Posted on:Weil in the News
Weil is advising American Securities LLC in its pending $1.37 billion take-private of Foundation Building Materials, Inc., one of the largest specialty building products distributors of wallboard, suspended ceiling systems, metal framing and complementary and other products in North America. The transaction is expected to close in the first quarter of 2021, subject to customary closing conditions.
The Weil team advising American Securities is led by Mergers & Acquisitions partner Michael Lubowitz and includes Mergers & Acquisitions associates Kevin Kitson and Daniel Sotsky. The team also includes Tax partner Mark Schwed; Tax associate Maria Smith (Not Yet Admitted in New York); Executive Compensation & Benefits Head Paul Wessel; Executive Compensation & Benefits associate Amanda Rosenblum; Banking & Finance partner Andrew Colao; Banking & Finance counsel Young Lee; Banking & Finance associates Jacqueline Oveissi and Kelsey Watkins (Not Yet Admitted in New York); Technology & IP Transactions partner Jeffrey Osterman; Technology & IP Transactions associates Alexa Chu Clinton, Meggin Bednarczyk and Eliza Cotter; Real Estate partner David Herman; Real Estate associates Yelena Nersesyan and Lauren Burgos (Not Yet Admitted in New York); Environmental Head Annemargaret Connolly; Environmental associate J. Caleb Anderson; Antitrust counsel Vadim Brusser; Antitrust associate Marie-Marie de Fays; Employment Litigation partner Nicholas Pappas; and Employment Litigation associate Omar Abdel-Hamid (Not Yet Admitted in New York).