Latham & Watkins Advises Ara Partners in Acquisition of Majority Stake in Microtec
Ara Partners, a global investment firm focused on the decarbonization of the industrial economy, has announced its acquisition of Microtec Development & Holdings LLC (Microtec), an innovator in advanced micronization technology. Microtec’s cutting-edge platform enables highly precise processing of a wide range of industrial materials, with its first commercial application, AggrePlex, centered on the transformation of waste glass into ground glass pozzolan for concrete.
Latham & Watkins LLP represents Ara Partners in the transaction with a corporate deal team led by partners Scott Craig and Justin T. Stolte, and associate John Daywalt, with assistance from associates Stacey Hall, David Lee, and Dylan Brown. Advice was also provided on corporate matters by partner Alexander Stefan Rieger, with associates Julia Schöfer and Manuel Schmutzler; on tax matters by partners Stefan Süss and Christine Mainguy, with associates Andrea Herman and Johannes Lieb; on executive compensation and benefits mattes by counsels Krisa Benskin and Florian Dehmel, with associate Jenny Bobbitt; and on intellectual property matters by partner Susan Kempe-Mueller, with associates Andrew Abokhair, Johannes Huschka, and Saul Aguirre-Villarreal.