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.
KPS Sells Howden to Chart Industries in $4.4 Billion Deal
- Client News
- March 17, 2023
Paul, Weiss advised affiliates of KPS Capital Partners in their $4.4 billion sale of Howden, a leading global provider of mission critical air and gas handling products and services, to Chart Industries, Inc., a global leader in engineering and manufacturing of process technology and equipment for industrial gas, specialty and energy transition markets. The all-cash transaction, completed on March 17, marks KPS’s largest exit to date.
The Paul, Weiss team included, among others, corporate partners Angelo Bonvino, Michael Vogel, Manuel Frey, Aaron Schlaphoff and John Kennedy, and counsel David Sobel, David Epstein and Jason Tyler; tax partners Robert Killip and David Mayo; executive compensation partners Jarrett Hoffman and Jean McLoughlin; intellectual property partner Charles Googe; litigation partners Aidan Synnott and Jessica Carey; and antitrust counsel Yuni Sobel.