Duravant in Strategic Partnership With Carlyle and Warburg Pincus
October 29, 2021
Cleary Gottlieb represented Duravant in a significant investment from funds led by global investment firm Carlyle and a continued partnership with Warburg Pincus, a leading global growth investor.
Cleary also advised long-time client Warburg Pincus on the transaction. Terms of the transaction were not disclosed. The transaction was announced on October 29, 2021.
Cleary counseled Warburg Pincus on its initial acquisition of Duravant in 2017, as well as on several follow-on transactions and, most recently, on its refinancing and dividend recapitalization.
Duravant is a global engineered equipment and automation solutions provider to the food processing, packaging, and material handling sectors.
For more information, please see the press release here.