Weil Advises Genstar Capital in its $910M Sale of the Global Marine and Mobile Business of Power Products Holdings LLC to Brunswick Corporation

Weil is advising Genstar Capital, a San Francisco-based middle-market private equity firm focused on investments in targeted segments of the industrial technology, software, healthcare, and financial services industries, in its pending $910 million sale of the Global Marine and Mobile Business of Power Products Holdings LLC to Brunswick Corporation. The Electrical Construction & Maintenance (ECM) business is excluded from the sale and upon completion of the transaction, Genstar will continue to own the ECM business, which consists of a portfolio of leading brands serving the electrical maintenance and repair, lighting and irrigation markets. The transaction is subject to customary closing conditions as well as regulatory review and approval, which is anticipated during the third quarter of 2018.

The Weil team advising Genstar is led by Corporate partner Craig Adas and includes Corporate associates Alex Purtill, Maria Lei, Kymberly Thoumaked and Nathaniel Moore; Banking & Finance partner Gabriel Gregson; Technology & IP Transactions partner Karen Ballack; Tax partner Mark Schwed; Executive Compensation & Benefits Co-Chair Paul Wessel and partner Michael Nissan; Environmental Head Annemargaret Connolly; Environmental counsel Matthew Morton; Antitrust/Competition counsel Vadim Brusser; Banking & Finance associate Anna McEwen (Not Yet Admitted in New York); Technology & IP Transactions associates Marisa Geiger and Luis Gonzalez; Tax associate Irene Kim; Executive Compensation & Benefits associate Jennifer Britz; and Antitrust/Competition associate Jonathan Cheng.