Foley & Lardner LLP represented Relevant Industrial, LLC (Relevant), a leading provider of industrial equipment and engineered solutions, in the acquisition of Relevant by Fusion Capital Partners (Fusion) through a strategic financial investment. LKCM Headwater Investments (LKCM), a longstanding partner to Relevant, sold a majority stake in the company and reinvested as a minority stakeholder.
The transaction marks a significant milestone for Relevant and will provide additional capital to expand its leadership in the industrial solutions market. The investment will support the company’s growth through organic initiatives and strategic acquisitions while enhancing its ability to deliver innovative, high-impact engineered solutions, broaden its service portfolio, and extend its geographic reach across North America.
Relevant, headquartered in Houston, Texas, delivers engineered solutions and industrial equipment to customers across key markets, including renewable energy, alternative fuels, semiconductor, refining, petrochemical, OEM, food processing, upstream oil and gas, and municipal sectors. The company operates more than 30 locations across the U.S. and maintains sales representation in over 30 additional territories.
The Foley deal team was led by Lawrence B. Goldstein, Brandee Diamond, Sherwin Yee, and Angel Torres (Transactions), Michael Donohue (Tax), Kathleen Bardunias, Isaac Morris, and Cullen Werwie (Benefits), and Ethan Lenz (Insurance). Foley has represented Relevant in nine acquisitions since 2019.
