Paul, Weiss is representing New York-based middle market private equity firm Gamut Capital Management, L.P. in its acquisition of JPW Industries, Inc. and its global affiliates from Tenex Capital Management. Gamut is a new fund which has raised $1 billion for its debut fund; this is Gamut’s first platform acquisition. JPW is a leading manufacturer, designer and distributor of a wide range of machinery and equipment under the JET, Powermatic, Wilton, Edwards and Promac brands. Terms of the transaction were not disclosed.
The M&A team included corporate partner Taurie Zeitzer and counsel David Beller. The Financing team included corporate partners Gregory Ezring, Brian Kim and Manuel Frey and counsel Caith Kushner and David Carmona. The Securities team included corporate partner Tracey Zaccone. The Tax team included tax partner Brad Okun. The Employee Benefits team included employee benefits partner Lawrence Witdorchic and counsel Jarrett Hoffman. The Real Estate team included real estate partners Mitchell Berg and Peter Fisch. The Intellectual Property team included intellectual property counsel Menachem Kaplan. The Litigation team included litigation partner Lewis Clayton, counsel Peter Jaffe. The International Trade team included international trade counsel Richard Elliott. The Antitrust team included counsel Marta Kelly. The Environmental team included environmental counsel William O’Brien. The Paul, Weiss Hong Kong team included partner Jeanette Chan.