Blackstone Capital Partners and Blackstone Energy Partners Form New Utility and Heavy Equipment Platform
02.11.15
This is only gets display when printing
Simpson Thacher represented Blackstone Capital Partners and Blackstone Energy Partners in a series of financing transactions in connection with Blackstone’s investment in Utility One Source (“UOS”).
UOS will be comprised of three family-owned heavy equipment companies, Custom Truck & Equipment, Utility Fleet Sales and Forestry Equipment of Virginia. UOS will build upon the market positions of each of the three companies in the energy and infrastructure industries while serving as a single source supplier for the utility and heavy equipment industries with a focus on sales, rental equipment, parts, transportation and service.
The Simpson Thacher team included Alden Millard, Brian Gluck, Wenli Cai and Kirsten Popoff (Banking and Credit).