Ropes & Gray Represents American Industrial Partners and The Vertex Company in its Merger with Vectrus
Ropes & Gray represents American Industrial Partners and The Vertex Company in connection with the debt financing for a merger between Vertex and Vectrus, Inc. The transaction implies a value for Vertex of approximately $2.1 billion. The transaction was announced on March 7 in a press release.
The combined company will introduce a new name post-closing and will maintain its listing on the NYSE. The merger is expected to close in the third quarter of 2022.
The Ropes & Gray team that represented American Industrial Partners and The Vertex Company was led by leveraged finance partner Stefanie Birkmann, and included finance associates Scott Rolnik and Jeffrey Lang (both of New York).