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News & Insights

Lindsay Goldberg’s Sale of Liquid Tech Solutions to Velocity Rail Solutions

July 22, 2025

On July 22, 2025, private investment firm Lindsay Goldberg announced the sale of Liquid Tech Solutions, a tech-enabled provider of on-site mobile refueling solutions, to Velocity Rail Solutions, a Wind Point Partners portfolio company. Cravath is representing Lindsay Goldberg in connection with the transaction.

The Cravath team is led by partner Adam M. Sanchez and includes associates Penina Su, Jessica Azerad and Alyssa Sohn on M&A matters; partner Matthew M. Kelly and associates Nastassia Shcherbatsevich Li and Jack F. Chen on banking matters; partner Andrew T. Davis and associate Carlos Nicholas Obando on tax matters; partner Matthew J. Bobby and associates Nicholas J. Celli and Keanna N. Joseph on executive compensation and benefits matters; partner Sasha Rosenthal-Larrea, senior attorney Carys J. Webb and associate Yunhao (Leslie) Liu on intellectual property matters; partner Jesse M. Weiss, of counsel John F. Kendrick and associate Lavinia M. Hecht on antitrust matters; senior attorney Annmarie M. Terraciano and associate Star S. Gulant on environmental matters; and practice area attorney Brian M. Budnick on real estate matters. Summer associate Julian Greco also worked on M&A matters.

Related Practices & Industries

  • Corporate
  • Mergers and Acquisitions
  • Private Equity
  • Banking and Credit
  • Tax
  • Executive Compensation and Benefits
  • Intellectual Property
  • Antitrust
  • Environmental
  • Transportation

People

Photo
Name
Adam M. Sanchez
Title
Corporate
Title
Partner
Email
asanchez@cravath.com
Phone
+1-212-474-1436
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    Education

    • J.D., 2016, Columbia Law School
    • B.A., 2013, St. John's University

    Admitted In

    • New York
    Photo
    Name
    Matthew M. Kelly
    Title
    Corporate
    Title
    Partner
    Email
    mkelly@cravath.com
    Phone
    +1-212-474-1318
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      Education

      • J.D., 2013, New York University School of Law
        John Norton Pomeroy Scholar; Benjamin Butler Scholar; Order of the Coif, magna cum laude
      • A.B., 2006, Dartmouth College
        cum laude

      Admitted In

      • New York
      Photo
      Name
      Andrew T. Davis
      Title
      Tax
      Title
      Partner
      Email
      adavis@cravath.com
      Phone
      +1-212-474-1272
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        Education

        • LL.M., 2020, New York University School of Law
        • J.D., 2014, Stanford Law School
        • A.B., 2010, Princeton University

        Admitted In

        • New York
        Photo
        Name
        Matthew J. Bobby
        Title
        Executive Compensation and Benefits
        Title
        Partner
        Email
        mbobby@cravath.com
        Phone
        +1-212-474-1128
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          Education

          • J.D., 2012, Harvard Law School
            magna cum laude
          • M.A., 2009, University of Pennsylvania
          • B.A., 2009, University of Pennsylvania
            Phi Beta Kappa, summa cum laude

          Admitted In

          • New York
          Photo
          Name
          Sasha Rosenthal-Larrea
          Title
          Corporate
          Title
          Partner
          Email
          srosenthal-larrea@cravath.com
          Phone
          +1-212-474-1967
          vCard
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            Education

            • J.D., 2010, Columbia Law School
              Harlan Fiske Stone Scholar
            • A.B., 2007, Brown University

            Admitted In

            • New York
            Photo
            Name
            Jesse M. Weiss
            Title
            Litigation
            Title
            Partner
            Email
            jweiss@cravath.com
            Phone
            +1-212-474-1421
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              Education

              • J.D., 2008, Georgetown University Law Center
                magna cum laude
              • B.A., 2003, University of Maryland

              Admitted In

              • New York
              Photo
              Name
              John F. Kendrick
              Title
              Litigation
              Title
              Of Counsel
              Email
              jkendrick@cravath.com
              Phone
              +1-202-869-7726
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                Education

                • J.D., 2016, University of Virginia School of Law
                  Order of the Coif
                • B.A., 2012, The College of William & Mary
                  magna cum laude

                Admitted In

                • New York
                • District of Columbia
                Photo
                Name
                Carys J. Webb
                Title
                Corporate
                Title
                Senior Attorney
                Email
                cwebb@cravath.com
                Phone
                +1-212-474-1249
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                  Education

                  • J.D., 2017, Harvard Law School
                  • B.A., 2012, Yale College

                  Admitted In

                  • New York
                  Photo
                  Name
                  Annmarie M. Terraciano
                  Title
                  Corporate
                  Title
                  Senior Attorney
                  Email
                  aterraciano@cravath.com
                  Phone
                  +1-212-474-1366
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                    Education

                    • J.D., 1998, Columbia Law School
                      Harlan Fiske Stone Scholar
                    • M.S., 1994, University of Wisconsin - Madison
                    • B.A., 1989, Wellesley College
                      cum laude

                    Admitted In

                    • New York
                    Photo
                    Name
                    Brian M. Budnick
                    Title
                    Corporate
                    Title
                    Practice Area Attorney
                    Email
                    bbudnick@cravath.com
                    Phone
                    +1-212-474-1914
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                      Education

                      • J.D., 2011, Benjamin N. Cardozo School of Law
                        cum laude
                      • B.A., 2006, University of Virginia

                      Admitted In

                      • New York

                      Related News & Insights

                      Deals & Cases

                      August 08, 2024

                      Lindsay Goldberg’s Acquisition of Golden State Foods

                      On August 8, 2024, private investment firm Lindsay Goldberg and Golden State Foods, one of the largest diversified suppliers to the foodservice and retail industries, announced that they have entered into an agreement for Lindsay Goldberg to acquire a controlling interest in Golden State Foods. Cravath is representing Lindsay Goldberg in connection with the transaction.

                      Deals & Cases

                      September 19, 2023

                      Lindsay Goldberg’s Acquisition of The Kleinfelder Group

                      On September 19, 2023, affiliates of private investment firm Lindsay Goldberg, in partnership with the company’s management, announced the completion of an investment in The Kleinfelder Group, a leading engineering, design, construction management, construction materials inspection and testing, and environmental professional services firm. Cravath is representing Lindsay Goldberg in connection with the transaction.

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                      Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.

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