The Firm is representing EQT X fund in its agreement to acquire Zeus Company, Inc. from the Tourville family. The transaction is expected to close in the first quarter of 2024, subject to regulatory approvals and customary closing conditions. Financial terms were not disclosed.
Zeus, headquartered in Orangeburg, South Carolina, is the world’s leading polymer extrusion and catheter design manufacturer. With over 55 years of experience in medical, aerospace, energy, automotive, fiber optics, and other leading industries, Zeus’s mission is to provide solutions, enable innovation, and enhance lives. The company employs over 2,400 people worldwide and serves over 300 customers in more than 100 countries.
EQT is a purpose-driven global investment organization with EUR 232 billion in total assets under management (EUR 128 billion in fee-generating assets under management), within two business segments – Private Capital and Real Assets. EQT owns portfolio companies and assets in Europe, Asia-Pacific and the Americas and supports them in achieving sustainable growth, operational excellence and market leadership.
The Simpson Thacher team includes: Michael T. Holick, Mark Myott, Fred De Albuquerque, Harry Marples, Uyen Tu, Omar Kanjwal and Christopher Flynn (M&A); Eli Isak and Roman Ibragimov (Banking and Credit); Jonathan Goldstein, William Smolinski, Lina Pan and Michael Leitner (Tax); Timothy Mulvihill and Deepa Sarkar (Environmental); David Rubinsky, Kristy Fields and Sam Elmi (Executive Compensation and Benefits); Lori Lesser, Rachelle Broida and Kate Mirino (IP); Krista McManus and Helene Snyder (Real Estate); Vandana Harris and Michael Strachan (Private Funds); Vanessa Burrows and Nawa Lodin (Healthcare); and Steven DeLott (Insurance).