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.
Oak Hill Capital Partners to Sell Primus International to Precision Castparts
On Friday, July 8, our client Oak Hill Capital Partners signed an agreement to sell its portfolio company Primus International Holding Company to Precision Castparts Corp. for $900 million. Primus International is a leading supplier of highly engineered metallic and composite parts, kits and assemblies to the global aerospace industry. The transaction is expected to close in the third quarter of 2011.
The Paul, Weiss team included corporate partner Tarun M. Stewart; tax partner David R. Sicular and counsel Alyssa F. Wolpin; employee benefits partner Robert C. Fleder and counsel Maureen A. Riley; real estate partner Mitchell L. Berg; environmental counsel William J. O'Brien; and intellectual property partner Charles H. Googe Jr.