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Kekst CNC handles Decarbonization Plus Acquisition, a blank check company sponsored by Riverstone Holdings, which has inked a merger with Hyzon Motors in a deal worth more than $2B.
Rochester, NY-based Hyzon, a maker of hydrogen fuel cells to power commercial vehicles, is expected to be traded on the NASDAQ as a pure-play independent mobility company.
Richard Tichio, DCRB chair and Riverstone partner said the deal expands Riverstone’s 15-year franchise in low-carbon investments.
He said Hyzon is “a truly exceptional company that is decarbonizing the global economy, disrupting an established industry with the commercialization of innovative technologies and is well aligned with ESG principles.”
The Kekst CNC has Daniel Yunger, Brinton Williams, Hallie Wolff, Emma Cloyd, Jon Morgan and Jeffrey Taufield advising Riverstone and its SPAC.
Hyzon uses Hill+Knowlton Strategies for media work and ICR Inc. for outreach to the investment community.
Longacre Square Partners represents Ancora Holdings as it urges the board of Big Yellow Group to conduct a strategic review of the UK’s No. 1 self-storage company.
Kekst CNC handles Getty Images as it begins a prepackaged Chapter 11 reorganization and receives a commitment from Koch Equity Development and the Getty family to invest $533M in the visual content company.
As capital concentrates among established firms, emerging managers must find new ways to earn investor confidence.
Teneo handles True Food Kitchen as the Scottsdale, AZ-based wellness food restaurant chain that counts Oprah Winfrey as a minority investor files for Chapter 11.
FGS Global and Teneo represent Canada’s billionaire Weston family as its Wittington Investments holding company acquires Boots Group, the 177-year-old UK health & beauty retailer, from Sycamore Partners for $8.9B.
