Koley Jessen is proud to have served as legal counsel to CECO Environmental Corp. (Nasdaq: CECO), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and industrial equipment, in the divestiture of its Fluid Handling business, also known as Global Pump Solutions (GPS), to Chicago-based private equity firm May River Capital.

The approximately $110 million transaction enables CECO to sharpen its focus on its portfolio of leading environmental solutions businesses. Proceeds will be used to pay down debt, creating additional capacity for strategic growth investments aligned with high-growth opportunities in the energy and industrial markets.

The Koley Jessen deal team was led by attorneys Chris Estwick, Eric Oxley, John Lukowski, and Taylour Kumpf.

You can read the full CECO Environmental press release here.