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Paul Hastings Represents Pfingsten Partners in the Sale of Hy-Bon Engineering to Regal Beloit

Chicago, IL-- Paul Hastings LLP, a leading global law firm, represented private equity firm Pfingsten Partners in its sale of Hy-Bon Engineering Company, Inc., a leader in vapor recovery solutions for oil and gas applications, to Regal Beloit Corporation (NYSE: RBC).

Terms of the transaction are undisclosed.

Private Equity partners Brian Richards and Christopher Sheaffer led the Paul Hastings team, which also included Tax partner Ziemowit Smulkowski and corporate associates Joydeep Dasmunshi and Mark Samartino.

Over the past two years, Paul Hasting lawyers have also represented Pfingsten Partners in various transactions including the sale of The Suzo-Happ GroupPowervar and Garretson Resolution Group and acquisitions of Dynapower, DesCase Corporation, Industrial Lighting Products and Bailey International.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.