Michael T. Holick

The Firm represented Laborie Medical Technologies Corp., a Patricia Industries portfolio company, in connection with its investment in Novocuff, Inc.~~Novocuff is a medical device company dedicated to improving pregnancy outcomes and reducing preterm births caused by Preterm Premature Rupture of Membrane and cervical shortening.~~Headquartered in Portsmouth, New Hampshire, Laborie is a global medical technology company focused on Urology, Urogynecology, Gastroenterology, Obstetrics, Gynecology & Neonatal Health. It manufactures and delivers high-quality, high-impact diagnostic and therapeutic products that help clinicians and hospitals preserve and restore patient dignity.~~Patricia Industries is a long-term owner that invests in companies and works to develop each company to its full potential. Patricia Industries is a part of the industrial holding company Investor AB, whose main owner is the Wallenberg Foundations.~~The Simpson Thacher team included Michael T. Holick, Sean Dougherty and Nate Yang (Corporate); Vanessa Burrows (Healthcare Regulatory); and Drew Purcell and Andrew Mandelbaum (Tax).

Jul 18

1 min

The Firm represented Laborie Medical Technologies, Inc., a Patricia Industries portfolio company, in connection with its strategic equity investment in Bright Uro, an early-stage medical technology company.~~Based in Irvine, California, Bright Uro is developing the Glean Urodynamic System™, a wireless, catheter-free, urodynamic monitoring system intended to quantify the pressure characteristics of the lower urinary tract.~~Headquartered in Portsmouth, New Hampshire, Laborie is a global medical technology company focused on Urology, Urogynecology, Gastroenterology, Obstetrics, Gynecology & Neonatal Health. It manufactures and delivers high-quality, high-impact diagnostic and therapeutic products that help clinicians and hospitals preserve and restore patient dignity.~~Patricia Industries is a long-term owner that invests in companies and works to develop each company to its full potential. Patricia Industries is a part of the industrial holding company Investor AB, whose main owner is the Wallenberg Foundations.~~The Simpson Thacher team includes: Michael T. Holick, Sean Dougherty and Mark Marzziotti (Corporate); Vanessa Burrows and Nawa Lodin (Healthcare); Sophie Staples and Andrew Mandelbaum (Tax); Timothy Mulvihill (Environmental); and Alysha Sekhon (Intellectual Property).

Nov 30

1 min

The Firm represented First Reserve, in connection with the sale of IRISNDT. Financial terms of the transaction were not disclosed.~~IRISNDT is a privately-owned NDT, Inspection, and Integrity Engineering company with operations in the United States, Canada, the United Kingdom, and Australia. The company serves a blue-chip customer base in a wide range of end-markets including critical processing infrastructure, general industrial applications, renewables, LNG, and biofuels around ongoing operational activities and maintenance turnaround projects.~~First Reserve is a leading global private equity firm investing across diversified energy, utility, and industrial end-markets. Founded in 1983, First Reserve has more than 40 years of industry insight and has cultivated a differentiated network of global relationships. The firm has raised over $34 billion of aggregate capital and has developed operational expertise built from over 750 transactions, including platform investments and add-on acquisitions.~~The Simpson Thacher team included Michael T. Holick and Arie van Wijngaarden (M&A); and Larry Moss and Alisa Tschorke (Employee Benefits and Executive Compensation).

Oct 12

1 min

The Firm represented GridTek Utility Services and First Reserve in the completed sale of GridTek by First Reserve. The financial terms of the transaction were not disclosed.~~GridTek Utility Services is a leading provider of electrical transmission and distribution maintenance services engaged in the maintenance of electrical infrastructure for the utility industry and industrial customers.~~First Reserve is a leading global private equity firm investing across diversified energy, utility, and industrial end-markets. Founded in 1983, First Reserve has more than 40 years of industry insight and has cultivated a differentiated network of global relationships. The firm has raised over $34 billion of aggregate capital and has developed operational expertise built from over 750 transactions, including platform investments and add-on acquisitions.~~The Simpson Thacher team includes Michael T. Holick, Felicity Bell, Jacob Kornman and Luca Tomasi (M&A); Larry Moss, Alisa Tschorke and Yifan Cao (Employee Benefits and Executive Compensation); Andrew Purcell and Edward Grais (Tax); Eli Isak and Anita Wu (Banking and Credit); Lori Lesser, Kate Mirino and Celeste Fleetwood (Intellectual Property); and Dennis Loiacono (Real Estate).

Nov 6

1 min

The Firm represented CHA Consulting, Inc. and First Reserve in the acquisition of CHA by H.I.G. Capital from First Reserve. The transaction closed on January 19, 2024. Financial terms of the transaction were not disclosed.~~CHA is an innovative, full-service engineering, design, consulting, and program management firm providing a wide range of technology-enhanced services to public, private, and institutional clients. CHA is focused on delivering sustainable, integrated solutions to the world's most challenging infrastructure projects across utilities, transportation, water, and other critical commercial and industrial end-markets.~~First Reserve is a leading global private equity firm focused on investing across diversified energy, utility, and general industrial end-markets. Founded in 1983, First Reserve has nearly 40 years of industry insight and has raised more than $33 billion of aggregate capital since inception. Its investment and operational experience have been built from over 750 transactions, including platform investments and add-on acquisitions, on six continents.~~The Simpson Thacher team included: Michael T. Holick, Ben Kloss, Malik Ladhani, Izaak Lustgarten and Elias B. Rosenblatt (M&A); Michael Vernace, Anita Wu and Kayley Ingalls (Credit); Andrew Purcell and Edward Grais (Tax); Larry Moss, Alisa Tschorke and Sara Mazurek (ECEB); Andrew Kofsky (Labor); Kelly Karapetyan (Antitrust); Lori Lesser, Corina Holland and Sarika Pandrangi (IP); and Dennis Loiacono (Real Estate).

Jan 23

1 min