Mark is a seasoned international lawyer whose experience includes serving as general counsel to global multinational corporations in Europe, Asia and North America.
Drawing on his experience as both a CEO and general counsel, Mark brings a distinct perspective to his client’s North American market entry strategy and operations, fusing executive management and legal experience into a powerful, value-added advisory service.
Mark continues to serve as North American counsel to foreign-based multinational enterprises and has extensive experience in guiding their foreign direct investment projects and strategies onto the continent.
Before Fox Rothschild
Prior to joining Fox, Mark was a member of Marco Q. Rossi & Associati, a bi-continental boutique law firm where he concentrated on cross-border mergers and acquisitions and general counsel services for foreign multinationals.
Mark previously served as a senior executive with the Leonardo Finmeccanica Group of Rome, Italy, one of the world's largest aerospace conglomerates. He served as Group VP and General Counsel of Finmeccanica’s Elsag Bailey Group, where he was principally involved in a series of international mergers, acquisitions and joint ventures, resulting in Elsag Bailey’s revenue growing from $300 million to more than $2 billion within a decade. Mark subsequently played a key management role in the divestiture of Elsag Bailey, which resulted in its sale to Asea Brown Boveri (ABB) for several billion dollars at a 100 percent increase in share value.
Following the sale, Mark was a founder of Glengary Ventures, a Cleveland-based early-stage technology fund. While at Glengary, he served as Chief Operating Officer of Nanodielectrics Corporation, an early-stage photovoltaic energy venture. In 2003, on behalf of the Eurotech Group, a Venice-based embedded systems multinational, Mark acquired Parvus Corporation, a Utah-based aerospace group. Following the acquisition, Mark served as President of Parvus and successfully led its restructuring and integration into its European parent.
Beyond Fox Rothschild
Mark also served as an Adjunct Professor of Business teaching corporate strategy at the John F. Donahue Graduate School of Business at Duquesne University and currently continues to teach an International Strategic Transaction course as an Adjunct Professor of Law at Duquesne University’s Law School. He has also guest lectured upon international business and law at the Graduate School of Business at the MIP Politecnico di Milano in Italy. He is also active in foreign affairs and currently serves as Vice President and officer of the board of the American Middle East Institute. From 2007 to 2009, he served as president and CEO of the Cleveland Council on World Affairs.
International M&A Representative Transactions
Served as Group VP and General Counsel to Elsag Bailey Process Automation (NYSE: EBY) during industry roll-up of the global industrial process automation market.
- $295 million acquisition by Elsag SpA of Bailey Controls Company (U.S.-based supplier of process automation systems, primarily in the electric utility market);
- $5 million majority investment by Bailey into Electronic Technology Systems, Inc. (spinoff from Westinghouse Electric Corporation Turbine Control Division);
- Negotiation of DuPont Bailey Initiative (major strategic alliance whereby DuPont committed to 30% of global process automation systems to be supplied by Bailey Controls);
- $15 million acquisition of Fluid Data, Inc. (small GC supplier based in Angleton, Texas);
- $30 million acquisition of Network Management Technology, Inc. from Federal Bankruptcy Court (UK owned supplier of SCADA systems for major electric utilities);
- $220 million acquisition of Fischer & Porter, Inc. (AMEX listed global manufacturer of process instrumentation with global market share in mag meters);
- $157 million Elsag Bailey Process Automation public offering on the New York Stock Exchange;
- $10 million acquisition of minority position in San Jose, CA-based pulp & paper control supplier (NASDAQ deal);
- Sale of Wisdom Systems Division to Concentra of Boston, MA in exchange for minority stake in Concentra; Concentra subsequently purchased by Oracle Corporation;
- Joint ventures in the United Kingdom, South Korea, Venezuela, France, Japan, Russia, the Middle East, Canada, Brazil and Mexico;
- $780 million acquisition of Hartmann & Braun AG (German-based global process automation supplier ranked as the 6th largest in the world);
- $700 million International Secondary Debt offering on the NYSE supporting the acquisition of Hartmann & Braun;
- $2.1 billion sale in fiscal year 2000 of Elsag Bailey Process Automation to ABB in a public auction managed by Merrill Lynch in London, England; and
- Spinoff of Applied Automation, Inc. following the Elsag Bailey sale to Siemens AG
Represented foreign national investors with respect to direct investment in North America.
- Acquisition by Italian multinational of natural gas conversion systems of Silicon Valley-based early stage tech company;
- Acquisition of Parvus Corporation (Salt Lake City-based ruggedized embedded systems supplier) by publically traded Italian multinational (Parvus subsequently sold to Curtiss- Wright Corporation);
- Acquisition of U.S.-based industrial valve manufacturer by large Shenyang, China-based multinational;
- Serve as North American M&A counsel for leading Japanese multinational operating in global industrial process automation markets;
- Tender for Houston-based O&G pipeline integrity software supplier;
- Acquisition of Phoenix-based cloud-based advanced automation solutions;
- Acquisition of U.S.-based micro-based analyzer instrument company;
- Acquisition of Houston-based supplier of energy optimization software for process industries;
- Acquisition of Pittsburgh-based supplier of load power management software from leading U.S. multinational and subsequent divestiture of French subsidiary to French management team; and
- Represented German-based multinational in cold chain market with tender offers for several North America-based competitors.