Our Private Equity Group is considered the go-to practice for complex, bespoke and firm-defining transactions. With clients ranging from the world’s leading institutional asset managers to prominent middle-market private equity and growth equity firms, we offer comprehensive advice to general partners, limited partners, co-investors and other equity stakeholders, as well as portfolio companies, lenders and financial sponsor groups. The depth and continuity of our relationships across the industry gives us a nuanced understanding of each client’s objectives and allows us to provide seamless, efficient counsel across the investment lifecycle.
Lufkin Acquires Schlumberger's Rod Lift Business
- Client News
- November 2, 2020
Paul, Weiss advised Lufkin Industries, a portfolio company of KPS Capital Partners, LP, in its acquisition of the North American Land Rod Lift Business of Schlumberger N.V. Schlumberger's Rod Lift Business is a large provider of rod lift products and services across all major oil-producing onshore regions in North America. Terms of the transaction were not disclosed.
The Paul, Weiss team included, among others, corporate partners Angelo Bonvino and Robert Zochowski and counsel Bruce Gruder; litigation partners Aidan Synnott and Allan Arffa and counsel Peter Jaffe and Rachel Fiorill; employee benefits counsel Lisa Krausz Eisenberg, Reuven Falik and Uri Horowitz; intellectual property partner Charles Googe; tax partners David Mayo and Robert Holo; real estate partner Peter Fisch; antitrust counsel Marta Kelly; environmental counsel William O'Brien; and international trade counsel Richard Elliott.