Faegre Drinker Represents Everidge in Strategic Partnership With KPS Global

Faegre Drinker represented Everidge, a Minnesota-based provider of commercial cold storage, walk-in coolers/freezers, cold storage doors, mobile cold storage, and cook-chill specialty solutions, in its combination with KPS Global, a majority-owned company of Viessmann Generations Group. KPS Global is a leading provider of custom enclosure solutions for controlled environments.

Following the successful completion of the transaction, Everidge and its associated brands became part of KPS Global, officially combining the two complementary businesses. Everidge's owners, the Kahler family, became a significant minority shareholder in KPS Global with representation on the Board of Directors. The combined, privately-held company has more than 1,700 employees and 12 plants across the United States to serve customers.

The Faegre Drinker team was led by corporate partner Mark Pihlstrom and antitrust partners Anna Sallstrom and Joanne Lewers, and included corporate partners Noel Spencer, Kassendra Galindo, Kate Sherburne, and Matthew Levy and associates Brian Kollatz, Sabra Drummond, Tyler Romero, and Mihajlo Gasic; antitrust counsel Jonathan Todt and associates Matthew Lechner, Andrew McCarty, and Jose Lopez; tax partner Lisa Pugh and associate Isabel Wallace; finance partner Nicole Leimer; labor and employment partners Nicole Truso and Dan Prokott and associate Megan Childs Grant; employee benefits partners Page Fleeger and Mark Rosenfeld; intellectual property partner Craig Komanecki and associate Owyn Ferguson; government and regulatory affairs partner Thomas Duncan; real estate associates Crystal Thorpe and Christopher Adan; privacy partner Doriann Cain and associate Mary Grace Smith; and private client partner Dan Donovan and counsel Erika Kroetch Campbell.

Read Everidge’s press release for more information on the transaction.