Cases & Deals

Turnbridge Capital acquires majority stake in Flare Industries

Clients Turnbridge Capital, LLC

Jones Day represented Turnbridge Capital, LLC in connection with its formation of an investment syndicate for the acquisition and related financing of a majority stake in Flare Industries, Inc., a designer and manufacturer of flare systems, thermal oxidizers, and ignition systems. The financing consisted of two revolving lines of credit, one supported by domestic assets and the other supported by export-related assets and guaranteed by the Export-Import Bank of the United States.