A group of four Nelson Mullins Riley & Scarborough attorneys in Atlanta advised Videolarm Inc. on its acquisition by Moog Inc. for $45 million in
cash.
Partner Rhys Wilson was lead counsel to Videolarm’s founder, Ray Pagano. Wilson was joined by of counsel David Goldberg and Jim Holmes and associate Hemant Dutta, according to the law firm. Hodgson Russ in Buffalo, N.Y. advised Moog. The deal closed Feb. 13.
Videolarm makes closed-circuit television cameras and vandal resistant protective housings for surveillance systems. The Decatur, Ga. company had 2008 sales of $19.5 million. Moog, of East Aurora, N.Y., makes “motion and fluid controls and systems for a broad range of applications in aerospace and defense, industrial and medical markets,” according to the company’s annual report.
Moog Inc. is not to be confused with Moog Music Inc., the successor company to a firm founded by electrical engineer Bob Moog in the late 1970s. Moog Music manufactured the world’s first analog synthesizer, which was called the Moog and was invented by Bob Moog.