Haynes Boone advised Bingham & Taylor, a Virginia-based manufacturer of critical underground utility access solutions for essential North American water and gas infrastructure, in its sale to Charlotte Pipe and Foundry Company in conjunction with Neenah Foundry, a wholly owned subsidiary of Charlotte Pipe.
Founded in 1849, Bingham & Taylor has built a 175-year legacy of providing high-quality meter and valve access products and has become an iconic brand in the water and gas industry with products installed throughout North America. The acquisition combines Bingham & Taylor's established brand reputation and wide distribution network with Charlotte Pipe's manufacturing expertise and Neenah Foundry’s waterworks market presence. Bingham & Taylor will continue to operate under its well-known brand name while benefiting from expanded resources and capabilities.
The Haynes Boone deal team was led by M&A Co-Head Dan Malone and M&A Associates Josh Reisman, Ryan Ward, Kaeden Bauman and Ethan Moore, with support from a multidisciplinary team including:
- Tax: Partner Don Shiman and Associate Annie Lawson
- Employee Benefits: Partner Scott Thompson and Attorney Courtney Benedict
- Labor and Employment: Partner Raquel Alvarenga and Associate Kensey Kirby
- Intellectual Property: Partner Gavin George and Associate Sam Genovese
- Environmental: Partner Mary Mendoza and Associate Victor K. Salazar
- Real Estate: Partner Christopher Konopka and Associate Faris Babineaux
- Antitrust: Partner Larry Shosid and Associates Hannah Shoss and Austria Arnold Gerhardy
“This transaction marks an exciting next chapter for Bingham & Taylor, a company with a remarkable 175-year legacy of American manufacturing,” said Malone. “It was a privilege to work with Laura and the entire Bingham & Taylor team to help position the company for continued success as part of Charlotte Pipe and Foundry.”
Haynes Boone’s M&A Practice Group has comprehensive experience handling middle-market deals, having helped clients close more than 500 transactions in the last five years, with an aggregate value exceeding $50 billion. The firm routinely represents private equity firms, closely held corporations, founders, large financial institutions and Fortune 500 public companies.
