Blackstone to Acquire Sabre Industries, a Leading Energy and Telecom Infrastructure Provider
Vinson & Elkins advised Blackstone, the largest global alternative asset manager in the world, in connection with the agreement by private equity funds affiliated with Blackstone to acquire Sabre Industries, Inc. (“Sabre”) from The Jordan Company. The acquisition of Sabre continues Blackstone Energy Partners’ focus on investing in companies that support the transition to cleaner, more affordable energy.
Based in Alvarado, TX, Sabre is a leading designer and manufacturer of highly-engineered, mission-critical overhead steel poles, towers, battery storage solutions, and related services for electrical utility and telecom end markets. The products and services that Sabre can deliver to its customers are critical to modernizing and strengthening the U.S. electrical transmission and distribution grid, safely and efficiently interconnecting rapidly-growing renewable generation capacity and battery storage facilities, and expanding 4G and 5G wireless telecom infrastructure for enhanced network reliability and connectivity.
The V&E corporate team was led by partners Keith Fullenweider and Matt Strock and senior associate Mike Marek, with assistance from associates Kelly Reddington, Charlie Fitzpatrick and Josh Blankenship. The V&E finance team was led by partner David Wicklund with assistance from senior associate Caitlin Lawrence and associates Chase Cero and Ariel Guerrero-Stewart. Also advising were counsel Sarah Mitchell; partner John Lynch and senior associate Brian Russell; partner Tom Wilson and senior associate Alex Bluebond; counsel Julia Petty and associate Mary Daniel Morgan; senior associate Ben Cukerbaum and associate Sean Belding; partner Matthew Dobbins and senior associate Rachel Comeskey; partner Prentiss Cutshaw and senior associate Ken Adler; partner Hill Wellford and associate Ryan Will; and partner Matthew Stammel and associate Tom Mitsch.
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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.
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