BoyarMiller Closes Complex Corporate Sale of Kingsley Constructors, Inc.
HOUSTON (April 12, 2019) – BoyarMiller represented The Woodlands-based Kingsley Constructors, Inc. in its sale to MasTec, Inc. (NYSE: MTZ).
Kingsley is the leading constructor of produced water pipelines in the Permian Basin. The company also constructs crude and natural gas gathering lines, compressor stations, and other oilfield installations.
BoyarMiller assisted the owners of Kingsley through letters of intent, non-disclosure agreements, pre-closing transaction structure issues, and in its negotiation of a final stock purchase agreement and ancillary documents. Additionally, the firm worked on a complex spin-off of the company’s non-construction businesses to several affiliate entities.
“Our team worked collaboratively with our client to find creative solutions that advanced the negotiations as well as mitigated risk,” said BoyarMiller Shareholder Philip Dunlap. “The deal resulted in significant liquidity for the owners and we are proud to have helped make a meaningful difference in their lives.”
Kingsley was founded in 1976 as a civil construction company and began constructing oil and gas-related infrastructure in 2010.
MasTec is a leading infrastructure construction company operating mainly throughout North America across a range of industries. Its primary activities include the engineering, building, installation, maintenance and upgrade of communications, energy, utility, and other infrastructure.
Dunlap led the BoyarMiller team that included business attorneys Cyrus Chin, Shay Johanson and Marcy Winter Wilkins.
As strategic business partners to clients, BoyarMiller works to guide them through the complexities of deals with sound advice, creative solutions, and an efficient business approach.
BoyarMiller is a mid-size Houston-based law firm that advances client business goals by bringing new possibilities into focus with confidence and clarity to achieve extraordinary outcomes. Since 1990, we have been providing practical and smart business solutions. Our firm is comprised of two practice groups—business law and litigation—and we serve multinational companies, middle-market businesses and entrepreneurs in need of collaborative and strategic representation. See www.boyarmiller.com for more information.