Fenwick Represents Cupertino Electric in Acquisition by Quanta Services

Fenwick represented Cupertino Electric, Inc., an electrical infrastructure solutions provider to the technology, renewable energy and infrastructure and commercial industries, in its acquisition by Quanta Services, Inc. (NYSE: PWR), a specialized contracting services company, delivering comprehensive infrastructure solutions for the utility, renewable energy, communications, pipeline and energy industries.

The upfront transaction consideration was approximately $1.54 billion, consisting of approximately $1.3 billion in cash, subject to certain closing adjustments, as well as approximately 883,000 shares of Quanta common stock valued at approximately $225 million. More information can be obtained from the news announcement.

The Fenwick representation was led by corporate Patrick Grilli and the transaction team was led by corporate partner Ethan Skerry and associates Chris Gorman, Sawyer Li, Corinne Nhaissi, Philip Ewing and Ankeet Ball; technology transactions partner Rufus Pichler and associates Ali Kongats and Julia Arruda Rosenthal; executive compensation and employee benefits partners Shawn Lampron and Marshall Mort and associates Jonathan Stephenson and Melita Chan; antitrust and competition partner Thomas Ensign and associates Elizabeth Suarez and Jason Gindi; and tax partner William Skinner and associate Kris Hatch.