Press Release
August 15, 2013

Holland & Knight Represents National Technologies Associates in Recapitalization and Formation of a 100% ESOP

Tysons Corner, Va (August 15, 2013) - Holland & Knight represented National Technologies Associates, Inc. (NTA) in its recent recapitalization, which resulted in the creation of a 100 percent ESOP-owned company.

NTA is a leading provider of life-cycle engineering, logistics and sustainment solutions for aviation platforms. NTA has a 30-year track record supporting a diverse base of fixed wing, rotary wing, unmanned aircraft and special warfare systems, including the V-22 Osprey, F/A-18 Super Hornet and others.

NTA's recapitalization highlights the viability of an ESOP as an attractive shareholder liquidity solution. An S Corporation that is 100 percent ESOP-owned can enjoy significant tax benefits and the company's earnings can be entirely tax exempt.

Holland & Knight Partners William Mutryn, David Matuszewski and Jocelyn Brittin and senior counsel David O'Leary handled the matter for the firm.

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