American Metal Technology of Tennessee’s Investment Round – Global Legal Chronicle

2022-09-17 01:05:13 By : Ms. Tom Spa

Smith, Gambrell & Russell represented American Metal Technology of Tennessee, LLC (Amtech) on the transaction.

American Metal Technology of Tennessee, LLC (Amtech), an industry leader in surface enhanced tubing and heat exchanger production, executed its significant investment led by Fire Pit Capital (FPC), a private equity firm that invests in southeastern-based companies. The transaction closed on July 1, 2022.

Amtech manufactures heat exchangers, surface enhanced tubing, and other components predominantly used in ever-increasing applications that require increased heat transfer. The 14-year-old company has grown into the country’s preeminent heat exchanger manufacturer for swimming pool heat pumps. As demand for environmentally friendly heat pumps increases, the investment by FPC will facilitate Amtech’s growth initiatives and assist in developing its manufacturing capabilities.

The SGR Atlanta Legal Team was led by Partner Rett Peaden (Picture), with assistance from Associate Erin McCallum and Associate Alessandra Ferrero in the Corporate Practice.

Involved fees earner: Alessandra Ferrero – Smith Gambrell & Russell; Erin McCallum – Smith Gambrell & Russell; Everett Peaden – Smith Gambrell & Russell;

Law Firms: Smith Gambrell & Russell;

Clients: American Metal Technology of Tennessee;

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