Troutman Pepper Advises Innovative Control Systems, Inc. in Deal with Dover
PHILADEPHIA – Troutman Pepper client Innovative Control Systems, Inc. (ICS), a leading provider of car wash controllers, payment terminals, point-of-sale and wash site management software solutions, has been acquired by Dover, a diversified global manufacturer and solutions provider. Read a company press release about the acquisition here.
ICS will bring more than three decades of strong engineering and reliability, high levels of customer service, and innovative solutions to Dover, enhancing the company’s offerings, business mix and recurring revenue stream.
A multi-disciplinary team of Troutman Pepper attorneys, led by attorneys Michael Jones, Thomas Dwyer and Daniel Sieck, assisted ICS during the process. Additional team members included Howard Goldberg, Michael Crumbock, Greg Narsh, Alex Nisenbaum, Keith Guo, Kenneth Minturn, Jessica Rothenberg, Julia Tomec, Brittany Birnbaum, Rachel Mynhier, and IP Coordinator Sara Harvell.
Troutman Pepper has worked with ICS over the years to develop and implement a strategic intellectual property plan to protect and leverage the company’s technology and innovation, including the protection of ICS’s intellectual property via patents, trade secrets, trademarks, copyright, and agreements. Through the protection of its IP, ICS was well positioned to protect its market share and position itself for this acquisition.
Troutman Pepper’s Intellectual Property Practice Group consists of a nationally ranked team of attorneys, patent agents and other professionals and provides counsel on the development, acquisition, management and monetization of a company’s most important assets. Clients range from first-time inventors to multinational industry leaders.
Consistently recognized as a top-tier national practice, Troutman Pepper’s corporate attorneys regularly handle multimillion- and multibillion-dollar transactions. Core areas of service include capital markets transactions and other significant domestic and cross-border transactions, mergers and acquisitions, corporate governance, securities laws compliance, and corporate finance.
About Troutman Pepper
Troutman Pepper is a national law firm known for its higher commitment to client care. With more than 1,200 attorneys in 23 U.S. cities, the firm partners with clients across every industry sector to help them achieve their business goals. Read more about the firm’s litigation, transactional, and regulatory practices at troutman.com.