EL SEGUNDO, CA (December 31, 2017)—Adishian Law Group Advises Pioneer Magnetics on Sale of Business.

Adishian Law Group is pleased to announce the sale of Pioneer Magnetics’ power supply business to United States Technologies-Aldetec Holdings Company (“UST-Aldetec”).

“This transaction was an opportunity to represent a truly remarkable sixty year old, Santa Monica-based family business that designs, manufactures and sells mission-critical power supply products to a global customer base” says Attorney Chris Adishian.

On behalf of our client, Adishian Law Group led the legal work on the transaction from initial letter of intent (LOI) through Closing.  “Like many family business sales, this transaction involved many stakeholders, and we coordinated our representation with other attorney retained to advise the shareholder’s family on matters relating to the sale” stated Adishian.

The firm’s work included included negotiating, draft or reviewing the following documents: Letter of Intent, Deal Memo, Asset Purchase Agreement, Schedules, Escrow Agreement, Bill of Sale, IP Assignment and Assumption Agreement, Transition Services Agreement and a variety of post-Closing matters.

About Pioneer Magnetics

Founded in 1957 by Dr. Allen B. Rosenstein, over the course of 60 years Pioneer Magnetics built a global business designing and manufacturing the highest quality switching power supplies. PMI’s power supply business offers low voltage and high current products ranging from < 1,000 Watts to > 30KW per box. COTS, isolated and non-isolated, intelligence as well as “thousands” of combinations, such as racks/power shelves, are available in standard and unique sizes.

About UST-Aldetec

UST-Aldetec is a consolidation of companies brought together to provide superior services and products to our Defense and Commercial customers. Together they are expert at RF detection, Frequency Conversion, Broadband Amplification, Power management, and repair/re-engineering of subsystems for obsolescence mitigation and extending system lifetime. UST-Aldetec teams can design, manufacture and support products seamlessly and rapidly. Their design turn averages less than 6 months from receiving a specification. Our goal is to provide high quality subsystems to our customers at an affordable price, and to keep them running with an exceptional MTBF. UST-Aldetec is a certified small business, AS-9100 certified with over 40,000 Square feet of manufacturing space.

About Adishian Law Group, P.C.

 

EL SEGUNDO, CA (November 14, 2017)— Adishian Law Group is pleased to announce that Adishian Law Group, P.C. and Adishian Capital were profiled in the current issue of Southbay Magazine.

Southbay Magazine (November 2017)

As the magazine states, “Adishian Law Group practices business, employment and real estate law. The firm leads mission-critical transactions and litigation, with a focus on high-stakes employment cases involving highly compensated professionals. Adishian Capital is a licensed real estate brokerage that provides property management services and select brokerage services. Owner Chris Adishian earned his bachelor’s degree in mathematical economics at Berkeley and law degree from Loyola Law School.”

What’s most rewarding about your work?

“Our clients inspire us—they’re proven leaders in their industries and professions, and we’re privileged to work on their behalf.”

What can our readers learn from your most successful clients?

“They are committed to improving their decision-making process in business and life. They understand that the two great equalizers are: (1) time and (2) decisions. Over time, the compounded result of good decisions (and avoiding the compounded result of bad decisions) dwarfs any legal fees. Quite often the best decision is to ‘not do’ something. Making that decision is just as important as the decision to ‘do’ something.”

What is the most valuable skill you offer clients?

“My individual core skill set is along the lines of an ‘expert generalist’. When we look at a challenge or opportunity, we bring the legal expertise. That’s foundational. Along with our legal advice, we bring deep knowledge and multidisciplinary experience, which come together to inform the client’s business or litigation strategy and execution.”

Southbay
Chris Adishian, Founder
Adishian Law Group, PC
Adishian Capital

What would you want potential clients to know about you?

“The law is ultimately a ‘helping’ profession, and that’s why we are here—to help our clients. We also have a tremendous amount of free informative content on our website and on our YouTube channel, to help anyone seeking to learn more about California law in the areas that we practice.”

What is unique about how your two firms work together?

“For clients active in real estate—owning, buying, selling, leasing or exchanging—our combination of a real estate law firm with an affiliated property management firm is unique. We can deliver tremendous value and provide relationship continuity.”

What are the last three books that you’ve read?

“Other than children’s books for my kids (laughing), ‘The Undoing Project’, ‘Hillbilly Elegy’ and ‘Business Adventures’. I frequently reference Warren Buffett’s ‘Owner’s Manual.’”

Click this link to read the full-color original.

To arrange a call with Adishian Law Group or for more information about this article appearing in Southbay Magazine 2017, please Contact Us.

EL SEGUNDO, CA (November 9, 2016)— Adishian Law Group is pleased to announce that Adishian Law Group, P.C. and Adishian Capital were profiled in the current issue of Southbay Magazine.

south-bay-magazine-2016 Southbay Magazine (November 2016)[/caption]

As the magazine states, “Adishian Law Group practices business, employment and real estate law, and Adishian Capital is a licensed real estate brokerage that
provides property management services and select brokerage services. Owner Chris Adishian started the law firm in 2003 and Adishian Capital in 2007.

FAST FACT:

From their South Bay headquarters, Adishian Law Group has represented clients in 22 California counties, 12 states outside California and 9 foreign countries.

What would you like potential clients to know about you?

“Our work at Adishian Law Group includes leading mission-critical transactions and litigation, and high-stakes employment cases involving highly compensated professionals. Together with Adishian Capital, we deliver ‘family office’ real estate capabilities—giving clients relationship continuity across all their real estate activities.”

What’s next for your firm?

“Adishian Law Group completely upgraded its technology in the past 12 months so we can continue to provide the highest quality legal services with cutting-edge hardware and software. Adishian Capital has grown to more than $50 million in assets. Prudent growth is the plan.”

What’s most rewarding about your work?

“Our clients inspire us—they’re proven leaders in their industries and professions, and we have a lot of fun working on their behalf.”

alg-acap-16
L to R: David Simmons, Gladys Mydland, Chris Adishian, Heather DeFalco, Erik Bleitz, Patricia Parker, Tamara Cook, Andrew Messori

Tell us about your team

“I’m really proud of the team. We have a well-educated mix of Boomers, Xers and Millennials. Many have advanced degrees or even multiple advanced degrees. They work hard to deliver for our clients. A majority of them call the South Bay home.”

What are the current trends affecting your industry?

“New technology continues to disrupt the legal field. It is a dynamic industry and intensely competitive. Like our entrepreneurial clients, we’re constantly reviewing and adopting technology tools to improve professional service delivery.”

To what do you attribute your success in this industry?

“We’ve earned a reputation for being friendly, fair-minded and respectful. This extends to our clients, coworkers, vendors, clerks, judges, opposing parties and their attorneys or advisors. As a result we’re able to close deals, resolve litigated disputes and still build relationships. In fact, a number of our clients were formerly ‘across the table from us,’ either in a negotiation or litigation. Our former opposing counsel are among our best referral sources.

Click these to read the profile on oursouthbay.com and to view the full-color original.

To arrange a call with Adishian Law Group or for more information about this article appearing in Southbay Magazine 2016, please Contact Us.

EL SEGUNDO, CA (October 2015)— Adishian Law Group is pleased to announce that attorney Chris Adishian was profiled in the current issue of Chadwick School’s COMPASS Magazine.

CHRISTOPHER ADISHIAN ’87

Like many Chadwick alumni, Chris Adishian ’87 vividly recalls outdoor education. He went rock climbing at Joshua Tree National Park, made two weeklong camping trips along the Colorado River, camped and hiked on Catalina Island, and participated in a “home and away” exchange with a private school in Connecticut.

Chadwick.Compass.Cover_Web-400

“These are just tremendous learning experiences for young students that stay with them for a lifetime,” Adishian says. “I still remember mine over 30 years later.”

But more than just for the fun of being outdoors, Adishian appreciates Chadwick’s outdoor education program for what it brings to each student’s sense of being.

“Chadwick’s commitment to educating the whole child is rare,” he says. “I believe it helps each child discover and develop his or her confidence, perspective, abilities, interests and potential.”

As a student, says Adishian, he “seemed to be always playing sports either during or after school.” He rowed during his freshman year at the University of California at Berkeley, and still takes yoga and martial arts classes every week. His other exercise, he says, comes from wrestling with his two children, Mark (4) and Talar (2). Adishian resides in Hawthorne with his wife Lena, and their children.

“My hope is that I can contribute my skills to help Chadwick achieve its short- and long-term goals…”

For Adishian, time out for fun and family can be hard to find. He balances his workdays between his legal practice, where he focuses on business, real estate and employment law (he earned his J.D. from Loyola Law School in Los Angeles), and his real-estate firm, where he manages approximately $33 million in residential and commercial property and makes good use of his B.A. in Mathematical Economics from UC Berkeley.

As busy as he is, Adishian suddenly felt like a man with time on his hands when Chadwick approached him about a trusteeship.

Chadwick was such a positive, growing experience for me in so many ways,” he says. “When I was asked to join the board, it seemed like the natural thing to do.”

As an experienced world traveler, he admires the school’s global perspective, especially the opening of the campus in Songdo, Korea. “When I first heard about Chadwick International,” he says, “my first thought was, ‘That is simply brilliant!’ What a visionary idea.”

Now it’s his turn to help form the vision for Chadwick’s future. “My hope,” he says, “is that I can contribute my skills to help Chadwick achieve its short- and long-term goals so the school can continue to fulfill its mission for the students at Chadwick School and Chadwick International.”

Download a .PDF of the full-color original Compass Article.

To arrange a call with Adishian Law Group or for more information about this article appearing in Compass Magazine, please Contact Us.

EL SEGUNDO, CA (July 2014)— Adishian Law Group is pleased to announce that attorney Chris Adishian was profiled in the Southbay Magazine 2014 Trusted Advisors issue.

As the magazine states, “Behind every successful individual and company, you’ll likely find a trusted advisor-or a team of them. Professional experts inform you about your options, help you explore new ideas and discover solutions, and work with you to navigate the road ahead. It’s essential to select a proficient team of trusted advisors when making decisions that impact you, your business, your home and your family. The South Bay specialists on the following pages have expertise in a variety of fields. They are known for innovative solutions and top-notch client care … and they are who our readers tum to when making important life decisions.

“Adishian Law Group practices corporate, real estate and employment law. Their work includes leading mission-critical transactions and litigation, and employment cases involving highly compensated professionals and executives often with significant equity. Owner Chris Adishian, raised in Palos Verdes, started the firm in 2003, after working at Arthur Andersen and investment bank Montgomery Securities in San Francisco.”

Tell us something unique about your business.

“Our business and real estate clients benefit by having a legal team that is equally comfortable with legal briefs and complex financial models. Through our affiliated property management firm, Adishian Capital, we provide ‘family office’ real estate capabilities, giving our clients relationship continuity across all their real estate activities. In our employment practice, we represent both plaintiffs and defendants. We believe this dual experience saves our clients time and money in preventing litigation as well as litigating, valuing and resolving claims. In all areas, clients appreciate our communication and follow-through.”

Why does your industry appeal to you?

“The practice of law is ultimately a ‘helping’ profession. We exist to apply our skills and abilities to help our clients achieve goals and results that they could not achieve on their own. That is fulfilling.”

How do you give back to your community?

“Recently I was appointed as a Trustee to the governing body of Chadwick School and Chadwick International. It is part of our firm mission to contribute pro-bono services and make monetary donations to a diverse set of organizations.”

How does a client start a relationship with your firm?

“The attorney-client relationship is very important. After an initial inquiry or referral, we like to have an in-person meeting or conference call to listen to the prospective client’s needs. If we believe our skills will help the client and there is a shared sense of goals and expectations, we will proceed with an engagement.”

Give us a great piece of advice on how we can protect ourselves and our families.

“Be a good person. Treat people with respect. Do what you say you are going to do. Don’t take what is not yours. Buy insurance. Establish a relationship with an excellent, trusted attorney.”

(To read the original SouthBay magazine version click here.)

About Adishian Law Group, P.C.

Adishian Law Group is a California law firm with a statewide practice in the areas of Corporate law, Employment law, Real Estate law and Mediation Services. Adishianlaw.com is one of the oldest continually operating law firm websites on the Internet. The firm serves its clientele via three offices located in the major business hubs of El Segundo, Palo Alto and San Francisco. As of March 2013, Adishian Law Group, P.C. has represented individual and corporate clients located across 20 California counties, 4 States outside of California and 9 foreign countries — in over 340 legal matters.

To arrange a call with Adishian Law Group or for more information about this article appearing in Southbay Magazine 2014, please Contact Us.

Telephone: 310.726.0888 | 650.955.0888 | 415.955.0888
Email: askalg@adishianlaw.com
Social Media: @adishianlaw | LinkedIn | Facebook | YouTube

EL SEGUNDO, CA (October 15, 2012) Adishian Law Group served as exclusive sell-side counsel to Bay Area Pain Center in its sale to Prospira PainCare. 

In one of the most significant M&A transactions for a Bay Area healthcare company this year, Prospira PainCare (www.prospirapc.com) announced the acquisition of Bay Area Pain & Wellness Center (“BAPWC”) (www.bapwc.com) as its initial entry into the massive California market. 

The Adishian Law Group represented BAPWC as exclusive sell-side legal counsel throughout the transaction, from letter of intent through execution of deal documents.  Prospira’s transaction team included three law firms — two ranked in the Top 60 in the United States by size — and three private equity firms.

Representing BAPWC in the sale of the enterprise to such a sophisticated buyer as Prospira was the type of challenging, complex assignment that lies right in our wheelhouse, states Chris Adishian, President of the Adishian Law Group.  â€œOur team brought a wealth of transactional experience to the table, which leveled the playing field and helped the Company reach a “full value” deal that was fair all around.

This confidence in the Adishian firm is testimony to the Principal judgment and the firms breadth and depth of knowledge in sell-side M&A transactions.  Prior to quarterbacking corporate and transactional matters as a lawyer, Adishian spent time at Arthur Andersen and the West Coast’s leading investment banking firm, Montgomery Securities. 

Says Adishian, We appreciate the trust placed in us by BAPWC, and are grateful for the opportunity to apply our talents towards achieving success for our clients.

About Prospira Pain Care.  Prospira PainCare, located in Mountain View, California was founded in August 2012. Prospira PainCare partners with world class interventional pain management physicians and rehabilitation specialists. (www.prospirapc.com)

About Bay Area Pain Center.  Since 1999, BAPWC has offered a full complement of pain therapies, from highly specialized interventional treatments, to the most sophisticated interdisciplinary pathways and programs.  The Company addresses one of the most complex and challenging problems in society chronic pain.  Bay Area Pain & Wellness Center has increased its sphere of influence through geographic expansion from its headquarters facility in Los Gatos to San Francisco and Santa Cruz along with education through publications, lectures and teaching. (www.bapwc.com)

About Adishian Law Group, P.C. Adishian Law Group is a California law firm with a statewide M&A practice led by Chris Adishian. To see other transactions, please view our Case Studies and review other M&A Press Releases.

For more information about this transaction, or if you need help with your sale or acquisition, please contact Chris Adishian:

Telephone: 310.726.0888 | 650.955.0888 | 415.955.0888
Email: askalg@adishianlaw.com
Social Media: @adishianlaw |  LinkedIn | Facebook | YouTube