Kirkland Represents Commercial Metals on $550 Million Acquisition of Tensar Corporation
Kirkland & Ellis advised Commercial Metals Company (NYSE: CMC) on its acquisition of TAC Acquisition Corp. ("Tensar"), a portfolio company of Castle Harlan Inc.'s fund, Castle Harlan Partners V, L.P., and a leading global provider of engineered solutions for subgrade reinforcement and soil stabilization used in road, infrastructure and commercial construction projects, for $550 million. Commercial Metals and its subsidiaries manufacture, recycle and fabricate steel and metal products, related materials and services through a network in the US and Poland. The transaction is subject to customary closing conditions.
Read the Commercial Metals press release
The Kirkland team was led by corporate partners Rachael Coffey and Sarkis Jebejian and associate Steven Choi.