Paksoy, working with Gibson Dunn, has advised H.I.G. Capital on its acquisition of Valeo’s thermal commercial vehicles division.
H.I.G. Capital is a global alternative investment firm with USD 60 billion of capital under management.
Valeo is an automotive supplier and partner to automakers as well as a developer and manufacturer of thermal management solutions for a wide range of passenger buses and coaches, as well as refrigerated transportation fleets. According to Paksoy, “it will operate as 'Spheros' following closing.”
The Paksoy team included Partner Stephanie Beghe Sonmez and Senior Associate Melisa Sevinc Atilganer.
Paksoy did not respond to our inquiry on the matter.
