Akin Gump Advises Bessemer in Strategic Investment in Leading Plumbing Services Franchise RotoCo
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(New York) – Bessemer Investors LLC, a New York-based investment firm, announced today that it has made a strategic investment in RotoCo, LLC, the largest U.S. and Canadian franchisee of the plumbing, drain cleaning and water cleanup service Roto-Rooter. Financial terms of the transaction were not disclosed. Akin Gump represented Bessemer in the deal.
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The Akin Gump team advising Bessemer was led by corporate partner David D'Urso and included counsel Sarah Withers and Dasha Hodge and associate Zachary Buda.
Earlier this year, Bessemer, a longtime firm client, turned to Akin Gump for counsel in its acquisition of, and investment in, Pet Flavors, LLC, a company that provides flavor bases used in pharmaceutical and nutraceutical products consumed by pets. Click here to read more.
Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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