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.
Maroon Group Acquires Lincoln Fine Ingredients
- Client News
- February 28, 2017
Paul, Weiss client Maroon Group, LLC, one of the fastest-growing specialty chemical distributors in North America, and a portfolio company of CI Capital, acquired Lincoln Fine Ingredients, Inc., a Rhode Island-based distributor of specialty chemicals. The management of Lincoln Fine Ingredients, Inc. will remain in place and continue to actively manage the business. Terms of the transaction were not disclosed. In connection with the acquisition, Maroon Group also amended and restated its existing credit facility with NXT Capital, LLC to, among others, increase the size of the facility and provide more flexibility under various covenants to reflect its continued growth since the original closing.
The Paul, Weiss team representing both Maroon Group and CI Capital included corporate partners Carl Reisner, Claudine Meredith-Goujon and Eric Goodison; tax partner Scott Sontag; real estate partner Peter Fisch; employee benefits counsel Jason Ertel; and environmental counsel William O’Brien.