Cross-border teams at Paul, Weiss, Rifkind, Wharton & Garrison and Simpson Thacher & Bartlett are among the firms advising on the latest big private equity deal as Stonepeak snaps up an Italian infrastructure company from Carlyle.
U.S.-founded buyout firm Stonepeak announced on Monday that it had agreed to acquire the 150-year-old Italian infrastructure company Forgital for a reported €1.5 billion.
Both Simpson Thacher and Paul Weiss advised buyers Stonepeak.
Simpson Thacher put forward a cross-border duo made up of New York corporate partner Eli Hunt and London M&A partner Paul Foote to head up the M&A advice on the deal.
Paul Weiss also had a cross-border team providing legal advice on the financing side, led by a senior trio made up of European head of capital markets partner Matthew Merkle, and the two global co-chairs of finance and capital markets, Eric Wedel—who also heads up the firm's Los Angeles office—and Neel Sachdev, who also co-chairs the London office. All three joined from Kirkland & Ellis in 2023.
Hogan Lovells were also part of the roster of law firms advising Stonepeak, with the central deal team led by partners Ed Fishman and Mehtap Cevher Conti from the U.S, and counsels Malcolm Parry and Faraz Naqvi from the U.K. Local Italian firm Leggence also provided advice on the deal.
Full story from Habiba Cullen-Jafar: https://lnkd.in/eBJSHjR3
