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.
Stonepeak Acquires Fleet Companies
- Client News
- November 18, 2024
Paul, Weiss advised Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, in its acquisition of Fleet Companies, a Tennessee-based regional trailer dealership and leasing company. Fleet will serve as the seed asset for a multifaceted national trailer platform that Stonepeak plans to build out through additional acquisitions and greenfield operations across the U.S. Financial terms of the transaction were not disclosed.
The Paul, Weiss team was led by corporate partners Eric Wedel, Ben Steadman and Caroline Epstein, and included tax partner Robert Holo and counsel Samir Kurani and Patrick Fasoro; intellectual property partner Jonathan Ashtor; real estate partner Peter Fisch; litigation partners John Carlin and Nicole Succar; executive compensation counsel Jake Glazeski; and environmental counsel William O’Brien.