Fran S. Gray

Fran’s representative experience includes advising:

• Kuvare Holdings in the sale for up to US$1 billion of Kuvare Asset Management to Blue Owl Capital (including potential earnout), and US$250 million preferred equity investment by Blue Owl in Kuvare.
• Gradiant, a Boston-headquartered water company, on a number of acquisitions in the Middle East.
• A U.S. private equity sponsor on its €3.17 billion carve-out acquisition of a global construction chemicals business from a German public company.
• A U.S. private equity sponsor and its portfolio company on the bolt-on acquisition of a leading clay roof tile business in Portugal.
• A U.S. private equity sponsor on the acquisition of a portfolio of non-performing loans in Europe.
• A UK private equity fund on its investment in SEM Energy, a provider of zero-waste and waste-to-product industrial and energy applications headquartered in the UK.
• A U.S. private equity fund in the formation of a new independent power producer, Onyx Strategic Investment Management I BV, and the acquisition of a fleet of coal- and biomass-fired power stations.
• A UK private equity fund on its investment in Well-SENSE Technology Limited, a services business using fiber optics technology to capture distributed temperature and acoustic measurements data.
• A U.S. private equity sponsor on its 100% equity sale valued at approximately US$151.3 million of certain oil and gas royalty assets to a U.S. based company.
• A U.S. private equity sponsor on the acquisition of a plywood manufacturing business in Spain.

*Some of the above matters were handled by Fran prior to joining Sidley.