11/12/2024 | Press release | Distributed by Public on 11/12/2024 07:45
Honigman advised Barclay Water Management (Barclay), a 100% ESOP-owned company, on its sale to Ecolab, a global sustainability leader offering water, hygiene and infection prevention solutions and services. Based in Newton, Massachusetts since 1932, Barclay is a leading middle-market provider of differentiated water safety solutions, including the proprietary iChlor® Monochloramine System for the treatment of Legionella bacteria in drinking water systems. The transaction, which closed on November 1, 2024, brings an exciting opportunity to expand the delivery of innovative water safety solutions to customers across North America.
Don Carney, President and CEO of Barclay, commented that, "The Honigman team was an invaluable partner to us at every step of the sale process. As a 100% employee-owned company, it was critical for us to achieve the best possible outcome in this deal for our employees and their families. Honigman embraced this objective and took the time to understand our people and our business, working hand-in-hand with Barclay's executive leadership to navigate the transaction complexities. The Honigman team's expertise, responsiveness, and collaborative approach were essential to securing this tremendous result for our people. We are grateful to them for their counsel throughout this process."
Read the transaction press release
The Honigman team was led by corporate partners Ryan Opel, Jordan Schwartz and Paul Guenther and corporate associate Gareth Ulmer.
About Honigman
Honigman LLP is an Am Law 200 full-service, general business law firm with more than 350 attorneys counseling clients on complex issues across the country in Chicago, Michigan (Ann Arbor, Bloomfield Hills, Detroit, Grand Rapids, Kalamazoo and Lansing), Washington, D.C. and in our newest wholly owned subsidiary office in Israel. Our lawyers counsel clients on complex issues in more than 60 areas of law. For more information, visit www.honigman.com.
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