Macfarlanes advises on merger of Swift Worldwide Resources with Air Energi

Macfarlanes has advised US private equity house Wellspring Capital Management on the merger of its portfolio company Swift Worldwide Resources Limited with Air Energi Group Limited.

 

The merger sees the creation of Airswift Holdings Limited, a company specialising in global workforce solutions for the energy, process and infrastructure industries with a turnover of $1.2bn and a total of 57 operating locations.

The transaction is structured as an all-share merger, backed by Wellspring and Air Energi’s owner LGV Capital.

Macfarlanes worked alongside US firm Paul, Weiss on this matter.  The Macfarlanes team was led by corporate M&A partner John Dodsworth, with competition partner Marc Israel, tax senior solicitor Peter Abbott and corporate M&A solicitor Stephen Pike.