Arnold & Porter Advises RLS Partners in Acquisition of Gress
Arnold & Porter advised RLS Partners LLC (RLS Partners), an affiliate of RLS Logistics, in its acquisition of Gress Refrigerated Services (Gress), a cold storage logistics company based in Scranton, Pennsylvania. This was the first acquisition for RLS Partners in their new strategy to create a national platform of family-owned, temperature-controlled supply chain solutions providers. The acquisition closed on September 2, 2020.
The Arnold & Porter team was led by partner Stephen Koval, who co-heads the firm's Private Equity practice. The team also included counsel Marci Settle, senior associate Nate Klein, and associates Bryan Kim and Eric An on corporate matters; counsels John DiBari and Victoria Frankenburg, senior associate Stephen Pacicco, and associate Jayne Banks on real estate matters; partner Alan Glantz, senior associate Chad Pearlman, and associates Catalina Ford and Torie Levine on finance matters; counsel Peter Danias on securities law; partners David Sausen and Laurie Abramowitz and senior associates Reuven Graber and Sarah Soloveichik on tax matters; partner Jeffrey London, senior associate Megan Juel, and associate Kathryn Geoffroy on benefits and employment matters; partner Susan Hendrickson on intellectual property matters; and partner Edward McTiernan on environmental matters.