Ropes & Gray Advises Harvest Partners in Acquisition of Lazer Spot Inc.
Ropes & Gray advised Harvest Partners in connection with its acquisition of Lazer Spot from Greenbriar Equity Group. Financial terms weren’t disclosed. The deal was announced on Dec. 9, 2019. The press release is here.
Lazer Spot is the only national provider of spotting services (rapid and precise movement of empty and full trailers at its customers' distribution centers and manufacturing facilities) and shuttling (on-demand movement of empty or full trailers between customers' sites, distribution facilities, third party rail yards and shipping ports).
Harvest Partners is a leading New York-based private equity investment firm that focuses on investments in middle-market companies in the business services & consumer, healthcare, industrial services and manufacturing & distribution sectors.
The Ropes & Gray team that advised Harvest Partners was led by private equity partners Carolyn Vardi and Scott Abramowitz (both of New York), as well as finance partner Michael Lee (Boston), benefits partner Adam Stella (Washington D.C.), strategic transactions partner Violetta Kokolus, tax partner Adam Greenwood (both of New York), and real estate partner Peter Alpert (Boston).