Bain Capital Acquires TI Automotive
Ropes & Gray represented global private investment firm Bain Capital in its planned acquisition of TI Automotive. Based in Auburn Hills, Mich., TI Automotive is a leading provider of fluid storage, carrying and delivery systems to automotive manufacturers. The signing of a definitive agreement was announced Jan. 27; financial terms were not disclosed.
The Ropes & Gray team included private equity partners Newcomb Stillwell (Boston) and Will Rosen (London) and finance partner Byung Choi (Boston).