Vinson & Elkins advised SCF Partners, Inc., an energy investment firm, in its investment in Westbrook Energy Group, a leading manufacturer of pressure control connection products for the downstream, natural gas distribution, LNG, upstream, and general industrial markets.
Vinson & Elkins advised an affiliate of Riverstone Holdings LLC as an investor in Infinitum’s $30 million additional growth capital round.
Vinson & Elkins announced today that Francisco J. Morales Barrón has joined the firm in its New York office as a partner in the Mergers & Acquisitions (M&A) and Private Equity practice group.
Vinson & Elkins advised Gravity, a growth-oriented water and power infrastructure company backed by affiliates of Clearlake Capital Group, L.P., in the sale of Tech Management, its production chemicals platform, to Coastal Chemical Co., L.L.C., a Brenntag Company.
Vinson & Elkins advised Outrigger Energy II LLC and Sterling Investment Holdings LLC in two transactions with Summit Midstream Holdings, LLC, a wholly owned subsidiary of Summit Midstream Partners, LP.
Vinson & Elkins represented a fund managed by the Infrastructure Opportunities strategy of Ares Management in its acquisition of a controlling interest in Atlas Crane Service, LLC, a full-service crane rental company that primarily serves the wind industry.
Vinson & Elkins advised a consortium of investors led by Swiss Life Asset Management AG, a Swiss asset manager with over 160 years’ experience and €266 billion in assets under management, and including EDF Invest, the investment arm of the French-based EDF Group, in the acquisition of a large minority interest in DataBank, a portfolio company of DigitalBridge Group, Inc.
Vinson & Elkins announced today that its Corporate and Tax departments collectively achieved 12 Band 1 practice rankings in Chambers USA 2022: Nationwide Energy: Oil & Gas (Transactional); Nationwide Projects: Oil & Gas; Nationwide Projects: Power & Renewables (Transactional); Texas Banking & Finance; Texas Bankruptcy/Restructuring; Texas Capital Markets: Debt & Equity; Texas Corporate/M&A: The Elite; Texas Tax; Texas Technology: Corporate & Commercial; Austin Corporate/M&A; and New York Bankruptcy/ Restructuring: Highly Regarded; New York Corporate/M&A: Takeover Defense.
Vinson & Elkins advised an affiliate of Riverstone Holdings LLC as lead investor in Infinitum Electric’s $80 million Series D funding. Infinitum Electric, creator of the sustainable, breakthrough air-core motor, will use the investment to vertically integrate and automate production of its motors for the commercial and industrial market segments, and complete development and commercialization of a traction motor for the rapidly growing electric vehicle market, where its exceptional breakthrough power density can significantly extend the range of electric vehicles.
Vinson & Elkins advised Quantum Energy Partners and its portfolio company, Trace Midstream (“Trace”), in the sale of Trace’s Haynesville gathering and processing assets to Williams for a purchase price of $950 million.
Vinson & Elkins advised Decarbonization Plus Acquisition Corporation III, a blank check company sponsored by an affiliate of Riverstone Holdings LLC, in a business combination with Solid Power, Inc., an industry-leading developer of all-solid-state battery cells for electric vehicles. The combined company’s common stock and warrants are expected to commence trading on the Nasdaq Global Select Market on December 9, 2021.
Vinson & Elkins advised Takkion TP&L Holdings LLC, a portfolio company of funds managed by affiliates of Apollo Global Management, Inc., in connection with its acquisition of San Angelo, TX-based Airway Services, LLC, from family office-backed private investment firms Northaven Capital Partners and Concentric Equity Partners.