Smith Hulsey & Busey served as legal counsel to Karob Instrument, Inc. in its sale to an investment group led by Mark Izzo, CEO of EMT Metals. The transaction brings Karob and EMT under common ownership. Terms were not disclosed.
Karob is a family-owned precision machining manufacturer in Ocala, Florida, with more than 50 years of experience producing custom components for aerospace customers and other industries. EMT manufactures precision-machined components for OEM partners in aerospace and defense, thermal management, power distribution and high-tech industrial markets. Heritage Capital Group served as Karob’s exclusive transaction advisor.
Shareholder Steve Moore, who heads the firm’s Mergers & Acquisitions practice, advised Karob and its shareholders in the transaction along with David S. Dunn and Catherine A. Gleason.
“It was a privilege to help the Karob family and its team complete a transaction that honors what they built over five decades,” said Moore. “We appreciate the opportunity to represent them and look forward to watching Karob’s continued growth.”
Moore has over 30 years of experience representing clients in mergers, acquisitions, stock and asset sales, joint ventures and private equity investments.
Learn more about the firm’s Mergers & Acquisitions practice.
Follow us on
for more content updates