Debevoise & Plimpton LLP is advising Truck-Lite Co., LLC (Truck-Lite) in its sale to an affiliate of Koch Equity Development LLC and BDT Capital Partners, LLC, through its investment funds. Truck-Lite is a leading provider of safety lighting and filtration systems for commercial vehicles as well as LED lighting to the off-road industry, and is currently owned by Penske Corporation and funds affiliated with Kelso & Company. Completion of the transaction is expected in the fourth quarter of 2015, subject to customary closing conditions and regulatory approvals. Additional terms of the deal were not disclosed.
The Debevoise team is led by partner Michael A. Diz and includes partners Jonathan F. Lewis and David H. Schnabel, counsel Kyra K. Bromley and Stuart Hammer and associates Jessica Batzell, Michael J. Milazzo and Chadé Shirl Severin.
Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.