Madison Industries’ Indoor Air Quality Vertical’s Acquisition of Big Ass Fans

Cravath represented BAF in the transaction.

Lindsay Goldberg, a private investment firm, announced that funds managed by the firm have entered into a definitive agreement to sell Big Ass Fans (“BAF”), a pioneer of the high volume, low speed and connected fan categories, to Madison Industries’ Indoor Air Quality vertical.

Madison Industries is one of the largest and most successful privately held companies in the world. Madison builds entrepreneurially driven, branded market leaders that are committed to making the world safer, healthier and more productive by creating innovative solutions that deliver outstanding customer value. 

The Cravath team was led by partner Richard Hall (Picture) and included associates Jin-Kyu Baek, Somi A. Umolu, Monica He and Gene Choi on M&A matters; partner Tatiana Lapushchik and associate Jessica E. Sandor on financing matters; partner J. Leonard Teti II and associates Rebecca L. Fine and Luis Calderon-Gomez on tax matters; partner Margaret T. Segall, senior attorney Jesse M. Weiss and practice area attorney Megan Y. Lew on antitrust matters; partner David J. Kappos and associate Carys J. Webb on intellectual property matters; partners Jennifer S. Conway and Matthew J. Bobby, practice area attorney Aaron S. Cha and associates Anna Mikaelyan and Laura S. Lee on executive compensation and benefits matters; partner Matthew Morreale and senior attorney Annmarie M. Terraciano on environmental matters; and practice area attorney Brian M. Budnick on real estate matters.

Involved fees earner: Jin?Kyu Baek – Cravath Swaine & Moore; Matthew Bobby – Cravath Swaine & Moore; Brian Budnick – Cravath Swaine & Moore; Luis Calderon Gomez – Cravath Swaine & Moore; Aaron Cha – Cravath Swaine & Moore; Gene Choi – Cravath Swaine & Moore; Margaret Segall D’Amico – Cravath Swaine & Moore; Rebecca Fine – Cravath Swaine & Moore; Richard Hall – Cravath Swaine & Moore; Monica He – Cravath Swaine & Moore; David Kappos – Cravath Swaine & Moore; Tatiana Lapushchik – Cravath Swaine & Moore; Megan Lew – Cravath Swaine & Moore; Anna Mikaelyan – Cravath Swaine & Moore; Matthew Morreale – Cravath Swaine & Moore; Jessica Sandor – Cravath Swaine & Moore; Annmarie Terraciano – Cravath Swaine & Moore; J. Leonard Teti II – Cravath Swaine & Moore; Somi Umolu – Cravath Swaine & Moore; Carys Webb – Cravath Swaine & Moore; Jesse Weiss – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: Big Ass Fans;

Author: Martina Bellini