In a powerful display of its multi-national, multi-disciplinary reach, international law firm Greenberg Traurig and its London office, Greenberg Traurig Maher, advised APR Energy Cayman Limited (“APR”) and its management shareholders in the sale of APR to Horizon Acquisition Company plc (Horizon). APR is one of the world’s largest providers of temporary power generation solutions.
According to Greenberg Traurig Chief Executive Officer, Richard A. Rosenbaum, “more than 10 attorneys in four Greenberg Traurig offices participated in the matter, covering a wide range of practice groups. The collaboration involved exemplifies not only the firm’s culture, but also the value our team can deliver to clients who increasingly require experience that cuts across geographic and legal practice boundaries. During the past five years, the firm’s Corporate and Securities team has been involved with some of the largest UK Cash Shell and US SPAC transactions in the world.”
Leading the US-based legal team was Corporate and Securities Shareholder Jennifer Westerlund from Greenberg Traurig’s Fort Lauderdale, Florida office, and Alan I. Annex, who co-heads Greenberg Traurig’s Corporate and Securities Group in its New York office. Leading the UK-based team was Shareholder Gary Cooper, together with London office Chair Paul Maher. Key Greenberg Traurig attorneys on the US and UK teams included Andrew Caunt, Jonathan Malkin, Harry Friedman, Justin Hamer, Naomi Feinstein, Sarah Moyles, Russell Marcus and Mindy Leathe.
“Changes in global economies have created opportunities and challenges involving large, complex, cross-border transactions. We have multi-disciplinary resources in multiple jurisdictions, providing clients with access to highly experienced individuals who work seamlessly together to deliver effective presentation and, as evidenced by this transaction, outstanding results,” said Gary Epstein, Chairman of Greenberg Traurig’s Global Corporate and Securities Practice.
“Our collaborative approach to client service has proven to be both effective and efficient in getting deals done. I am excited to be part of an international team that can work as one,” said Westerlund, who recently joined Greenberg Traurig’s Fort Lauderdale Corporate Practice Group. That group has been involved, along with the New York office and the Greenberg Traurig Maher teams, in some of the most significant UK Cash Shell and U.S. SPAC transactions done in the last few years, including the floating earlier this year of Justice Holdings Limited and Liberty Acquisition Corp.’s business combination with Grupo Prisa.
Based in Jacksonville, Florida, and founded by John Campion, CEO, and Laurence Anderson, COO, through the buy-out of Alstom’s power rental business in 2004, APR is the number 2 player in the rapidly growing global market for gas and diesel fired temporary power plants with operating assets around the globe. APR employs over 500 people directly or indirectly in 11 countries. It deploys and operates gas, diesel and dual fuel fired temporary power plants, typically contracted on one- to three-year terms, usually with extension options.
“This was a particularly interesting and fast-moving transaction where we demonstrated our team’s ability to be nimble and to respond quickly to client needs and provide a consistently high quality service across legal disciplines as well as borders. The deal itself is an important statement as to the role of energy solutions in the future global economy.” Maher said.
Comprised of 350 lawyers in more than 30 offices, Greenberg Traurig’s Corporate and Securities/M&A Practice provides advice and services to companies and entrepreneurs throughout the Americas, Europe, Asia, Africa and India.
