Allied Industrial Partners’ Acquisition of CAT Entertainment Services

Kirkland & Ellis counseled Allied Industrial Partners LLC (AIP) on the deal.

Allied Industrial Partners LLC (AIP), an industrial-focused middle market private equity firm, announced its decision to acquire CAT Entertainment Services, a market leading provider of specialty mobile power generation, power distribution, and temperature control services. The acquisition is a carve-out from Ring Power Corp., one of the largest U.S. Caterpillar dealers, which will retain a minority stake in the business. The company, which will be rebranded as CES Power, will be led by co-founder Greg Landa as CEO, supported by the existing leadership team. Financial terms of the transaction were not disclosed.

The Kirkland team was led by corporate partner Thomas Laughlin (Picture) and associates Tess Dennis and Parker Collins; investment funds partner Matt Nadworny and associates Linda Dahl and Katherine Chernova; debt finance partners Will Bos and Jordan Roberts and associates Michael Schlinkert and Christina Godard; and tax partner Steve Butler and associates Ryan Phelps and Courtney Loyack.

Involved fees earner: William Bos – Kirkland & Ellis; Stephen Butler – Kirkland & Ellis; Katherine Chernova – Kirkland & Ellis; Linda Dahl – Kirkland & Ellis; Tess Elizabeth Dennis – Kirkland & Ellis; Christina Godard – Kirkland & Ellis; Thomas Laughlin – Kirkland & Ellis; Courtney Loyack – Kirkland & Ellis; Matt Nadworny – Kirkland & Ellis; Ryan Phelps – Kirkland & Ellis; Jordan Roberts – Kirkland & Ellis; Michael Schlinkert – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Allied Industrial Partners;

Author: Martina Bellini