BCLP Advises Watlow in Sale to Tinicum
The international law firm Bryan Cave Leighton Paisner advised Watlow Electric Manufacturing Company in the sale of a controlling interest to Tinicum, L.P. and affiliated funds managed by Tinicum Incorporated.
Watlow, an industry leader in the design and manufacture of complete thermal systems, announced the deal closing March 2. Financial terms were not disclosed, although the Desloge family shareholders and management will continue to have a minority ownership in the nearly 100-year-old company.
Watlow was advised by a BCLP cross-practice deal team led by Partners Jay Nouss and John Welge, and Associates Nick Happe, Jordan Buchheit and Claire Mispagel. Substantial assistance was provided by Partner Stephen Daiker (trusts and estates), Partner Phil Wright (tax) and Partner Joe Robertson (real estate), among others.
This document provides a general summary and is for information/educational purposes only. It is not intended to be comprehensive, nor does it constitute legal advice. Specific legal advice should always be sought before taking or refraining from taking any action.