NEW YORK – June 15, 2023 – Global law firm Greenberg Traurig, LLP advised Cross Rapids Capital L.P. in connection with the acquisition of Worley Limited’s North American maintenance and turnaround and power and operations businesses by CAM Industrial Solutions LLC.
The acquired businesses provide maintenance, turnaround, small cap construction and O&M services for refineries, chemical plants, natural resource extraction and processing, and other industrial facilities across the U.S. and Canada.
CAM Industrial Solutions is a new portfolio company formed by an investor group led by Cross Rapids Capital and which includes The Baupost Group as a strategic partner.
Cross Rapids Capital is an operationally driven investment firm, focused on acquiring North American middle-market industrial and services companies. Cross Rapids Capital partners with owners and management teams to accelerate companies, and brings decades of sector, operational, and investing expertise and a hands-on, collaborative approach to empower business success.
The Greenberg Traurig team advising Cross Rapids Capital was led by New York Corporate Shareholders Jared A. Hershberg and Richard C. Kim, and Salt Lake City Corporate Shareholder Nathan Hurlbut, and included New York Corporate Associates Jared M. Snyder, Eunice J. Park, Seung Won “Selina” Yoo, and Corporate Associate Kristy “Kitt” Ritter, based in Miami.