Simpson Thacher is representing Snow Phipps Group in connection with its acquisition of Prototek Holdings LLC ("Prototek"). Terms of the transaction were not disclosed.
Prototek is a leading national provider of high precision machining and sheet metal fabrication for rapid prototyping and low volume production services across a variety of end markets, including aerospace, defense, medical, robotics, electronics, consumer, telecommunications and general industrial.
Snow Phipps is a private equity firm focused on lower middle-market control investments with $2.4 billion of total capital commitments raised since its founding in 2005. The firm generally focuses on companies in attractive sub-sectors across the industrials, business services and consumer industries and targets platform investments with enterprise values ranging from $100 million to $500 million.
The Simpson Thacher team includes Mark Pflug, Michael Schaeppi and Richard Zhang (M&A); Larry Moss and Joo Hyun Lee (Executive Compensation & Employee Benefits); John Creed, Sophie Staples and Suzy Yaster (Tax); Lori Lesser and Bobbie Burrows (IP & Privacy); Abram Ellis, Mick Tuesley, Mark Skerry and Laurel Fresquez (Regulatory); Peter Guryan, Kelly Karapetyan and Nathaniel Bronstein (Antitrust); Dennis Loiacono (Real Estate); Adeeb Fadil and Noreen Lavan (Environmental); James Cross and Ed Bersuder (Banking & Credit); and Steven DeLott (Insurance).