Featured Publications

Holland & Knight Team Closes $20 Million Transaction to Sell Traffic Control Products Business on Behalf of Quixote Corporation

CHICAGO – On July 25, 2008, Holland & Knight closed a $20 million transaction on behalf of longtime client Quixote Corporation to sell its Intersection Control business segment to Signal Group. Quixote's Intersection Control business segment produces and sells intelligent traffic control systems, pedestrian signals and other products for the traffic control market. The $20 million time sensitive transaction took place in less than five weeks and involved the sale of all outstanding capital stock of three Quixote subsidiaries.

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Paul Kiernan Appointed Executive Partner for Holland & Knight's Mid-Atlantic Region

WASHINGTON, D.C. – Holland & Knight Managing Partner Steven Sonberg has appointed litigation partner Paul Kiernan to serve as Executive Partner of the firm's Mid-Atlantic Region, which includes offices in Washington, D.C., Bethesda, Md., and McLean, Va.

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Press Releases

Holland & Knight Team Closes $171 Million Asset Transaction in Oil & Gas Industrial Services Industry
 
 November 26, 2007
 
A Thomas "Tom" Skallas- Chicago
Michael J. "Mike" Zdeb- Chicago

CHICAGO – Holland & Knight announces the recent closing of a transaction on behalf of Industrial Specialists, LLC, a leading provider of specialty craft services in the U.S. Gulf Coast region to major oil refiners, chemical manufacturers and large engineering and construction firms.

The $171 million transaction resulted in the sale of substantially all of the assets of Industrial Specialists, LLC and its affiliates to Brand Energy & Infrastructure Services, Inc., a portfolio investment of the private equity firm, First Reserve. The transaction better enables Brand Energy & Infrastructure Services to become the leading integrated specialty services provider on the Gulf Coast.

The Holland & Knight team was led by Chicago partners Tom Skallas and Michael Zdeb, who have represented clients in multiple transactions in the oil & gas industrial services industry.

Contact: Susan Bass (813) 769-4326