DLA Piper advises Keystone Capital Management and VDA on sale of VDA to Warren Equity Partners

DLA Piper advised Keystone Capital Management, LP and VDA in the completed sale of VDA to funds managed by Warren Equity Partners, LP.

VDA is a provider of inspection, program management, and design consulting services related to elevators, escalators, and other vertical transportation assets. Its clients include leading real estate firms, asset owners, and blue-chip multi-site operators across a variety of end markets.

Keystone invested in VDA in 2021 and supported the company’s growth through organic initiatives and more than 20 acquisitions, expanding its workforce, revenue, and geographic footprint.

The DLA Piper deal team was co-led by Partners Alex Plakas and Drew Rosenberry, and included Associates Kyle Stearns, Andrew Khouri, Paul Koltz, Jim Ford, and Michael Rutsky (all Chicago).

With more than 225 global lawyers providing strategic counsel to private equity funds and their industry-leading portfolio companies, DLA Piper’s Private Equity practice has the team, experience, and relationships to help drive value across the investment life cycle by delivering responsive, efficient, and integrated solutions around the world. DLA Piper’s Global Private Equity practice ranks as the #1 most active among law firms, according to PitchBook.