Kramer Levin represented Waterfall Asset Management in connection with its acquisition of a controlling interest in Flex Fleet Rental, a leading provider of medium-term truck rentals to commercial customers. TRP Capital Partners, a transportation-focused private equity firm, made a strategic investment alongside Waterfall. The deal closed on Feb. 11, 2019.

The Kramer Levin team was led by Corporate partner David S. Berg and included Corporate partners James J. Moriarty and Scott A. Abramowitz and associates Kevin R. Cipolli, Christopher D. Hopkins, Michelle Park, Andrew H. Yong, Eleni Zanias and Elaine Lo; Tax partner Barry Herzog and associate Mariya Khvatskaya; Employee Benefits partner Marissa J. Holob and associate Mary Flaherty; Employment Law partner Robert N. Holtzman and associate Sarah Hanson; Technology and IP Transactions partner Harry Rubin; Intellectual Property associates Jeff Tsai and Rachel M. Jurist; and Real Estate associate Jacqueline Ryu.

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