Locke Lord Represents U.S. Gas & Electric in Acquisition by Crius Energy Trust for Approximately $172.5 Million

A Locke Lord team led by John Eisel (Chicago), represented U.S. Gas & Electric, Inc. (USG&E) in its acquisition by Crius Energy Trust for total consideration of $152.5 million plus $20 million in working capital, for a total purchase price of approximately $172.5 million. USG&E is a commercial and residential energy services company. For more information, view the Crius press release. Chris Flanagan (Boston) handled the many highly complex tax matters involved in the transaction; Joe Farside (Providence) handled HSR matters; Stan Keller (Boston), Brett Pritchard and Tom Bohac (both of Chicago) advised on securities law matters; and Lori Basilico (Providence) advised on benefits matters.
Posted on November 21, 2017