The Carlyle Group’s Acquisition of EnerMech Group Ltd


Kirkland & Ellis International LLP represented Carlyle on the deal

Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announces that it has agreed to acquire EnerMech Group Ltd, an international services company providing critical asset support to the energy, infrastructure and industrials sectors, from Lime Rock Partners. The transaction is expected to close in Q4 2018, subject to customary anti-trust and regulatory approvals.

Equity for this investment will come from Carlyle International Energy Partners (CIEP), a $2.5 billion fund that invests in the global oil and gas sector outside North America. The Fund’s mandate includes exploration & production, mid-stream, downstream and oil field services. Credit Suisse, Lloyds and DNB have underwritten the all-senior rated loan financing the acquisition.

EnerMech provides a range of mechanical, electrical and instrumentation services to the global energy and infrastructure industries. With operations in Australia, the Americas, Europe, Middle East, Caspian, Africa and Asia, the business provides innovative integrated solutions that maximise efficiencies across multiple phases of the asset lifecycle from pre-commissioning, commissioning, maintenance and operations support, through to late life support.

The Kirkland team was led by London corporate partners Stuart Boyd (Picture), David Higgins and Mark Thompson and corporate associates Anne Stroude and Miroslav Tomo, and tax partners Timothy Lowe, Alan Walker and Mark Ingram and associate Sam Trowbridge.

Involved fees earner: Stuart Boyd – Kirkland & Ellis; David Higgins – Kirkland & Ellis; Mark Thompson – Kirkland & Ellis; Anne Stroude – Kirkland & Ellis; Miroslav Tomo – Kirkland & Ellis; Timothy Lowe – Kirkland & Ellis; Alan Walker – Kirkland & Ellis; Mark Ingram – Kirkland & Ellis; Sam Trowbridge – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Carlyle Group;