Haynes Boone represented Crimson Engineered Solutions, LLC (d/b/a Certrec), a leading provider of regulatory compliance software and services for the energy industry, in its sale to Mirion Technologies, Inc. (NYSE: MIR).
Based in Fort Worth, Texas, Certrec has been instrumental since 1988 in helping power-generating facilities manage regulatory compliance with the Nuclear Regulatory Commission (NRC) and the North American Electric Reliability Corporation (NERC), reducing risk and ensuring a stable bulk electric supply.
Certrec developed software and services supporting licensing, regulatory affairs, compliance, training and operations for nuclear facilities, along with fossil, solar and wind power plants.
"Nuclear facilities face increasingly complex regulatory requirements, making specialized compliance software essential for operational continuity," said Mergers and Acquisitions Partner Zach Burnett. “Certrec built an exceptional business at the intersection of nuclear regulation, cybersecurity and digital integration, and we were proud to help guide them through this milestone.”
Burnett led the Haynes Boone deal team along with Associates Taylor Calvert, Rachael Williams and Dustin Leenhouts.
Multiple practice groups provided additional regulatory support including:
- Tax Counsel Danielle Marr
- Insurance Partner David Taubenfeld
- Patent Associate Sam Genovese
- Employee Benefits Partner Scott Thompson and Attorney Courtney Benedict
- Labor and Employment Partner Raquel Alvarenga and Associate Sean Lewis
Haynes Boone’s M&A Practice Group has comprehensive deal experience, 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.
