Dykema has advised Atar Capital, a Los Angeles-based, global private equity firm in its acquisition of Furmanite Inspection Services, a division of Team, Inc., and one of the leading independent inspection and integrity services companies in North America
The carve-out acquisition is a first and significant one for Atar Capital, which launched just six months ago. Based in Tulsa, Oklahoma, Furmanite serves as an independent, outsourced provider of inspection and integrity services for all disciplines of midstream pipeline, pipeline stations, terminals, power plants, tank storage farms and other energy related fields. Going forward, Furmanite will be rebranded as “Frontier Integrity Solutions.”
Tom Cleary (Picture) and Alexis Schostak led the Dykema team assisting Atar Capital with the transaction. The team also included Jeff Goldman, Margaret Adams Hunter, Jeanne Whalen, Jason Grinnell, Summer Greathouse and Andrea Todorovic.
Involved fees earner: Thomas Cleary – Dykema Gossett ; Alexis Schostak – Dykema Gossett ; Jeffrey Goldman – Dykema Gossett ; Margaret Adams Hunter – Dykema Gossett ; Jeanne Whalen – Dykema Gossett ; Jason Grinnell – Dykema Gossett ; Summer Bruington Greathouse – Dykema Gossett ;
Law Firms: Dykema Gossett ;
Clients: Atar Capital;