Latham Advises US Anchors and the Garfield Family in Transaction With Kinderhook

Kinderhook Industries, LLC (Kinderhook) has announced the acquisition of US Anchors, in partnership with Ted and David Garfield (the Garfield Family). US Anchors, which was founded, owned, and operated by the Garfield Family, is the parent company for the TOGGLER®, Wej-It®, and Heckmann® brands of premium specialty construction anchors, fasteners, and other building products, as well its distribution arm, Gotham Building Supplies. The Garfield Family will retain an ownership stake in US Anchors. Financial terms of the transaction were not disclosed.

Latham & Watkins LLP represented US Anchors and the Garfield Family in the transaction with a corporate team led by New York partners Andrew Elken and Leah Sauter, with associates Maya Rahwanji and Henry Lin. Advice was also provided on financing matters by New York partner Stelios Saffos; on antitrust matters by Washington, D.C. partner Patrick English, with associate Ehson Kashfipour; on intellectual property matters by Boston partner Sarah Gagan, with associate Alex Theuer; on privacy/cybersecurity matters by Houston counsel Robert Brown II, with associate Kiara Vaughn; on tax matters by New York partner Alan Kimball, with associate Lukas Kutilek; on employee benefits by New York partner Erin Murphy, with associates Dana Yeliseyev and Anne Bracaglia; on labor matters by New York counsel Sandra Benjamin; on real estate matters by New York counsel Shira Bressler; and on environment, land, and resources matters by New York counsel David Langer, with associate Brittany Curcuru.