Stonepeak to Acquire Boundary Street Capital

Paul, Weiss is advising Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, in its acquisition of Boundary Street Capital LP. Boundary Street is a leading specialist private credit investment manager focused on companies with $5 million to $50 million annual revenue that operate in the digital infrastructure, enterprise infrastructure software and technology services sectors. Financial terms of the transaction were not disclosed. The deal is expected to close in the fourth quarter of 2024, subject to customary closing conditions and regulatory approvals.

The Paul, Weiss team is led by corporate partners James King and Eric Wedel and included partner Aaron Schlaphoff and tax partner Lindsay Parks and counsel Patrick Fasoro; intellectual property partner John Patten; executive compensation partner Lawrence Witdorchic and counsel Bruce Goldberger; real estate partner Peter Fisch; and litigation counsel Pietro Signoracci.