New York, NY--
Paul Hastings, a leading global law firm, announced today that the firm represented private equity firm TDR Capital and its portfolio company Algeco Scotsman, a global business services company focused on modular space and secure storage solutions, in the acquisition of Target Logistics Management, LLC, a leading provider of full-service remote workforce accommodation solutions in the United States.
The total consideration for the transaction is up to approximately $625 million based on Targets financial projections with approximately $350 million deferred and linked to Targets expected performance over multiple years. The transaction closed on Feb 15, 2013.
Corporate partner William Schwitter
and associate Robert Clarke
led the Paul Hastings team, which also included associate Mark Nylen. 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.