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    U.S. Gas & Electric, Inc.

    A Locke Lord team led by John Eisel, along with David Fischer and Mike Wilson (all of 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 releaseChris Flanagan (Boston) and Mike Conroy (Chicago) 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; Lori Basilico (Providence) advised on benefits matters; and Derrick Hibbard (West Palm Beach) assisted with general transaction matters.
    Posted on November 21, 2017

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