Ropes & Gray Represents American Industrial Partners Capital Fund VIII on Closing Take-Private of Boart Longyear Group

Ropes & Gray served as U.S. legal advisor for affiliates of American Industrial Partners Capital Fund VIII in its acquisition of publicly-listed global drilling services leader Boart Longyear Group Ltd. (ASX:BLY). The completion of the take-private transaction was announced in an April 10 press release.

Headquartered in Salt Lake City, Utah, Boart Longyear is a leading global provider of drilling services and equipment. The company’s focus on mining and exploration spans a range of commodities includes copper, gold, nickel, zinc, uranium, and other metals and minerals. The company is also involved in the oil sands exploration and environmental sectors.

The Ropes & Gray team was led by private equity transactions partner Todd B. Kornreich and private equity associate Curt Ostosh, and included executive compensation and benefits partner Allie Alperovich, labor and employment partner Richard Kidd, debt finance partners Stefanie Birkmann and Scott Rolnik, tax partner David Saltzman and tax counsel Michael Mendel, litigation and enforcement partner Sean Seelinger, and capital markets partner Michael Littenberg.