Michael P. Rittinger

Michael has more than 25 years of experience representing privately held companies and private investment funds in a wide variety of complex transactions. He has particular depth in mergers and acquisitions, equity and debt offerings, venture capital transactions, joint ventures and other transactions, as well as commercial finance and Section 363 asset sales. His representations span a range of industries, including manufacturing, retail, construction and outdoor advertising.

His notable experience includes:

• Mergers and Acquisitions: represented Orenco Systems, Inc. in connection with its $250 million sale to Advanced Drainage Systems
• Section 363 Transaction: represented The Limited LLC, a retailer of women’s clothes, in connection with the $26.75 million sale of its intellectual property effectuated through a Chapter 11 Section 363 auction sale
• Commercial Finance: represented a real estate developer in connection with a $72.5 million construction financing for an 832-bed student housing project
• Venture Capital: represented the lead investor in a $5 million Series D round investment in a privately held company that develops electronics for cable television companies and related industries

Mergers and Acquisitions

• Represented Hempt Bros., Inc. in connection with its sale to New Enterprise Stone & Lime, Inc.
• Represented The Railroad Associates Corporation in connection with its sale to American Track
• Represented Stott Outdoor Advertising in connection with its sale to Lamar Outdoor
• Represented the owners of Elevator Doors Inc. and Elevator Cabs Inc. in connection with its sale to a private investment firm
• Represented Independent Outdoor III, LLC in connection with several transactions, including the sale of billboard assets in eight states to Lamar Central Outdoor LLC
• Represented Real Geeks, LLC in connection with its sale to Fidelity National Financial
• Represented Grove supply, Inc. in connection with its sale to Ferguson PLC
• Represented a national furniture rental company in connection with several acquisitions
• Represented a manufacturer and distributor of chimney-related products in a joint venture with a Canadian-based stove manufacturer to manufacture and distribute products in Canada
• Represented manufacturer and distributor of chimney-related products in its $22 million sale transaction to a private equity fund
• Represented a mezzanine lender and minority equity investor in its CDN $15 million acquisition of a Canadian-based manufacturer and distributor of aluminum railing products
• Represented an investment advisor in connection with the acquisition of a family of investment funds from Neuberger Berman/Lehman Brothers
• Represented a vision care information company in connection with the sale of its assets for approximately $23 million to a Euronext Amsterdam listed company
• Assisted in the representation of a NASDAQ National Market retailer of computer games, hardware and software in connection with its merger with a NYSE-listed competitor in a transaction valued at over $1.6 billion
• Represented a privately held pharmaceutical testing company in connection with the sale of its assets for $18 million to a NASDAQ National Market company
• Represented a national steel fabricator in an $81 million cash-for-stock acquisition and financing of another steel fabricator

Section 363 Transactions

• Represented Gold Standard Baking, Inc. in connection with its $20 million sale effectuated through a Chapter 11 Section 363 sale
• Represented Restaurants Unlimited, Inc., in connection with the $32.7 million sale to Landry’s LLC (Golden Nugget) effectuated through a Chapter 11 Section 363 sale
• Represented Massif Mountain Gear Company, L.L.C., a designer, manufacturer and distributor of flame-resistant fabric and apparel for domestic and foreign military and civilian end users, in connection with the $10.2 million sale of substantially all of its assets effectuated through a Chapter 11 Section 363 auction sale
• Represented Tactical Intermediate Holdings, Inc. in connection with the $6.9 million sale of substantially all of the assets of its combat boot division effectuated through a Chapter 11 Section 363 auction sale
• Represented Edwin Watts Golf Shops, LLC, a retailer of golf-related equipment, apparel and accessories, in connection with the $40 million sale of substantially all of its assets effectuated through a Chapter 11 Section 363 auction sale
• Represented Healthcare Uniform Company, Inc. and Uniform City National, Inc. (Life Uniforms), each a supplier of scrubs and uniforms for medical professionals, in connection with the $22.5 million sale of substantially all of their assets to Scrubs & Beyond, LLC effectuated through a Chapter 11 Section 363 sale

Commercial Finance

• Represented a mezzanine lender in $4.5 million secured financing to a manufacturer and distributor of electronic security systems
• Represented a convenience store chain in connection with a $50 million subordinated financing
• Represented a lender in connection with $30 million senior debt financing provided to a workers’ compensation insurance carrier
• Represented a national bank that acted as lead agent and lender in connection with $55 million syndicated senior acquisition financing provided to a manufacturer of rubber hoses
• Represented a private equity fund in connection with CDN $13 million senior and CDN $8 million subordinated acquisition financing provided to a manufacturer of wooden fuel pellets that has operations in the U.S. and Canada
• Represented a private equity fund in connection with $2.5 million senior and $2.5 million equity acquisition financing provided to a commercial radio station
• Represented a national bank that acted as lead agent and lender in a $50 million syndicated credit transaction involving an office equipment leasing company
• Represented a wine producer in securing $5 million in debt financing
• Represented a private equity fund in connection with $12 million secured loan to a cable installation company
• Represented a fire truck manufacturer in connection with a $20 million senior credit facility
• Represented a specialty truck manufacturer in connection with a $28 million senior credit facility
• Represents several mezzanine lenders on an ongoing basis, in connection with their investments in privately held companies with investments ranging from $3.5 million to $9 million

Venture Capital

• Represented the lead investor in a $1.5 million Series D round investment in privately held company that develops education software programs for the medical field
• Represented the lead investor in a $4 million Series A round investment in a privately held company that develops security software for computer networks
• Represented the lead investor in a $2.9 million Series B round investment in a privately held company that manufactures environmentally safe cleaning products
• Represented the lead investor in a $3.5 million Series C round investment and subsequent financings in a privately held company that develops online billing software for the utilities industry
• Represented the privately held manufacturer of billing and accounting software for the construction industry in connection with the redemption of its Series E Preferred Stock and related financings

Affiliations

• Association for Corporate Growth
  • M&A East Conference, Past Co-Chair, 2017-2018
  • M&A East Sponsorship Committee, 2015-2016
  • Marketing Committee Member, 2014-2016
• Philadelphia Bar Association
  • Private Equity and Venture Capital Committee, Past Co-Chair, 2012-2016
• Philadelphia Alliance for Capital and Technologies, Mid-Atlantic Venture Conference, Coach, 2004-2005, 2011

Recognition

• Recognized among the “U.S. Elite — Philadelphia” for Corporate M&A by Legal 500, 2025-2026

Education

• Notre Dame Law School, J.D.
• Fordham University, B.A., cum laude

Bar Admissions

• Pennsylvania
• New York