DLA Piper represented CIRCOR International, Inc., a provider of flow control solutions and other highly engineered products for the industrial, energy, aerospace and defense markets, in the sale of its Reliability Services business to an affiliate of RelaDyne LLC for approximately US$85 million.
The Reliability Services business provides critical lubrication and flushing services and oil misting equipment to customers in the oil and gas, petrochemical, power generation, industrial and naval markets. CIRCOR expects to use the net proceeds from the sale to pay down outstanding debt.
The DLA Piper team included lawyers from the United States, Brazil, Canada, China, Colombia, Hong Kong, Italy, Japan, Mexico, Peru and Spain. The team was led by partner Adam Ghander (Boston) and included partners Cathryn Le Regulski (Northern Virginia), Ute Krudewagen, Nathaniel McKitterick (both of Silicon Valley), Julia Kovacs, Thomas deButts (both of Washington, DC), Drew Young, Paolo Morante (both of New York), William Bartow, Lesli Esposito (both of Philadelphia), Angela Crawford (Miami), Brad Jorgensen (Austin), María Ríos Espinosa (Mexico City), Gina Zawitoski (Baltimore) and Ted Maduri (Toronto); senior counsel Sandra Bell (Washington, DC); and associates Amie Aldana (Los Angeles), Tim Fuhriman, Jennifer Gardner, Kurtis Weaver, Alexandra Klingenstein (all of Boston), Katie Lee (Houston), Amanda Rooney (Northern Virginia), Thomas Reynolds (Washington, DC) and Jason Veit (Chicago).
Involved fees earner: Amie Aldana – DLA Piper; William Bartow – DLA Piper; Angela Crawford – DLA Piper; Thomas deButts – DLA Piper; Lesli Esposito – DLA Piper; Tim Fuhriman – DLA Piper; Jennifer Gardner – DLA Piper; Adam Ghander – DLA Piper; Brad Jorgensen – DLA Piper; Alexandra Klingenstein – DLA Piper; Julia Kovacs – DLA Piper; Ute Krudewagen – DLA Piper; Katie Lee – DLA Piper; Sandra Lee Bell – DLA Piper; Ted Maduri – DLA Piper; Nathaniel McKitterick – DLA Piper; Paolo Morante – DLA Piper; Cathryn Le Regulski – DLA Piper; Thomas Reynolds – DLA Piper; María Eugenia Ríos Espinosa – DLA Piper; Amanda Grace Rooney – DLA Piper; Jason Veit – DLA Piper; Kurtis Weaver – DLA Piper; Drew Young – DLA Piper; Gina Zawitoski – DLA Piper;
Law Firms: DLA Piper;
Clients: CIRCOR International, Inc.;