MoginRubin LLP assisted private equity firm Bertram Capital Management LLC with the antitrust clearance of the sale of FCG Acquisitions Inc. to KKR & Co, Inc. through its subsidiary KKR Americas Fund XII L.P. Terms of the deal were not publicly disclosed.
The deal, closed April 1, 2021, will include FCG Acquisitions Inc. and its related subsidiaries including Flow Control Group, a leading distributor of mission-critical flow control and industrial automation products which serves more than 10,000 customers and 2,000 suppliers in North America. The transaction was subject to review by federal antitrust authorities pursuant to the Hart-Scott Rodino Act and was subsequently approved with the expiration of the statutory 30-day waiting period on March 25, 2021.
The MoginRubin team was led by Jonathan Rubin in Washington D.C. and Jennifer Oliver, a Partner at MoginRubin’s San Diego office.
R.W. Baird and Hirschler Fleischer served as advisors and legal counsel to Bertram Capital Management LLC on the transaction with MoginRubin LLP acting as antitrust counsel, while Deloitte served as financial advisors to KKR and Kirkland & Ellis LLP (Chicago) providing legal counsel.