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Kirkland, Weil Steer Carlisle s $1.6B Building Systems Co. Buy
Law360 (July 19, 2021, 5:20 PM EDT) Construction materials supplier Carlisle Cos. Inc. said Monday that it plans to buy private-equity-backed building envelope systems supplier Henry Co. in a nearly $1.58 billion all-cash deal steered by Kirkland & Ellis LLP and Weil Gotshal & Manges LLP.
Carlisle, which is based in Scottsdale, Arizona, will buy El Segundo, California-headquartered Henry from private equity shop American Securities LLC, according to Monday s announcement. The deal is expected to close in the third quarter, American Securities said in a separate release.
Founded in 1981, Henry develops systems for waterproofing buildings, controlling air flow and improving energy efficiency, according to its website. Its.
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