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Abernathy MacGregor handles investment firm New Mountain Capital’s $1.1B cash deal to acquire Aegion Corp, the St. Louis-based company that protects and upgrades critical drinking water, wastewater and energy assets.
Effective May 18, Aegion became a private company that will no longer trade on the Nasdaq.
CEO Rob Tullman said the NMC deal is the first step in advancing Aegion’s position as a protector of communities and the environment.
He looks forward to leveraging Aegion’s “differentiated portfolio of technologies and delivering transformational solutions to maintain, rehabilitate and protect critical infrastructure around the world.”
The company posted $181M in Q1 revenues and net income of $1.4M.
Abernathy MacGregor's Dana Gorman handles NMC, which has more than $30B in assets under management and is based in New York.
The strategic communications shop is part of France-based Havas Group’s AMO network.
Prosek Partners represents Nuveen as it acquires London-based Schroders, which relies on Brunswick Group for PR counsel, in a $13.5B deal.
Qualcomm has recruited Brett Simpson for the senior VP-IR slot at the San Diego-based wireless technology company.
Reevemark handles Eddie Bauer LLC as the retailer inks a Chapter 11 restructuring pact that has it conducting liquidation sales at its US and Canadian stores while working to find a buyer for either all of or part of the chain.
Prosek Partners hires FTI Consulting vet David Roady to build and deepen its relationships in the corporate sector, particularly with chief communications officers and C-suite executives.
Kekst CNC handles Crestview Partners as the private equity firm acquires Tailwind Hospitality, operator of food, beverage and retail concessions in non-hub and regional airports, from Palladin Consumer Retail Partners.
