Ropes & Gray represents American Industrial Partners and The Vertex Company in connection with the debt financing for a merger between Vertex and Vectrus, Inc. The transaction implies a value for Vertex of approximately $2.1 billion. The transaction was announced on March 7 in a press release.
The combined company will introduce a new name post-closing and will maintain its listing on the NYSE. The merger is expected to close in the third quarter of 2022.
The Ropes & Gray team that represented American Industrial Partners and The Vertex Company was led by leveraged finance partner Stefanie Birkmann and included finance associate Jeffrey Lang (both of New York).
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