A team from Katten represented private equity firm Shorehill Capital in the sale of Power Grid Components to Blackstone Energy Transition Partners, a private equity fund affiliated with Blackstone. Power Grid serves electric utilities, original equipment manufacturers and other customers with mission-critical products used on the US electric utility grid.
Leading the team in the sale was Kimberly Smith, partner and global chair of Katten's Corporate Department and Corporate partner Wade Glover. Also working to close the deal were Corporate associates Eric Emerson and Jennifer Vliet; Employment partner Michelle Gyves, Employee Benefits and Executive Compensation partner Andrew R. Skowronski and associate Neal Patel; Intellectual Property partner Sean Wooden and associate Yaesul Park; Transactional Tax Planning partner Todd Hatcher and James Blasland; and Environmental partner Nancy Rich.
"Shorehill Capital LLC Sells Power Grid Components, Inc.," Shorehill Capital, December 5, 2023
"Blackstone snaps up Power Grid Components Inc," PE Hub, December 5, 2023