Three Big Law Firms Help Platinum Buy Solenis for $5.25 Billion

Gibson, Dunn & Crutcher is advising billionaire Tom Gore’s firm Platinum Equity on its agreement to buy Solenis, a global producer of specialty chemicals used in water-intensive industries, from Clayton, Dubilier & Rice and German industrial company BASF SE.

Willkie Farr & Gallagher is advising Platinum on debt-financing aspects of the acquisition, which values Solenis at $5.25 billion. Debevoise & Plimpton said it’s advising Solenis and New York-based private equity firm CD&R, on the sale.

Platinum said the transaction also calls for Wilmington, Del.-headquartered Solenis to merge with Georgia-based Sigura Water, a pool treatment specialist company that Platinum acquired in ...