Paul, Weiss is representing KPS Capital Partners, LP in its sale of Houston-based IKG, a leading North American manufacturer of high-quality steel and aluminum bar grating, to Germany-based Meiser International GmbH and Dubai Transport Company LLC (Dutco). Financial terms of the deal were not disclosed.
The firm previously advised KPS on its 2020 acquisition of IKG in a complex carve-out transaction. KPS and IKG’s management team subsequently executed a successful growth strategy that transformed IKG into a diversified and growing platform.
The Paul, Weiss team is led, among others, by corporate partner Angelo Bonvino, and includes corporate partner Suhan Shim, and counsel Erika Detjen and Nathan Mitchell; tax partner Robert Killip; intellectual property partner Charles Googe; litigation partners Lynn Bayard, Aidan Synnott and John Carlin, and counsel Steven Herzog and Darren Johnson; executive compensation partner Andrea Wahlquist Brown and Lawrence Witdorchic, and counsel Lisa Krausz Eisenberg; real estate partner Peter Fisch; environmental counsel William O’Brien; international trade counsel Richard Elliott; and antitrust counsel Yuni Sobel.