Ropes & Gray Advises AEA Investors on LoneStar Sale

In The News
March 13, 2023

Ropes & Gray has advised leading global private equity firm AEA Investors – a new client for the firm – on its sale of LoneStar to Epiris, a private equity firm.

LoneStar is a UK-headquartered global manufacturer and supplier of high performance fastener, sealing and precision engineered components to the world's energy markets. AEA Investors acquired LoneStar in 2010 and, through its ownership, diversified its end market exposure, entered new geographies and product segments, including the expansion into renewables. Epiris will support the next stage of the company’s growth journey, as it looks to accelerate LoneStar’s strategy to support the energy transition and other key growth markets.

The Ropes & Gray team was led by private equity transactions partners Dan Oates and Angela Becker with associates Ciara Stratford, Lucy Taylor, Nick Tallon and Rouzana Kasem. Other members of the team included tax partners Chris Agnoli and David Saltzman and associate Brandon Dunn, antitrust associate Anna Pugh, and trainees Mac Chung, Charlotte Hoggarth and Yasmin Anwar.