Pérez Bustamante & Ponce, Shearman & Sterling LLP, Lexim Abogados and Norton Rose Fulbright have advised on the transaction Orion Resource Partners (USA) LP and its affiliates (“Orion”) and The Blackstone Group’s Blackstone Tactical Opportunities division (“Blackstone”), as lenders and investors, finalized a debt and equity financing of approximately $400 to $450 million of the […]
Newell Brands Inc. has signed a definitive agreement to sell its Winter Sports businesses, inclusive of Völkl®, K2®, Marker®, Dalbello®, Madshus®, Line®, Full Tilt®, Atlas®, Tubbs®, Ride® and BCA® to Kohlberg & Company, L.L.C., a leading private equity firm specializing in middle-market investing. The sale of the Winter Sports businesses is part of Newell Brands’ […]
Simpson Thacher represented Performance Food Group Company (NYSE: PFGC) (the “Company”) and selling stockholders affiliated with The Blackstone Group L.P. (“Blackstone”) in connection with a public offering of common stock by certain selling stockholders (the “Selling Stockholders”). The Selling Stockholders sold 14,092,206 shares of common stock in the offering. The Selling Stockholders received all the […]
Itron, Inc., a world-leading technology and services company dedicated to the resourceful use of energy and water, has completed its previously announced acquisition of privately held Comverge by purchasing its parent company, Peak Holding Corp., for approximately $100 million. With the acquisition, Itron strengthens its portfolio of grid solutions with the industry’s leading demand response […]
Paul Hastings LLP represented Caladrius Biosciences, Inc., (CLBS) a NASDAQ-listed clinical stage development company with a cell therapy pipeline focused on immune modulation and select cardiovascular indications, in the sale of its subsidiary PCT to Hitachi Chemical Co. America, Ltd. Hitachi Chemical previously acquired a 19.9% stake in PCT, in March 2016. The agreement to […]
Dorsey & Whitney has advised on the deal with a team led by Christopher L. Doerksen (Picture) SEC-registered investment adviser Washington Capital Management, Inc. is an employee-owned provider of investment management services to institutional and private clients. Dorsey assisted WCM in its acquisition of Boston-based Great Point Investors, LLC, an SEC-registered investment adviser that originates […]
Ropes & Gray represented middle-market private equity firm BV Investment Partners in its agreement to sell application and infrastructure services provider TriCore Solutions to Rackspace, a leading managed cloud services provider. TriCore Solutions, LLC provides enterprise managed solutions for healthcare, financial services, manufacturing, life science, and retail industries worldwide. The company offers managed application and […]
Olshan client Alden Global has reached an agreement with Fred’s, Inc. for two board seats. Fred’s, Inc., together with its subsidiaries, sells general merchandise through its retail discount stores and full service pharmacies. Pursuant to the agreement Steven Rossi, CEO of Digital First Media, and Timothy Barton, former CEO of Freightquote.com, will be appointed to […]
The Sherwin‐Williams Company has completed its divestiture of the assets related to Valspar’s North American Industrial Wood Coatings business to Axalta Coatings Systems for $420 million in cash. Valspar’s North American Industrial Wood Coatings business had revenues of approximately $225 million in 2016 and is one of the leading providers of coatings for OEM and […]
A cross-office Ropes & Gray team advised leading investment firm Bain Capital Ventures in a $10-million Series A financing of privately held Doc Halo, an emerging growth company, as part of an $11 million Series A financing. Additional funding in the Series A round came from Refinery Ventures. The transaction, which was announced April 25, […]
Simpson Thacher represented Blackstone Mortgage Trust, Inc. (NYSE: BXMT) in connection with its public offering of $287.5 million aggregate principal amount of 4.375% Convertible Senior Notes due 2022, inclusive of notes sold pursuant to the underwriters’ full exercise of their over-allotment option. Blackstone Mortgage Trust is a real estate finance company that originates and purchases […]
Olshan represented Macellum on the successful completion of Macellum Advisors’ activist campaign. Citi Trends, Inc. operates as an off-price retailer of urban fashion apparel and accessories. The company offers apparel comprising fashion sportswear for men, women, and children, as well as offerings for newborns, infants, toddlers, boys, and girls; accessories comprising handbags, jewelry, footwear, belts, […]
