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Akin Gump Represents Turning Rock Partners in $25 Million Investment to Support Recapitalization of General Asphalt

February 15, 2022

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(New York) – Akin Gump represented Turning Rock Partners, a private investment firm based in New York, in a $25 million investment to support SMC Infrastructure Partners' recapitalization of General Asphalt Co, LLC, a paving contractor based in Miami, Florida. The transaction was also supported by capital contributions from debt funds managed by IFM Investors.

To learn more about this transaction, please click here.

Akin Gump corporate partners Ryan Kim and Ryan Cox, members of the firm’s special situations group, led the team advising Turning Rock Partners. They were joined by corporate partner Jon Boben and associate Jack Polisini.

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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