Latest Banded Iron Group News
Dec 4, 2019
Kirkland & Ellis represented Southern Petroleum Laboratories, Inc. (SPL) in the transaction. Southern Petroleum Laboratories, Inc. (SPL) executed the acquisition of the laboratory and measurement services business of Banded Iron U.S. Inc. By combining these businesses, SPL will provide customers with expanded laboratory testing, inspection, and measurement capabilities, enhanced by cloud-based digital compliance solutions, to help them make more accurate real-time decisions. Southern Petroleum Laboratories, Inc. (SPL) is a portfolio company of Industrial Growth Partners. SPL is a globally recognized leader in TIC services for the energy industry. The company combines ISO-certified labs throughout North America, verifiable test methods, and world- renowned scientists with patented software and digital workflows to bring assurance and insights to customers’ energy data. Banded Iron Group (BIG) US Inc., formerly known as Zedi US Inc., provides laboratory services and field operation and management solutions to oil and gas producers. The Kirkland team was led by transactional partners Luke Guerra (Picture) and Hamed Meshki, and included associates Evan Roberts and Anum Chaudhry; tax partner Josh McLane; debt finance partner Nisha Kanchanapoomi and associates Jeanne Lee John and Tina He; technology and intellectual property transactions partner Matthew Lovell; executive compensation partner Jack Stratton; employee benefits partner Matthew Antinossi and associate Adria Crowe; and labor and employment partner Michael Schulman and associate Sydney Jones.