October 13, 2026
–Publication

Sullivan represented Horizon Beverage Group Inc., one of New England’s premier alcohol distributors, in its sale to Southern Glazer’s Wine & Spirits, the world’s preeminent distributor of beverage alcohol. The acquisition marks an exciting expansion for Southern Glazer’s, adding Massachusetts and Rhode Island as the 46th and 47th markets in its U.S. footprint, alongside operations in Canada and the Caribbean.
“We are grateful to Horizon’s employees, customers, and partners for so many years of success, and this transition represents an even brighter future for all,” said Bob Epstein, CEO/President at Horizon. “We’re confident that Southern Glazer’s strength and scale will not only support a smooth integration, but also create new opportunities for growth and success.”
“We’re committed to maintaining the exceptional service that Horizon is known for while bringing the added benefits of being part of the Southern Glazer’s family,” added Jim Rubenstein, CEO/Treasurer at Horizon. “This partnership ensures stability and growth for all stakeholders and strengthens our ability to deliver value across the board.”
Lewis N. Segall, Charles E. Chambers Jr., Ida J. Vanto, Sharon G. Leifer, Steven M. Cunningham, Jr. and Christopher C. Curtis
Sullivan represented Wonder Media Network (WMN), a female-founded, audio-first creative studio based in New York City, in its sale to Acast, the world’s largest independent podcast company. "WMN’s mission is so tightly aligned with that of Acast - bringing important and changemaking stories to the world," said WMN CEO Jenny Kaplan. "Together, we will allow both creators and advertisers to reach new audiences, build successful businesses, and shape the future of audio."
Lewis N. Segall, Joel R. Carpenter, Amy E. Sheridan, Erika L. Todd and Johanna Colpritt
Sullivan represented Novomatic digital division Greentube in its acquisition of San Francisco-based Present Creative. Novomatic, an international gambling company, has announced its intention to expand into the U.S., and Sullivan serves as M&A deal counsel. Greentube’s acquisition of Present Creative, Greentube’s first US acquisition, was completed in November 2022. The acquisition will see Greentube further expand its presence in the U.S., where it has made significant inroads over the last 12 months, with the supplier bolstering its local product offering.
Benjamin J. Armour and Johanna Colpritt
The environmental technology company, Nederman Holding AB, represented by Sullivan, recently acquired a leading industrial air filtration company RoboVent, significantly strengthening its North American position by becoming the number one player within the U.S. weld fume extraction segment. Sullivan has provided acquisition advice to Nederman since 2017. Sullivan’s Environment & Natural Resources group handled preparation of environmental provisions of the purchase agreement and disclosure schedules and advised as to regulatory compliance at the target company.
Michael J. Student, Avinash R. Rao, Amy E. Sheridan, Erika L. Todd, Douglas S. Stransky and Ida J. Vanto
Sullivan represented Admiral Metals who was acquired by Reliance Steel & Aluminium Co. (NYSE: RS). “Admiral Metals has built a strong reputation in the metals industry for providing specialty products, high levels of customer service and next-day delivery,” commented Jim Hoffman, Chief Executive Officer of Reliance. “We believe this acquisition will enable Admiral Metals to leverage Reliance’s scale in order to capitalize on further growth opportunities while maintaining its strong brand recognition. We are excited to welcome Admiral Metals to the Reliance Family of Companies, our 70th acquisition since our 1994 IPO.”
Lewis N. Segall, Victor N. Baltera and Sharon G. Leifer
Sullivan represented Masy Systems Inc. ("Masy" or "Masy BioServices"), a preferred provider of cGMP Biostorage and pharma support services, in the sale of its Masy to Alcami Corporation, a leading pharmaceutical and biotech contract development and manufacturing organization (CDMO).
Lewis N. Segall and Steven M. Cunningham, Jr.
In November 2021, Sullivan together with its clients Merger & Acquisition Services, Inc., and International Transportation Marine Office, LLC (ITMA) received the Cross-Border Deal of the Year ($50 to $100 million) Award, at the 20th Annual M&A Advisor Awards in New York City. The award was given for the sale of ITMA to MS Amlin Underwriting Limited, a UK company. Don Kaitz retained his role as chairman of Arizona-headquartered ITMA, and the business continued to be led by Eric Kaitz, Chief Executive Officer. Earlier in 2021, Douglas Stransky and Michael Student, along with Merger & Acquisition Services Inc., advised ITMA and the Kaitzes.
Partner and head of Sullivan's International Tax Group, Douglas Stransky, commented, "We are thrilled to receive this honor and be together in-person with our clients and friends, Merger & Acquisition Services, Inc. and Don and Eric Kaitz, and proud to have collaborated with them on this sale."
Douglas S. Stransky and Michael J. Student
Sullivan & Worcester will host two events in London and Edinburgh on 11 and 12 November, 2026, as part of International Trade Week 2026, exploring how export credit agency (ECA) financing can help venture-backed technology companies fund international growth without diluting equity. Partners James Shaw, Ben Williams, Daniela Barrdear and Mark Norris, from the firm's Emerging Companies & Venture Capital and Trade & Export Finance practices, will discuss how UK Export
Ameek Ashok Ponda, Sarah Wellings and Connie Lee updated their white paper, "Remediation of M&A REIT Targets," for additional administrative authorities, deal precedents, and recent case law. The white paper was published most recently by Practising Law Institute’s “Real Estate M&A and REIT Transactions” as part of its 2024 Real Estate Practice Course Handbook Series and serves as the playbook for diligencing and remediating real or perceived REIT qualification failures.
Partner Mark Norris will participate in GTR Africa 2026 London, hosted by Global Trade Review (GTR) on November 12, the theme for which is “Charting Africa’s trade and export trajectory.” Mark will join the panel discussing “Looking ahead or back to basics? ECA reform priorities to remain competitive”, which will be moderated by Chris Mitman at Acre Impact Capital and include Ram Shalita at Bluebird Finance & Projects and Anders Vium
Geoffrey Wynne was quoted in the article "When the Price Is High and There’s Limited Supply," published in Financial World [sub. req'd], the monthly digital magazine of Walbrook Institute London, in October 2026. The article discusses growing concerns over access to critical raw materials and other essential goods, and how those concerns are reshaping global supply chains. It also explores how trade finance can be used to support supply chain resilience and help
On October 1, 2026, the U.S. Securities and Exchange Commission (the "SEC") proposed a comprehensive new custody framework for crypto assets. Subject to significant conditions, the proposal would permit SEC-registered investment advisers to self-custody certain client crypto assets when no qualified custodian is reasonably available for the particular asset. It also would permit registered investment companies and business development companies ("BDCs," and together with registered investment companies, "regulated funds") to
Geoffrey Wynne has contributed to an article for Trade Treasury Payments (TTP), by Eleanor Hill, titled “Who Lends to Commodity Borrowers Without a Track Record?”, following the second 2026 Sullivan and TTP co-hosted Trade and Commodity Finance Breakfast Club, held on Tuesday, 15 September at The Lansdowne Club in London. The discussion, which was moderated by Geoff, featured Tanya Epshteyn at Czarnikow Group, James Lowrey at Lloyds Bank and John MacNamara
Sullivan & Worcester (Sullivan) has welcomed Veronika Koroleva as counsel in its market-leading Trade & Export Finance practice in London. Joining from Hill Dickinson, where she was Head of Trade Finance, Veronika brings extensive experience in trade and commodity finance, including structured trade, receivables and supply chain finance. Veronika’s arrival builds on the expansion of the practice following the additions of Robert Parson and Matthew Cox as partners in 2025 and
Sullivan attorneys Gerry Silver, Noa Havdala Azoulay and Tehila Levi Lati will lead an interactive discussion, "Same Dispute, Three Worlds: New York, Israel & Asia in International Arbitration," on October 25, 2026, at the firm's Tel Aviv office. Through an evolving international commercial dispute case study, the panelists will examine how legal and procedural differences across jurisdictions influence dispute resolution strategies. As new facts emerge, they will explore the different approaches
Geoffrey Wynne, partner at Sullivan & Worcester and head of its Trade & Export Finance Group, joined Alex Gray, Director of Trade and Transaction Banking at the London Institute of Banking and Finance (LIBF), for a discussion with Eleonore Treu, Director of Trade Finance Week at ICC Austria, at the ITFA Annual Conference in Split, Croatia. The conversation explored how artificial intelligence is changing the skills required in trade finance, the
Sullivan & Worcester will host two events in London and Edinburgh on 11 and 12 November, 2026, as part of International Trade Week 2026, exploring how export credit agency (ECA) financing can help venture-backed technology companies fund international growth without diluting equity. Partners James Shaw, Ben Williams, Daniela Barrdear and Mark Norris, from the firm's Emerging Companies & Venture Capital and Trade & Export Finance practices, will discuss how UK Export
Ameek Ashok Ponda, Sarah Wellings and Connie Lee updated their white paper, "Remediation of M&A REIT Targets," for additional administrative authorities, deal precedents, and recent case law. The white paper was published most recently by Practising Law Institute’s “Real Estate M&A and REIT Transactions” as part of its 2024 Real Estate Practice Course Handbook Series and serves as the playbook for diligencing and remediating real or perceived REIT qualification failures.
Partner Mark Norris will participate in GTR Africa 2026 London, hosted by Global Trade Review (GTR) on November 12, the theme for which is “Charting Africa’s trade and export trajectory.” Mark will join the panel discussing “Looking ahead or back to basics? ECA reform priorities to remain competitive”, which will be moderated by Chris Mitman at Acre Impact Capital and include Ram Shalita at Bluebird Finance & Projects and Anders Vium
Geoffrey Wynne was quoted in the article "When the Price Is High and There’s Limited Supply," published in Financial World [sub. req'd], the monthly digital magazine of Walbrook Institute London, in October 2026. The article discusses growing concerns over access to critical raw materials and other essential goods, and how those concerns are reshaping global supply chains. It also explores how trade finance can be used to support supply chain resilience and help
On October 1, 2026, the U.S. Securities and Exchange Commission (the "SEC") proposed a comprehensive new custody framework for crypto assets. Subject to significant conditions, the proposal would permit SEC-registered investment advisers to self-custody certain client crypto assets when no qualified custodian is reasonably available for the particular asset. It also would permit registered investment companies and business development companies ("BDCs," and together with registered investment companies, "regulated funds") to