American Securities’ Acquisition of Trace3

Akerman and Latham & Watkins advised Trace3 and H.I.G., while Kirkland & Ellis advised American Securities on the deal.

American Securities LLC, a leading U.S. private equity firm, entered into a definitive agreement to acquire Trace3, Inc., a premier provider of consultation services and advanced technical solutions, from an affiliate of H.I.G. Capital. Financial terms of the transaction were not disclosed.

Trace3 is a premier provider of consultation services and advanced technical solutions. Founded in 2002, Trace3 empowers organizations to embrace the ever-changing IT landscape through elite engineering and dynamic innovation. 

Based in New York with an office in Shanghai, American Securities is a leading U.S. private equity firm that invests in market-leading North American companies with annual revenues generally ranging from $200 million to $2 billion. 

The Kirkland team was led by corporate partners Megan Spelman (Picture) and Michael Weisser and associate Matthew Fisher, debt finance partner Melissa Hutson and associate Alena Thomas, and tax partners Mark Schwed and Timothy Campany.

Involved fees earner: Timothy Campany – Kirkland & Ellis; Matthew Fisher – Kirkland & Ellis; Melissa Hutson – Kirkland & Ellis; Mark Schwed – Kirkland & Ellis; Alena Thomas – Kirkland & Ellis; Megan Ward Spelman – Kirkland & Ellis; Michael Weisser – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: American Securities LLC;