Debevoise & Plimpton LLP is advising Kelso & Company on its sale of PowerTeam Services, LLC, a leading provider of maintenance and construction services to the U.S. utility industries, to funds managed by Clayton, Dubilier & Rice.
Kelso has been investing in private equity for over 35 years. Since 1980, Kelso has invested approximately $12 billion of capital and has made more than 120 investments.
The Debevoise team is led by partner Kevin M. Schmidt and includes partners Michael Bolotin, Jonathan F. Lewis and Scott Selinger and associates Douglas M. Hirn, David P. Iozzi, Thomas Lopez and Molly F. Stockley.
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.