Milbank, Tweed, Hadley & McCloy LLP advised leading international staffing services provider Volt Information Sciences, Inc. (NYSE-MKT:VISI) in the sale of its information technology subsidiary, Maintech Inc., to Maintech Holdings LLC, a newly-formed holding company and affiliate of Oak Lane Partners, LLC.
This divestiture furthers Volt’s efforts to return its focus to its core staffing business as part of a program to simplify its corporate structure and enhance its financial flexibility.
The Milbank team was led by Corporate partner Adam Moses, and also included Corporate associate Mark Vible; Executive Compensation partner Manan (Mike) Shah and Executive Compensation associate Kelly Bartley; and Tax partner Russell Kestenbaum and Tax special counsel Max Goodman.
