A&O Shearman has advised La Caisse (formerly CDPQ), a global investment group, in connection with its strategic investment in Pike Corporation ("Pike"), a leading provider of grid infrastructure services in the United States. This transaction supports grid modernization for U.S. electric utilities.
La Caisse is partnering with TPG, a leading global alternative asset manager, to acquire a majority interest in Pike.
"We are proud to support La Caisse in this important transaction, which underscores the role of strategic investments in strengthening critical infrastructure in the energy sector,"
Romain Dambre
Partner
Pike, founded in 1945, is one of the leading providers of electric utility infrastructure services in the U.S., with approximately 12,000 employees serving over 400 customers. The company offers construction and engineering services across electric transmission, distribution, and substation systems; renewables and distributed energy resources; and telecommunications services.
The A&O Shearman team that advised La Caisse was led by M&A partner, Romain Dambre and associates Iqra Anees, Hannah Marshall, and Olivia Zinzi.
The team also included tax partner Caroline Lapidus and associate Jose Rego; antitrust partners Jonathan Cheng and Dominic Long, and counsel Ryan Leske and Mark Steenson; regulatory partner Ken Rivlin and associate Jake Ely; capital markets partner Ryan Robski; and employment and compensation partner Melisa Brower.