Lippes Mathias Assists Calspan Corporation in $725M Acquisition

May 8, 2023 | Press Releases

BUFFALO, N.Y. — Lippes Mathias is pleased to have represented Calspan in its sale to TransDigm Group, Inc., a publicly traded aerospace manufacturing company. Calspan, headquartered in Western New York, is a world-class independent engineering services and testing company that focuses on testing, evaluation and development across the aerospace, defense, hypersonic and automotive markets. TransDigm's acquisition of Calspan will enable the company to achieve long-term stability and success, providing a seamless shift from its existing private ownership. Calspan, will maintain its current organizational structure without any effect on its workforce or activities. 

Lippes Mathias' team led by attorneys Brian J. Bocketti and Thomas B. Hughes was proud to serve as lead counsel to Calspan throughout the transaction. Lippes provided extensive support through all stages of the auction and transaction process, including, but not limited to environmental review, due diligence preparation and review and negotiation of final agreements. 

Brian Bocketti has more than 20 years of experience in deal-making and transactional matters, concentrating his practice in the areas of acquisitions, senior finance, private equity and corporate counsel matters. Brian represents private equity firms, independent sponsors and public and privately held companies in acquisitions throughout the North American Market. As a trusted corporate counsel, Brian serves as primary outside counsel to public and privately held companies on matters spanning from corporate and capital organization to strategic initiatives such as mergers and acquisitions and joint ventures to family and corporate succession. Brian has consistently been recognized by Chambers USA, by Upstate New York SuperLawyers®, and by Best Lawyers in America, including “Lawyer of the Year” in Banking and Finance Law in Buffalo. 

Tom Hughes is a member of the firm’s corporate practice team where he assists clients with all aspects of the life cycle of their businesses, from formation and restructuring through dissolution; contract drafting and negotiating; corporate governance and compliance; navigating complex regulatory regimes; and other general corporate matters. He works with several private equity clients as a member of the firm’s private equity practice team, which typically involves mergers and acquisitions, fund formations and investments, and various private equity transactions. Additionally, he is a co-leader of the firm’s cannabis practice team and a member of the firm’s asset receivable management & consumer financial services practice team. Tom was recently recognized by Chambers USA as an Associate to Watch, by Upstate New York SuperLawyers® as a Rising Star, and by Best Lawyers in America as One to Watch. 

About Lippes Mathias LLP 

Lippes Mathias is a full-service law firm with nearly 170 attorneys serving clients regionally, nationally, and internationally. With offices in Buffalo, Albany, Rochester, Long Island, New York, and Saratoga Springs, N.Y.; Greater Toronto Area; Chicago, Ill.; Jacksonville, Fla.; Cleveland, Ohio; San Antonio, Texas; Oklahoma City, Okla.; and Washington, D.C., the firm represents publicly and privately-owned companies, private equity and venture capital firms, real estate developers, financial institutions, municipalities, governmental entities, and individuals. 

Year after year, Lippes Mathias is proud to be recognized by The Best Lawyers in America®, U.S. News - Best Lawyers®, Super Lawyers and Chambers USA. For more information, visit
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