The Riverside Company-Backed H-D Acquires FirstMark
Troutman Sanders was mentioned in a July 2 press release – which was picked up by multiple sources, such as ABLAdvisor, New York citybizlist, Renewable Energy World, PE Hub – for advising Firstmark Corp. of Richmond, Va., in its sale to H-D Advanced Manufacturing Company through a cash merger. The press release was issued by H-D Advanced’s parent, The Riverside Company. Firstmark manufactures numerous highly engineered components and subsystems for the aerospace and defense industries.
Per the release, H-D, through this acquisition, “has established its third industry vertical - Aerospace Technology - building on its established presence in Energy Consumables and Motion Control. Firstmark is the fourth aerospace business and eighth company that H-D has acquired since its formation in December 2012 as a partnership among The Riverside Company, Hicks Equity Partners and Weinberg Capital Group.”
Richmond partners Tom Grant, Coby Beck and Dave Meyers, and Richmond associate Sarah Rust were the firm lawyers that worked on the deal.