Weil Advises PX3 Partners in Cleanova’s Definitive Agreement to Acquire Micronics

Weil is advising PX3 Partners and its portfolio company Cleanova, a global clean-tech manufacturer of consumable, mission-critical, and engineered industrial filtration systems, in Cleanova’s acquisition of Micronics Engineered Filtration Group, a global clean-tech manufacturer of filter media, industrial filtration systems, and a provider of a broad range of expert field services. This combination will create one of the largest independent industrial filtration businesses in the world, with an enterprise value of $1.3 billion. The transaction is expected to complete in the second quarter of 2025.

The Weil cross-border team is led by Private Equity partners Gareth Clark and Lewis Blakey and includes M&A counsel Barrett Schitka; Private Equity associates Max Arundel, Ronan Craig, Ali Habhab, Christian Lobello, Arisa Manawapat, Luisa Perez and Priya Bajwa (Not Yet Admitted in New York); Private Funds partner James Bromley, counsel Nick Roxburgh and associate Bernard Mustafa; Banking & Finance partners Andrew Yoon and Chris McLaughlin and associates Kaitlin Bond and Julia Pjevach; Tax partner Jason Vollbracht and associate Josh Schonfeld; Executive Compensation & Benefits partner Aimee Adler and associates Rebekah French and Rustin Armknecht (Not Yet Admitted in New York); Antitrust partner Neil Rigby and counsel Nicholas Barnabo and Carla Hine; Employment partner Rebecca Sivitz and associate Paige Mickel; Real Estate attorney Leslie Smith and associates Caroline Adnams and Lucas Kilravey; Environmental partner Matthew Morton and associate Graham McHenry; U.S. Privacy & Cybersecurity Head Olivia Greer; Technology & IP Transactions partner Dennis Adams and associates Adeline Park and Taylor Peterson; and Regulatory Transactions partners John O’Loughlin and Timothy Welch and associates Christina Carone and Francisco Vélez.