Press Release

Akerman Senterfitt today announced that it represented lifestyle retailer Salt Life Holdings, LLC, the owner of "Salt Life" trademarks, in the sale of substantially all of its assets to Delta Apparel, Inc. (NYSE: DLA), an international design, marketing, manufacturing, and sourcing company of active wear apparel. The transaction closed on August 27, 2013.

Akerman shareholders Timothy Crass and Rema Awad with the firm's Corporate Practice Group served as lead lawyers in the deal. Additional lawyers working on the transaction included Peter Larsen, chair of Akerman's Taxation Practice Group, and shareholders David Otero, Stephen Roddenberry, and Frank Cordero.

Akerman is recognized by U.S. News - Best Lawyers as a leading U.S. law firm for Corporate, M&A, Private Equity, Securities/Capital Markets, and Securities Regulation Law. In addition, Akerman's Corporate Practice Group is recognized by The Legal 500 within the National Firms - Middle Market category and is ranked #1 by Chambers USA for Corporate/M&A & Private Equity in Florida. Akerman's Corporate Practice Group advises public and private companies, including private equity funds, in mergers & acquisitions, securities offerings, financings and other transactional matters, with a strong focus on the middle market.

About Akerman Senterfitt
Akerman is a leading transactions and trial law firm known for its core strengths in middle market M&A, within the financial services and real estate industries, and for a diverse Latin America practice. With more than 550 lawyers and government affairs professionals and a network of 19 offices, it is ranked among the top 100 law firms in the United States by The National Law Journal NLJ 350 (2013). Akerman also is ranked among the top 100 law firms for diversity by MultiCultural Law magazine (2012) and recognized as the Law Firm of the Year for Diversity – South by Benchmark Litigation (2012). More information can be found at akerman.com or twitter.com/akerman_law.

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