DBM Global Completes Acquisition of Heavy Industrial and Mechanical Leader GrayWolf Industrial

December 03, 2018

New York - Paul Hastings, a leading global law firm, announced today that the firm represented HC2 Holdings, a diversified holding company, and its operating subsidiary DBM Global in the acquisition of GrayWolf Industrial, a premier specialty maintenance, repair and installation services provider. The $135 million transaction closed on November 30, 2018.

DBM Global offers integrated steel construction and professional services which include design-assist, design-build, engineering, fabrication, advanced field erection, project management, and steel management systems. The acquisition of GrayWolf further strengthens DBM Global’s position as a leading industrial services company.

The Paul Hastings team was led by partner Stefan DePozsgay and also included partners Andrew Short, Eric Keller and Tom Mounteer, of counsel Holly Snow, as well as associates Vinnie Buehler, M’Alyssa Mecenas, Tyler Thiret, Asna Shah and Stephen Grace.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.