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Our Private Equity Group provides trusted counsel derived from deep industry knowledge to established as well as up-and-coming private equity firms. We represent firms of every size across the spectrum of investment strategies, and we build long-standing relationships with our clients. As active participants in the private equity industry, we are able to advise our clients on the latest innovations, as well as current market practices and trends.

Lufkin Acquires Schlumberger's Rod Lift Business

Paul, Weiss advised Lufkin Industries, a portfolio company of KPS Capital Partners, LP, in its acquisition of the North American Land Rod Lift Business of Schlumberger N.V. Schlumberger's Rod Lift Business is a large provider of rod lift products and services across all major oil-producing onshore regions in North America. Terms of the transaction were not disclosed.

The Paul, Weiss team included corporate partners Angelo Bonvino and Robert Zochowski and counsel Bruce Gruder; litigation partners Aidan Synnott and Allan Arffa and counsel Peter Jaffe and Rachel Fiorill; employee benefits partner Andrew Gaines and counsel Lisa Krausz Eisenberg, Reuven Falik and Uri Horowitz; intellectual property partner Charles Googe; tax partners David Mayo and Robert Holo; real estate partner Peter Fisch; antitrust counsel Marta Kelly; environmental counsel William O'Brien; and international trade counsel Richard Elliott.

November 2, 2020

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