Apollo Funds and CATEC Launch Hydria Through Acquisition of Kelley Leasing Partners
Vinson & Elkins advised Composite Advanced Technologies, LLC (“CATEC”), a portfolio company of Apollo-managed funds (the “Apollo Funds”), in its acquisition of Kelley Leasing Partners, a compressed gas and cryogenic liquid transportation equipment leasing company serving hydrogen, helium and CNG customers across industrial gas, utility and virtual pipeline end markets.
In connection with the acquisition, Apollo Funds and CATEC have launched Hydria, a high-growth compressed gas platform providing equipment and services supporting the CNG, RNG, helium and hydrogen value chain with over-the-road transport, storage and leasing capabilities.
The Vinson & Elkins team was led by Dan Komarek, Abby Branigan and Tara Tegeleci, with key assistance from Jason McIntosh and Omri Ambalo.
About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 13 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.
For more information, please speak with our media contacts.
Key Contacts
Related Insights
- CLE EventNovember 7, 2024CLE Credit
- Insight
V&E Renewable Energy Update
October 30, 2024 - Insight
V&E Securities & ESG Update
October 17, 2024 - Insight
Published by Crux
October 16, 2024