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Rivkin Radler leads clients through acquisitions
POSTED DECEMBER 15, 2024
Sinensky leads team in acquisition for manufacturer client and Rivkin Radler Corporate Team assists with an acquisition
Avi Sinensky led a Rivkin Radler team in connection with the acquisition by the firm’s client, Fabuwood Cabinetry, of Plain N’ Fancy Custom Cabinetry, a Pennsylvania-based custom cabinet manufacturer. The transaction totaled $8.5 million in cash for the assets of Plain N’ Fancy and closed on September 3. Fabuwood’s principal was also under contract to acquire the real estate in which the target business is located, a transaction that closed in early September 2024. The Rivkin team also featured Jenson Wang, Bernadette Kasnicki, Michael Heller, Kate Heptig, Amy Silver, John Diviney, Paul Schwabe and Nancy Del Pizzo.
In a separate transaction, Avi Sinensky and Jenson Wang represented FCF Advisors LLC (FCF), a New York-based asset manager and index provider with approximately $600 million in assets under management, in connection with a definitive agreement pursuant to which FCF is being acquired by Abacus Life, Inc. (NASDAQ: ABL). Based in Orlando, Florida, Abacus is an asset manager specializing in longevity and actuarial technology. Rivkin Radler collaborated as part of a robust seller-side deal team.