Ropes & Gray Advises Park Square Capital on Acquisition by Portfolio Company Cleanova of Micronics

In The News
March 7, 2025

Ropes & Gray has advised leading private credit investor Park Square Capital in relation to the acquisition by its portfolio company Cleanova of Micronics Engineered Filtration Group (“Micronics”), a provider of advanced engineering filtration solutions.

This transformative industrial combination will create one of the largest independent industrial filtration businesses in the world, with an enterprise value of $1.3 billion. 

The Ropes & Gray team was led by private equity partner Dan Oates with support from associates Cormac McGrady and Josh Nicholson. Additional support was provided by asset management partner Eve Ellis, tax partners Chris Agnoli and Elaine Murphy, and associate Omar Asfar.