Morgan Stanley Infrastructure Partners’ Acquisition Of Seven Seas Water

White & Case and Rodrigo, Elías & Medrano advised Morgan Stanley Infrastructure Partners (MSIP) on the transaction. Goodwin Procter advised AquaVenture Holdings Limited and Muñiz, Olaya, Meléndez, Castro, Ono & Herrera advised Seven Seas Water Corporation

Morgan Stanley Infrastructure Partners (MSIP) executed the acquisition, through funds managed by MSIP, of Seven Seas Water, a leader in Water-as-a-Service solutions (WaaS®).

Seven Seas Water is a former operating segment of AquaVenture Holdings Limited, which was acquired by Culligan in a take- private transaction effective March 30, 2020.

Seven Seas Water operates desalination and other water treatment facilities across the Caribbean and in Peru, offering long-term water solutions to governmental, municipal, industrial and hospitality customers. Through its AUC Group division, the business also designs and installs wastewater treatment plants in the United States.

Morgan Stanley Infrastructure Partners is a leading global infrastructure investment platform. The team has a proven and disciplined approach to investing in infrastructure assets globally. MSIP recently announced US$5.5 billion raised for North Haven Infrastructure Partners III, its third global infrastructure fund.

The White & Case team that advised MSIP on this transaction was led by partner Dolly Mirchandani (Picture) in New York and included partners Chang-Do Gong, Hagai Zaifman, Henrik Patel, Victoria Rosamond, Armando Rivera, Steve Lutt, Seth Kerschner, Adam Chernichaw in New York; and partners Nicole Erb, Cristina Brayton-Lewis, Dan Levin and Rebecca Farrington in Washington, DC; Caroline Miller Smith and Caroline Sherrell in London, and Juan Manuel de Remedios in Madrid. The team was also supported by counsels Claire Watson and Elodie Gal in New York, Peter Chessick, Jeremy Kuester, and F. Paul Pittman in Washington, DC as well as associates, Suni Sreepada, Aaron Raffel, MK Houston, Emma Jakeman, Elle Davis, Laura Mulry, Aviv Lazar, Robin Heszkel, and Aditi Suresh in New York; Michael Rodgers and Danny Hatch in Houston; Mahir Maini in London, and Julio Peralta in Madrid.

In Perù, Rodrigo, Elías & Medrano Abogados advised Morgan Stanley Infraestructure Partners with Eduardo López Sandoval, Efraín Salazar, Ana Sofía Restrepo, Diana Milberg, Danielle Valle, Perla Sánchez and Fátima Benavides.

Goodwin Procter advised AquaVenture Holdings Limited with Mark H. Burnett, James Matarese, Blake Liggio, Milena Tantcheva, Daniel Karelitz, Christopher Stamos, Sarah Bock, Robert Hale, Richard Matheny, Paul Jin, Jacqueline Klosek, Jennifer Burns Luz, Nathan Brodeur, Cecelia Lockner, Kara Kuritz, Caitlin Tompkins, Kristen Armstrong, Kvehl McDermott, Mohammed Alvi, John Ilardo, Ashley Carlisle, Wiechi Liu, Benjamin Gossels, James Devendorf, Tony Guan, Christina Bitter, Matthew Wheatley, Andre Garron and Jessica Craig.

Muñiz, Olaya, Meléndez, Castro, Ono & Herrera Abogados advised Seven Seas Water Corporation with Jorge Otoya Cabrera, Mercedes Fernández Moscol, Alesandra Azcárate and Jessica Mercado.

Involved fees earner: Armando Rivera Jacobo – Debevoise & Plimpton; Mohammed Alvi – Goodwin Procter; Kristen Armstrong – Goodwin Procter; Christina Bitter – Goodwin Procter; Sarah Bock – Goodwin Procter; Nathan Brodeur – Goodwin Procter; Mark Burnett – Goodwin Procter; Jennifer Burns Luz – Goodwin Procter; Ashley Carlisle – Goodwin Procter; Jessica Craig – Goodwin Procter; James Devendorf – Goodwin Procter; Andre Garron – Goodwin Procter; Benjamin Gossels – Goodwin Procter; Tony Guan – Goodwin Procter; Robert Hale – Goodwin Procter; John Ilardo – Goodwin Procter; Paul Jin – Goodwin Procter; Daniel Karelitz – Goodwin Procter; Jacqueline Klosek – Goodwin Procter; Kara Kuritz – Goodwin Procter; Blake Liggio – Goodwin Procter; Wiechi Liu – Goodwin Procter; Cecelia Lockner – Goodwin Procter; James Matarese – Goodwin Procter; Richard Matheny III – Goodwin Procter; Kvehl McDermott – Goodwin Procter; Christopher Stamos – Goodwin Procter; Milena Tantcheva – Goodwin Procter; Caitlin Tompkins – Goodwin Procter; Matthew Wheatley – Goodwin Procter; Alesandra Azcárate – Muñiz, Olaya, Meléndez, Castro, Ono & Herrera; Mercedes Fernández Moscol – Muñiz, Olaya, Meléndez, Castro, Ono & Herrera; Jorge Otoya Cabrera – Muñiz, Olaya, Meléndez, Castro, Ono & Herrera; Fátima Benavides – Rodrigo, Elías & Medrano Abogados; Eduardo López – Rodrigo, Elías & Medrano Abogados; Diana Milberg – Rodrigo, Elías & Medrano Abogados; Ana Sofía Restrepo – Rodrigo, Elías & Medrano Abogados; Efraín Salazar – Rodrigo, Elías & Medrano Abogados; Perla Sánchez – Rodrigo, Elías & Medrano Abogados; Danielle Valle – Rodrigo, Elías & Medrano Abogados; Cristina Brayton-Lewis – White & Case; Adam Chernichaw – White & Case; Peter Chessick – White & Case; Elle Davis – White & Case; Juan Manuel de Remedios – White & Case; Nicole Erb – White & Case; Rebecca Farrington – White & Case; Elodie Gal – White & Case; Chang-Do Gong – White & Case; Danny Hatch – White & Case; Robin Heszkel – White & Case; MK Houston – White & Case; Emma Jakeman – White & Case; Seth Kerschner – White & Case; Jeremy Kuester – White & Case; Aviv Lazar – White & Case; Daniel Levin – White & Case; Steven Lutt – White & Case; Mahir Maini – White & Case; Caroline Miller Smith – White & Case; Dolly Mirchandani – White & Case; Laura Mulry – White & Case; Henrik Patel – White & Case; Julio Peralta – White & Case; Paul Pittman – White & Case; Aaron Raffel – White & Case; Michael Rodgers – White & Case; Victoria Rosamond – White & Case; Caroline Sherrell – White & Case; Suni Sreepada – White & Case; Aditi Suresh – White & Case; Claire Watson – White & Case; Hagai Zaifman – White & Case;

Law Firms: Debevoise & Plimpton; Goodwin Procter; Muñiz, Olaya, Meléndez, Castro, Ono & Herrera; Rodrigo, Elías & Medrano Abogados; White & Case;

Clients: AquaVenture Holdings Limited; Morgan Stanley Infrastructure Partners; Seven Seas Water Corporation;

Author: Ambrogio Visconti