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Showing posts from April, 2023

Masters of Money LLC Acquires Wright Robotics Incorporated for $38,300,000

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Today, from their headquarters in Bethesda, Maryland, Masters of Money LLC announced they are acquiring California based cutting edge robotics firm, Wright Robotics Incorporated, for $38,300,000. Acquisition Details After the completion of the acquisition, The Masters of Money Family of Companies will have 300 employees and contractors, with annual revenue of approximately $375,000,000. 3rd Party Legal Representation Brown Brothers Harriman & Co. (BBH) is acting as financial advisor for The Masters of Money Family of Companies. Legal counsel for The Masters of Money Family of Companies on the acquisition is SJ Steptoe and Johnson, PLLC. Skadden, Arps, Slate, Meagher & Flom LLP., is providing legal counsel for Wright Robotics Incorporated. Statement From Wright Robotics Incorporated "The Masters of Money Family of Companies/Masters of Money LLC/A.I. Systems Inc/Foreign Corporation LTD AG, were willing to do the deal the way we wanted to do the deal. MJ's pit...