Econolite Group Completes Sale to Bridgepoint Group PLC and Porsche SE

Represented the Econolite Group in connection with its acquisition by a holding company owned by Bridgepoint Group PLC and Porsche SE.  

The transaction is subject to customary closing conditions, including HSR and CFIUS filings.  The transaction structure includes a Luxembourg S.a.r.l parent holding company, which required engagement of counsel in Luxembourg.  B. Riley served as investment bankers for Econolite.  The transaction is expected to close in June 2022.