Ropes & Gray Advises HDT Global in Sale to Nexus Capital Management
Ropes & Gray advised HDT Global in a definitive agreement to be acquired by an affiliate of Nexus Capital Management from Charlesbank Capital Partners. The transaction was announced on May 18. Financial terms were not disclosed.
Primarily serving the U.S. military and its allies, HDT Global designs and manufacturers a range of highly engineered and integrated expeditionary products and solutions for extreme environments, including tactical shelters, environmental control units, chemical/biological/radiological/nuclear (CBRN) filtration and protection systems, heaters and power generators, military vehicles, perimeter protection systems and robotics.
The Ropes & Gray team was led by mergers & acquisitions partner Jane Goldstein and private equity associates PJ Sullivan and Brandon Winer (all of Boston) and included tax partner Ben Rogers (San Francisco), employment & benefits partners Jenny Rikoski and Doug Brayley, real estate partner Peter Alpert (all of Boston), and litigation & enforcement partner Colleen Conry (Washington, D.C.).