Holland & Knight Team Closes $171 Million Asset Transaction

CHICAGO – LAWFUEL – The Law Firm Newswire – November 26, 2007 -Holland & Knight announces the recent closing of a transaction on behalf of Industrial Specialists, LLC, a leading provider of specialty craft services in the U.S. Gulf Coast region to major oil refiners, chemical manufacturers and large engineering and construction firms.

The $171 million transaction resulted in the sale of substantially all of the assets of Industrial Specialists, LLC and its affiliates to Brand Energy & Infrastructure Services, Inc., a portfolio investment of the private equity firm, First Reserve. The transaction better enables Brand Energy & Infrastructure Services to become the leading integrated specialty services provider on the Gulf Coast.

The Holland & Knight team was led by Chicago partners Tom Skallas and Michael Zdeb, who have represented clients in multiple transactions in the oil & gas industrial services industry.

About Holland & Knight LLP: Holland & Knight is a global law firm with more than 1,150 lawyers in 17 U.S. offices. Other offices around the world are located in Beijing, Tokyo and Mexico City, with representative offices in Caracas, Helsinki and Tel Aviv. Holland & Knight is among the world’s 15 largest firms, providing representation in litigation, business, real estate and governmental law. Our interdisciplinary practice groups and industry-based teams ensure clients have access to attorneys throughout the firm, regardless of location. www.hklaw.com

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