Lindsay Goldberg’s Sale of Pixelle to H.I.G. Capital

On April 4, 2022, Pixelle Specialty Solutions Holding LLC (“Pixelle”), a leading provider of fiber‑based specialty solutions in North America and portfolio company of private investment firm Lindsay Goldberg, announced that it has signed a definitive agreement to be acquired by an affiliate of H.I.G. Capital, a leading global alternative investment firm. Cravath is representing Lindsay Goldberg in connection with the transaction.

The Cravath team is led by partner Thomas E. Dunn and includes associates Adam M. Sanchez, Alexandra J. Valicenti and Gene Choi on M&A matters; partner Tatiana Lapushchik and of counsel Kimberly A. Grousset on financing matters; partners J. Leonard Teti II and Andrew T. Davis and associate Carlos Nicholas Obando on tax matters; partner Matthew J. Bobby and associate Laura S. Lee on executive compensation and benefits matters; senior attorney Annmarie M. Terraciano on environmental matters; practice area attorneys Brian M. Budnick and Lauren Piechocki on real estate matters; and practice area attorney Anthony N. Magistrale on intellectual property matters. Ikechi J. Ngwangwa also worked on M&A matters.