Troutman Pepper Hamilton Sanders LLP advised Quikrete Holdings, Inc. on the deal, while Shearman & Sterling advised Citi as financial advisor to Forterra.
Quikrete Holdings, Inc. recently announced its entry into an agreement to acquire Forterra, Inc., a publicly held leading manufacturer of water and drainage infrastructure pipe and products in the United States and Eastern Canada. The transaction is valued at $2.74 billion, including outstanding debt.
Quikrete, a leading buildings materials company based in Atlanta, services new construction and repair and remodeling projects for residential, commercial and infrastructure markets in the U.S. and Canada. It also produces the iconic Quikrete-branded concrete and mortar mixes used for various construction projects.
A team of Troutman Pepper attorneys, including Partners David Ghegan and Steven Khadavi (Picture), and Associates Wallace Bao and Cagatay “Ty” Akkoyun are serving as legal counsel for the transaction.
Shearman & Sterling advised Citi as financial advisor to Forterra with a team led by partner John Marzulli and associate Maroun El Hachem.
Involved fees earner: Maroun El Hachem – Shearman & Sterling; John Marzulli – Shearman & Sterling; Cagatay Akkoyun – Troutman Pepper Hamilton Sanders LLP; Wallace Bao – Troutman Pepper Hamilton Sanders LLP; David Ghegan – Troutman Pepper Hamilton Sanders LLP; Steven Khadavi – Troutman Pepper Hamilton Sanders LLP;