Latham & Watkins Advises Aspen Manufacturing in Acquisition by CSW Industrials for US$313.5 Million

CSW Industrials, Inc. (Nasdaq: CSWI) and Aspen Manufacturing has announced the execution of a definitive agreement under which CSWI will acquire Aspen Manufacturing for approximately US$313.5 million, subject to standard regulatory approvals and other customary conditions. Aspen Manufacturing, based in Humble, Texas, is one of the largest independent evaporator coil and air handler manufacturers for the HVAC/R industry and is a recognized leader in product quality and indoor comfort.

Latham & Watkins LLP represents the Aspen Manufacturing in the acquisition with a corporate team led by Houston partner James Garrett and associate Josh Blankenship, with associates Melanie von Staa Toledo, David Lee, Victoria Lujan, and Harrison Little. Advice was also provided on tax matters by Houston partner Bryant Lee, with associate J. Dylan White; on environmental matters by Los Angeles/Houston partner Josh Marnitz, with associate Nolan Fargo; on HSR/antitrust matters by Washington, D.C. partners Jason Cruise and Peter Todaro, with associate Alex Kandalaft; on intellectual property matters by associates Andrew Abokhair and Zach Shufro; on executive compensation, employee, and benefits matters by Houston counsel Krisa Benskin, with associate Hayden Rutledge; on FCPA matters by Washington, D.C. partner Joseph Bargnesi; on finance matters by Houston counsel Benjamin Gelfand, with associate Eugenio Cardenas; on data privacy matters by Houston partner Robert Brown II, with associate Sarah Zahedi; on RWI matters by San Diego/Los Angeles counsel Hannah Cary, with associate Enrique Covarrubias; and on real estate matters by New York counsel Shira Bressler.