Latham Advises on Financing for Admiral Acquisition Limited’s Completed Acquisition of Acuren
Acuren Corporation (formerly known as Admiral Acquisition Limited) (LSE: ADMR / ADMW) (the Company) has announced that it has completed its acquisition of ASP Acuren Holdings, Inc., a market leading North American testing, inspection, and certification (TIC) provider of critical asset integrity services, from funds advised by American Securities LLC, for approximately US$1.85 billion. In connection with the closing of the transaction, the Company has been renamed Acuren Corporation.
Latham & Watkins LLP represented Jefferies in a financing to support the acquisition with a banking team led by New York partner Jesse Sheff, and counsel Kelly Egers, with associate Henry Miller.