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November 16, 2015
WASHINGTON, DC, November 16, 2015 - Covington advised Graham Holdings Company, a diversified education and media company, in its acquisition of Group Dekko, a manufacturer of electrical solutions for workspace, architectural lighting, and electrical components. The financial terms of the deal were not announced.
According to Timothy O’Shaughnessy, president and chief executive officer of Graham Holdings, the “acquisition of Group Dekko is part of Graham Holdings’ ongoing strategy of investing in companies with demonstrated earnings potential and strong management that fits with our decentralized operating philosophy.”
The Covington team included Michael Cutler, Maya Yette and Kelly Carson (corporate); Will Woolston (employee benefits); Don Elliott and Tom Brugato (environmental); Andrea Reister, Kathleen Gallagher-Duff and Maria Lavalleye (intellectual property); Heather Haberl (real estate); and Rob Heller (tax).