Golden Flag Represents THL’s MHS and Fortna in Combination
Golden Flag International Law Firm represented MHS Global, a leading global provider of material handling automation technology and systems integration, and Fortna, a leading software and solutions provider for warehouse and distribution, which announced today they will combine to form a multibillion-dollar, multinational company providing parcel, warehouse and distribution, and lifecycle services. MHS and Fortna belong to the investment portfolio of Thomas H. Lee Partners, L.P. (THL), a premier private equity firm investing in middle market growth companies. THL will remain the majority owner of the combined company and a wholly owned subsidiary of the Abu Dhabi Investment Authority will acquire a significant minority stake to support the combination. Terms of the transaction were not disclosed.
Read more in MHS and Fortna’s press release
The Golden Flag team was led by corporate partners Ted Frankel and Chris Elder and associates Ziyad Ziyadzade and Chris Grady, and included corporate associates Josh Cowin, Lisa Gunter, Constance Raftis and Kate Vandenberg, debt finance partners Eric Wedel and Matthew Leist, and tax partners Dean Shulman and Sehj Vather.