Ropes & Gray advised private equity firm AEA Investors and its portfolio company, Process Sensing Technologies (PST), in PST’s acquisition of Fluid Components International (FCI). Financial terms were not disclosed. The transaction closed on November 8th and was announced on November 13th.
PST is a leading provider of measurement and monitoring solutions for process-critical applications. FCI designs and manufactures thermal mass flow meters and switches for use across a broad range of industries including chemicals, water and wastewater, oil and gas, power, aerospace, nuclear power, among others.
The Ropes & Gray team was led by private equity partner Todd B. Kornreich and private equity associate Kim Ton-That, and included private equity partner Dan Oates, employment & benefits partners Allie Alperovich and Stephanie Bruce, IP transactions partner Jordan Altman, litigation & enforcement partner Ama Adams, tax partner Alyssa Kollmeyer, real estate investment & transactions partner Peter Alpert, litigation & enforcement counsel Steve Kaye and Emerson Siegle, data, privacy & cybersecurity counsel Kevin Angle, and IP transactions counsel Joshua Jackson.
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