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Latham & Watkins Advises Riverstone in Acquisition of Trailstone by Engelhart Commodities Trading Partners

June 11, 2024
Cross-border team represents the asset management firm in the sale of the global energy and technology company.

Engelhart Commodities Trading Partners, a global commodities trading business, has announced that is has agreed to acquire Trailstone, a global energy and technology company, from Riverstone. The acquisition, which is subject to regulatory approval, is expected to complete in Q3, 2024.

Latham & Watkins LLP represents Riverstone and Trailstone in the transaction with a corporate team led by Washington, D.C. partner Nick Luongo, with associates Brad Guest, Patrick Loeffler, and Vikhyath Veeramachaneni. Advice was also provided on intellectual property matters by New York partner Steven Betensky, with associate Alan Kim; on data privacy matters by Houston counsel Robert Brown, with associate Dyllan Brown-Bramble; on employment and benefits matters by Washington, D.C. partners David Della Rocca and Nikhil Kumar, with associate Christina Schrantz; on tax matters by New York partner Matthew Dewitz and London partners Aoife McCabe and Karl Mah, with associate Emmanuel Kassim; on environmental matters by Washington, D.C. partner James Barrett, with associate Tal Carmeli; on export controls matters by Washington, D.C. counsel Ruchi Gill, with associate Monica Calce; on energy regulatory matters by Washington, D.C. partner Tyler Brown and counsel Anna Biegelsen; on anti-corruption matters by Washington, D.C. partner Joe Bargnesi; on antitrust matters by Washington, D.C. partners Jason Cruise and Peter Todaro, Brussels partner Luca Crocco, and counsel Wesley Lepla, with associates Ivy Ziedrich and Panagiotis Kokkinidis; and on investment funds matters by Washington, D.C. partner Barton Clark, with associate Cort Thompson.

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