Ropes & Gray represented Evident in an agreement to sell its Inspection Technologies division to Wabtec Corporation for $1.78 billion. The transaction was announced in a Jan. 14 press release.
Headquartered near Boston, MA, Evident’s Inspection Technologies division delivers solutions that solve complex challenges, inspecting mission-critical assets and infrastructure with nondestructive testing, remote visual inspection, and analytical instruments for maintenance, manufacturing, and environmental applications. Evident is majority owned by longstanding Ropes & Gray client, Bain Capital.
The Ropes & Gray team included private equity partners Bill Mone, Adam Leamon, Tsuyoshi Imai and Saeko Inaba, executive compensation & employee benefits partner Jenny Rikoski Whitney, tax partner Pam Glazier, real estate investments & transactions partners David Kaye and Peter Alpert, employment partner Megan Bisk, litigation & enforcement partners Jackie Grise, Ruchit Patel, Brendan Hanifin and Nicholas Berg, data, privacy & cybersecurity partner Ed McNicholas, finance partner Benjamin Morris, strategic transactions counsel Thomas Burke, litigation & enforcement counsel Rupert Phillips and Deidre Johnson, and private equity associates Andrea Daley and Adam Knapton.
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