Overview
The BFKN Corporate & Securities Group served as legal counsel to L Catterton, a global consumer-focused private equity firm, in the acquisition of Taxa Outdoors, a manufacturer of lightweight, mobile habitats for outdoor adventure. This investment will enable Taxa to drive growth by broadening its distribution and expanding its product offerings to reach more people looking for unique outdoor experiences.
Taxa is an outdoor lifestyle firm that provides high-performance, durable, multi-functional camping machines. The deal is intended to drive growth in the expansion of distribution and product offerings for Taxa Outdoors. L Catterton has significant experience investing in outdoor brands, such as current and past investments in Heartland RV, Airxcel, West Marine, Getaway, Truck Hero and more.
BFKN’s legal team was led by Andrew R. Grossmann and Megan Ratia with additional support on corporate matters from Will Cronin and Katie Yonover. Intellectual Property Group co-chair Scott J. Slavick, partner David H. Bluestone and associate Nicole Chimienti assisted with intellectual property matters; Motor Vehicle Group co-chair Sarah M. Bernstein and partner Brandon C. Prosansky aided in motor vehicle matters. Tax & Business Planning Group co-chair Michael J. Towne and associate Megan E. Toal provided guidance with respect to the tax aspects of the transaction; Compensation & Employment Group chair Andrew K. Strimaitis, partner Allison N. Powers and associate Alex Freund advised on compensation, benefits and employment matters.
To read more about this deal, visit: