The Firm is representing Boyd Corporation, a Snow Phipps portfolio company, in its definitive agreement to acquire the Asian and European Die-Cut businesses of Brady Corporation. The newly combined company will operate under the Boyd brand. The transaction, which is subject to regulatory approvals and other customary closing conditions, is expected to close in two phases, with the first closing expected to occur within approximately 90 days of its signing, and the second closing expected to occur mid year.
Boyd Corporation is a global provider of precision-engineered products with specific expertise in engineering and design, manufacturing and supply chain management. The company operates in markets around the world and serves customers in electronics, mobile computing, medical technology, transportation, aerospace and other B2B and consumer-critical industries.
The Simpson Thacher team includes Andrew Smith, Chi Pan, Jay Yu and Liz Muscarella (M&A); Shuyuan Sun (Corporate, Beijing); Adeeb R. Fadil and Noreen Lavan (Environmental); Lori Lesser and Samantha Himelman (IP); Tristan Brown and Linda Barrett (ECEB); Krista McManus (Real Estate); Gary Mandel, Devin Heckman and Andrew Purcell (Tax); Michael Naughton and Elizabeth Gudis (Antitrust); and Michael Vernace (Credit).