Morrison Foerster served as government contracts counsel to Arlington Capital Partners, a Washington, D.C.-based private equity firm focused on middle market investment opportunities in growth industries, on its agreement to sell Tex-Tech Industries to Michelin.
Simultaneously with the sale, FMI Industries Inc. (“FMI”), which is comprised of two divisions of Tex-Tech, will be spun out and established as an independent Arlington portfolio company. FMI is a leader in reinforced composites for applications in the defense, space, and aerospace end markets.
The MoFo team advising Arlington Capital was led by government contracts partners Damien Specht and Caitlin Crujido.
Read the Arlington Capital press release.