The Pace Companies’ Strategic Partnership with Aterian Investment Partners

Stout Risius Ross Advisors, LLC and Akin Gump Strauss Hauer & Feld LLP advised the Seller on the transaction. Kirkland & Ellis LLP and PricewaterhouseCoopers LLP advised Aterian.

Aterian Investment Partners, a private investment firm, signed a strategic partnership with The Pace Companies.

Founded in 1968 and based in Brooklyn, New York, Pace is a leading provider of plumbing, HVAC/mechanical and fire protection services in the New York metropolitan area, serving the residential, commercial, hospitality, healthcare and governmental markets. Led by a highly experienced team, Pace differentiates itself through its premium contracting services, breadth of service offerings, and in-house design, engineering and drafting expertise, all of which the Company’s longstanding customers value. Pace specializes in both new construction and retrofit projects and has a rich history of working directly with New York’s largest general contractors on numerous marquee buildings (e.g., Statue of Liberty, JFK Airport, Durst VIA 57, Carnegie Hall, United Nation’s Secretariat Building, Google New York HQ, Rockefeller Center, World Trade Center 4 Building, etc.).

The Akin Gump team advising The Pace Companies included corporate partner David D’Urso (Picture), counsel Randall Dorf and associate Ross Karlik.

Involved fees earner: Randall Brett Dorf – Akin Gump; David D’Urso – Akin Gump; Ross Karlik – Akin Gump;

Law Firms: Akin Gump;

Clients: Pace Companies;

Author: Ambrogio Visconti