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Finsbury Glover Hering handles private investment firm Kohlberg & Co. and its acquisition of Myers EPS, the leading manufacturer of backup emergency lighting systems.
Based in Bethlehem, PA, Myers serves healthcare facilities, data centers, government buildings and warehouses.
Kohlberg is acquiring Myers from Graham Partners.
Myers CEO John Daly, who will continue to lead the company, is eager to partner with Kohlberg “for our next phase of growth as we look to expand our capabilities and enhance our ability to meet our customers’ needs.”
Based in Mount Kisco, NY, Kohlberg has raised $12B in committed equity capital since it launched in 1987.
FGH, which is part of WPP, has Andrew Johnson and Sophia Templin working on the Myers deal.
Stagwell CEO Mark Penn reports Q3 net revenues jumped 6 percent to $614.5M, a record performance for a non-political period. Operating income soared 45.7 percent to $60.9M.
Joele Frank works for Klöckner Pentaplast as the German maker of plastic films declares Chapter 11. A successful reorganization would slash its its corporate debt by $1.5B.
Teneo represents Metsera, the New York City biotech focused on weight-control products, which is subject to a bidding war between heavyweights Novo Nordisk and Pfizer.
Haggie Partners is working the $7B takeover of the specialty insurer Convex by Canada’s Onex private equity fund and American International Group.
WPP reported Q3 revenues less pass-through costs tumbled 5.9 percent to $3.3B, a performance new CEO Cindy Rose called “unacceptable.”
