Paul Hastings, a leading global law firm, announced today that the firm represented private equity firm TDR Capital and its portfolio company Algeco Scotsman, a global business services company focused on modular space and secure storage solutions, in the acquisition of Target Logistics Management, LLC, a leading provider of full-service remote workforce accommodation solutions in the United States.
The total consideration for the transaction is up to approximately $625 million based on Target’s financial projections with approximately $350 million deferred and linked to Target’s expected performance over multiple years. The transaction closed on Feb 15, 2013.
Corporate partner William Schwitter and associate Robert Clarke led the Paul Hastings team, which also included associate Mark Nylen.
