Foley Advises on Sale of LPW Group

Foley & Lardner LLP served as legal advisor to Wynnchurch Capital, L.P. and its partners in connection with the sale of LPW Group Holdings, Inc. to funds managed by Oaktree Capital Management, L.P.

Headquartered in Houston, Texas, LPW Group is a leading designer and manufacturer of specialty valves, actuators, fittings, flanges, and other flow control products that serve mission critical applications across chemical, petrochemical, LNG, refining, renewable, naval, pulp & paper, and other industrial markets. LPW Group goes to market under leading brands such as Ladish Valves, Penn Machine, and Western Forge & Flange, and has established itself as the industry leader for quick lead times, engineered solutions, comprehensive manufacturing capabilities, and high-quality products.

Wynnchurch Capital is a leading middle-market private equity investment firm. The firm’s strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch manages a number of private equity funds with $5.7 billion of regulatory assets under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs, and restructurings.

The Foley M&A team was led by partners Gjina Lucaj and Omar Lucia along with associates Annemarie Heitz, Ryan McNulty, and Zachary Ulewicz.