Paul Hastings Advises May River Capital on Global Pump Solutions Acquisition
Deal News | Apr 02, 2025 | Paul Hastings
Paul Hastings LLP, a prominent law firm, has successfully advised May River Capital, a private equity firm based in Chicago, on the acquisition of the Global Pump Solutions business from CECO Environmental Corp. May River Capital focuses on growth opportunities in the lower-middle-market industrial sector. The acquisition includes renowned brands such as Dean, Fybroc, and Sethco, which will be brought together under the newly established Tusk Industrial, a portfolio company of May River. The legal team from Paul Hastings was led by co-chair of the global Private Equity practice, Brian Richards, alongside counsel Sam Domjen, and included several partners, senior counsel, and associates, displaying the firm’s comprehensive expertise and engagement in high-stakes global transactions. Paul Hastings is recognized for its broad array of legal practices and its commitment to delivering excellence to major investment banks and asset managers worldwide.
Sectors
- Private Equity
- Industrial Machinery
Geography
- United States – May River Capital is based in Chicago, and the transaction involves US-based companies, indicating a primary focus on the United States market.
Industry
- Private Equity – The article discusses May River Capital, a private equity firm, and its acquisition of a business in the industrial sector.
- Industrial Machinery – The acquisition involves Global Pump Solutions, which operates in the industrial machinery sector, emphasizing its relevance to this industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Paul Hastings LLP | Legal Advisor | Company | A leading law firm providing legal services and advice on the acquisition. |
| May River Capital | Buyer | Company | A private equity firm focused on lower-middle-market industrial growth companies. |
| CECO Environmental Corp. | Seller | Company | The former owner of the Global Pump Solutions business being acquired. |
| Tusk Industrial | Target Company | Company | A newly formed portfolio company under May River Capital. |
| Brian Richards | Legal Advisor | Person | Co-chair of the global Private Equity practice at Paul Hastings, leading the advisory team. |
| Sam Domjen | Legal Advisor | Person | Of counsel at Paul Hastings, involved in the transaction. |