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Wellspring Portfolio Company Completes Purchase of API Heat Transfer
- Client News
- May 5, 2012
Paul, Weiss advised Heat Transfer Holdings, LLC, a Wellspring Capital portfolio company, in its acquisition of API Heat Transfer, a global leader in the design and manufacture of a wide range of heat transfer technologies.
In January 2012, Paul, Weiss advised Wellspring in its acquisition of ThermaSys Corporation, also a subsidiary of Heat Transfer and a leading manufacturer of a wide range of heat exchangers and heat exchange equipment. ThermaSys and API Heat Transfer will operate independently, but will collaborate to serve their markets with a broader product offering, enhanced product technology and customer service, and greater global reach. Financial terms of the transaction, announced on April 5, were not disclosed.
The Paul, Weiss team advising Wellspring includes corporate counsel Sarah Mudho, environmental counsel William J. O'Brien; antitrust counsel Didier Malaquin. Partners Angelo Bonvino, David W. Brown, Brad J. Finkelstein, Peter E. Fisch, Charles H. Googe Jr., David K. Lakhdhir, Brad R. Okun, James H. Schwab and Lawrence I. Witdorchic also lent a hand.