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Nutter Represents CIRCOR in Acquisition of Critical Flow Solutions
Print PDFNutter represented CIRCOR International, Inc. (NYSE: CIR), a leading provider of valves and other highly engineered products for markets including oil & gas, power generation and aerospace & defense, when CIRCOR announced that it has signed a definitive agreement to acquire Critical Flow Solutions (CFS) for $210 million. The Nutter team was led by Business Department partner Adam Ghander with associate Meghan Kelly. Also working on the transaction were Labor and Employment partner David Rubin, Tax partner Elizabeth Norman, Antitrust partner Matt Ritchie, Environmental specialist Gary Gill-Austern, Executive Compensation and Benefits specialist Crescent Moran Chasteen, Real Estate associate Jeff Vigliotti, and Intellectual Property associates Derek Roller and Santiago Velez.
Based in Utah, CFS manufactures critical severe-service equipment for refining operations. The transaction is expected to provide CIRCOR with differentiated technology and leading positions in niche markets with high barriers to entry, broaden CIRCOR’s revenue base by expanding its presence in the stable downstream refining end market, and provide earnings accretion with strong margins. Please click for more information on the deal.
Nutter’s Mergers and Acquisitions Practice Group represents domestic and international corporations, publicly-traded and privately-held companies, private equity firms, non-profit institutions and family-owned businesses in a wide variety of domestic and cross-border transactions. The firm’s attorneys handle significant transactions in every major industry sector, including manufacturing, high technology, life sciences, banking, insurance, professional services, real estate, energy, chemicals, medical devices, and health care. Nutter advises clients on the full range of M&A and private equity transactions, including mergers, asset sales, stock purchases, leveraged buyouts, roll-ups, joint ventures, PIPEs, going private transactions, exchanges of securities, friendly and hostile tender offers, proxy contests, and acquisitions of corporate subsidiaries and divisions.
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Nutter is a top-tier, Boston-based law firm that provides legal counsel to industry-leading companies, early stage entrepreneurs, institutions, foundations, and families, across the country and around the world. The firm’s lawyers are known for their client-centric approach and extensive experience in business and finance, intellectual property, litigation, real estate and land use, labor and employment, tax, and trusts and estates. Co-founded in 1879 by Louis D. Brandeis, who later became a renowned justice of the U.S. Supreme Court, Nutter is dedicated to helping companies prosper in today’s fast-paced business environment. For more information, please visit www.nutter.com and follow us on Twitter at @nutterlaw.