White & Case Steers Harvest Partners' Industrial Co. Buy

Law360, New York (October 18, 2012, 6:21 PM EDT) -- In a bid to expand its industrial portfolio, private equity firm Harvest Partners LP will acquire industrial parts maker FCX Performance Inc. from fellow private equity firm Sterling Investment Partners, the companies announced Thursday.

Harvest Partners purchased FCX from Sterling for an undisclosed sum, according to a statement issued Thursday. Sterling will continue to maintain an ownership interest in FCX, and FCX's current executive team will continue to oversee the company's operations, the statement said.

FCX and Harvest executives praised the acquisition as a transaction that...
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