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Baker Botts Represents Texas Air Composites in Sale to Aviation Technical Services

Release

 

DALLAS, December 9, 2014 – Texas Air Composites, Inc., a Fort Worth-based aerospace services firm, was sold to Aviation Technical Services, Inc. of Everett, Washington by means of an all-cash merger. The transaction was structured as a reverse triangular merger in which Texas Air Composites became a wholly-owned subsidiary of ATS. All of TAC’s outstanding bank debt was retired in connection with the transaction. ATS obtained financing for the transaction from Union Bank of California.

Baker Botts represented TAC in the transaction.

Baker Botts Lawyers/Office Involved:
Corporate: Don McDermett (Partner, Dallas); Courtney York (Partner, Dallas); Ryan Scofield (Associate, Dallas); Kevin Douglas (Associate, Dallas); Mark Johnson (Associate, Dallas)
Finance: Luke Weedon (Partner, Dallas)
Tax: Tara Lancaster (Associate, Dallas)
Environmental: Aileen Hooks (Partner, Austin)
Employment Matters: Jennifer Trulock (Partner, Dallas)
Employee Benefits/Executive Compensation: Eric Winwood (Partner, Dallas)

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About Baker Botts L.L.P.
Baker Botts is an international law firm of approximately 725 lawyers practicing throughout a network of 15 global offices. Based on our experience and knowledge of our clients’ industries, we are recognized as a leading firm in the energy and technology sectors. Throughout our 174-year history, we have provided creative and effective legal solutions while demonstrating an unrelenting commitment to world class client service. For more information, please visit BakerBotts.com.

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