Simpson Thacher represented Blackstone in the transaction.
Blackstone closed its agreement to acquire Desotec, a leading European environmental service company that primarily provides mobile filters through its closed-loop “Filtration-as-a-Service” rental solution, from EQT. Desotec’s fleet of approximately 2,700 mobile filters is the largest of its kind in Europe and it serves a broad range of industrial applications, including air emission, biogas, remediation, wastewater and chemicals.
Blackstone is one of the world’s leading investment firms. The company has $619 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis.
The Simpson Thacher team advising Blackstone included Ben Spiers (Picture) and Lloyd Wood (Corporate); Yash Rupal and Ellie Verran (Tax); Etienne Renaudeau and Pauline Patat (Antitrust); and Antti Pesonen and Sinead O’Shea (Credit).
Involved fees earner: Sinead O’Shea – Simpson Thacher & Bartlett; Pauline Patat – Simpson Thacher & Bartlett; Antti Pesonen – Simpson Thacher & Bartlett; Étienne Renaudeau – Simpson Thacher & Bartlett; Yash Rupal – Simpson Thacher & Bartlett; Ben Spiers – Simpson Thacher & Bartlett; Ellie Verran – Simpson Thacher & Bartlett; Lloyd Wood – Simpson Thacher & Bartlett;
Law Firms: Simpson Thacher & Bartlett;