Milbank LLP advised One Equity Partners (“OEP”) on its investment in McNICHOLS, a value-added distributor of specialty metals and fiberglass products across the United States. As part of this transaction, the McNichols family will remain significant shareholders and continue to actively manage the business.
Founded in 1952 and headquartered in Tampa, Florida, McNICHOLS is a fabricator and distributor of specialty machined, assembled metal and fiberglass products serving metal fabricators, metals distribution, OEMs, contractors and numerous other customers across all 50 states. McNICHOLS has approximately 320 employees and 19 service centers located strategically across the United States.
The Milbank team was led by Global Corporate/M&A partner Derek Winokur and associates Charlie Rosenthal, Sascha Alach, Abigail King, Katerina Dvalishvili, Claire McGuinness and Francisco Troconis. Support was also provided by Corporate Finance and Securities partner Antonio Diaz-Albertini and associates Jonathan Markowitz, Allison Mahoney and Daniel Perez-Kowalski; Tax partner Edward Lemanowicz and associate Michael Rivkin; Executive Compensation and Employee Benefits partner Mike Shah, special counsel Jameson Frazier and Dustin Stark and law clerk Santiago de Albornoz; Global Risk & National Security partner Bijan Ganji; Transportation and Space special counsel Pinky Mehta and associate Clayton Melton; Antitrust partner Adam Di Vincenzo; Litigation & Arbitration associate John Ceccio; Environmental partner Matthew Ahrens and associate Jesse Valente; Intellectual Property special counsel John Garces; and Real Estate special counsel David Groman and associate Jennifer Couch.
