Latham Represents Neuberger Private Markets in Investment in Flow Control

Flow Control Group, a leading North American network of technical flow control and industrial automation distributors and solutions providers, has announced that KKR, the company’s existing investor, and Neuberger Private Markets have agreed to jointly acquire the company. As part of the transaction, funds managed by KKR will maintain majority ownership of FCG, with Neuberger holding a significant minority interest in the company.

Latham & Watkins LLP represented Neuberger Private Markets in the transaction with a team led by Stelios Saffos, Global Chair of Latham’s Capital Markets and Hybrid Capital Practices, Peter Sluka, Global Co‑Chair of Latham’s Hybrid Capital Practice, and partners Andrew Blumenthal and Jordan Miller, with associates Ariel Gershoig, Amrita Mohan, and Amara Banks. Advice was also provided on employee benefits and compensation matters by partner Julie Crisp and counsel Daniel Bop, with associate Erica Shin; on intellectual property matters by partner Jeffrey Tochner, with associates Amy Tosi and Karen Lee; on government contracts matters by partner Kyle Jefcoat, with associate Megan Rohn; on data privacy and cybersecurity matters by counsel Jennifer Howes, with associate Austin Anderson; on labor and employment matters by partner Sandra Benjamin, with associates Alexis Grinstead and Alexis Pinzon; on tax matters by partner Pardis Zomorodi, with associate Valerie Silva Parra; on antitrust matters by partners Patrick English, Jana Dammann de Chapto, and Hector Armengod; on environmental matters by partner Joshua Marnitz, with associate Brandon Kerns; and on compliance matters by partner Joshua Hamilton.