Ropes & Gray Advises CCMP in Acquisition of Truck Hero
Ropes & Gray advised CCMP Capital Advisors, LP in its acquisition of a controlling interest in Truck Hero, a leading provider of highly functional aftermarket accessories for pickup trucks and Jeeps. Truck Hero’s current majority interest holder, TA Associates, as well as its chief executive officer and chief operating officer, will retain significant stakes in the company as part of the transaction. The acquisition was announced April 3 and is expected to close in the second quarter of 2017, subject to customary closing conditions. Terms of the deal were not disclosed.
The Ropes & Gray team was led by private equity partners David Blittner and Garrett Charon (both of New York) and included executive compensation & employee benefits partner Alexandra Alperovich (New York), tax partner Adam Greenwood (New York), labor & employment partner Megan Bisk (Boston), real estate partner David Djaha (New York), finance partner Jay Kim (New York), real estate & environmental partner Peter Alpert (Boston), patent strategy partner Edward Kelly (Boston), private equity associate Andrew Silver (New York), finance associate Ana Biloglav (New York), and corporate associates Julianne Rutiz and Lucy Corrigan (all of New York).