Ropes & Gray represented American Industrial Partners and its portfolio company, EnTrans, in the sale of EnTrans to TerraVest Industries Inc. EnTrans was sold for approximately $546 million plus the right to receive contingent post-closing earnout consideration of up to $46 million based on the future financial performance of EnTrans. The announcement was made in a March 17 press release.
EnTrans is a premier North American manufacturer of tank trailers and transportation solutions.
This team included Bob Rivollier and senior associate Beverly Cheng, tax partner Benjamin Rogers, executive compensation & employee benefits partner Allie Alperovich, employment partner Greg Demers, finance partner Stefanie Birkmann, IP transactions partner Jordan Altman, real estate partner Peter Alpert, and litigation & enforcement partners Ama Adams, Martin Crisp, Brendan Hanifin, and Emerson Siegle.
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