Ropes & Gray Represents Gauge Capital in its Partnership and Recapitalization of irth Solutions
Ropes & Gray represented Gauge Capital in connection with its partnership with the owners and management team of irth Solutions to recapitalize the company. irth Solutions is a leading provider of 811 ticket management and field service management software that assists companies in the energy, utilities, and telecommunications sectors to protect critical underground assets and enhance worker safety. Irth helps its customers improve safety and compliance and increase efficiency through its outsourced software solution. The transaction was announced on May 31.
The Ropes & Gray team was led by private equity transactions partner Matthew Richards (Chicago) and included tax partners Pam Glazier and Kathleen Gregor (both of Boston), IP transactions partner Ed Black (Boston), finance partner Alexander Zeltser (New York), labor & employment partner Douglas Brayley (Boston) and asset management partner Debra Lussier (Boston).