Andrews & Kurth Leads WCA Waste Sale to Marquarie

by Mark Curriden, Senior Legal Affairs Writer

DECEMBER 23 — Andrews & Kurth is representing Houston-based WCA Waste Corporation in its sale to Macquarie Infrastructure Partners II for $526 million – an all-cash deal that was made public Wednesday.

Under the terms of the agreement, Macquarie, which is a New York-based investment fund, will pay $6.50 for each WCA share for the solid waste management company. The acquisition, which is paid for by shareholder capital and refinanced credit facilities, is expected to close within 90 days.

WCA operates 25 landfills, 29 transfer stations and 29 collection operations in 14 states, which serves about 450,000 customers.

Mayer Brown, a Chicago-based law firm, is representing Macquarie.

The Andrews & Kurth lawyers working on the matter include Jeff Dodd, corporate securities and finance partner in Houston; Ted Gilman, corporate and securities law partner in Austin; Chris Fenelon, an executive compensation partner in Houston; Kay Lynn Brumbaugh, an antitrust partner in Dallas; John Clutterbuck, corporate and securities partner in Houston; Mark Hodges, corporate finance and real estate partner in Houston; Allison Mantor, tax law partner in Houston; Lisa Shelton, an environmental law partner in Austin; Rob Taylor, corporate finance partner in Houston; Brian Dillavou, corporate securities associate in Austin; Brian Alford, corporate securities associate in Austin; Natalie Kurz , corporate securities associate in Houston; Horton Marshall, real estate finance partner in Dallas; Ignacio Hirigoyen, corporate securities associate in Dallas; Harve Truskett, secured lending transactions associate in Houston; and Jocelyn Tau, tax law associate in Houston.

Mark Curriden is senior legal affairs writer for TexasLawbook.net and is Writer in Residence at SMU Dedman School of Law.