Lindsay Goldberg’s Sale of Liquid Tech Solutions to Velocity Rail Solutions

On July 22, 2025, private investment firm Lindsay Goldberg announced the sale of Liquid Tech Solutions, a tech-enabled provider of on-site mobile refueling solutions, to Velocity Rail Solutions, a Wind Point Partners portfolio company. Cravath is representing Lindsay Goldberg in connection with the transaction.

The Cravath team is led by partner Adam M. Sanchez and includes associates Penina Su, Jessica Azerad and Alyssa Sohn on M&A matters; partner Matthew M. Kelly and associates Nastassia Shcherbatsevich Li and Jack F. Chen on banking matters; partner Andrew T. Davis and associate Carlos Nicholas Obando on tax matters; partner Matthew J. Bobby and associates Nicholas J. Celli and Keanna N. Joseph on executive compensation and benefits matters; partner Sasha Rosenthal-Larrea, senior attorney Carys J. Webb and associate Yunhao (Leslie) Liu on intellectual property matters; partner Jesse M. Weiss, of counsel John F. Kendrick and associate Lavinia M. Hecht on antitrust matters; senior attorney Annmarie M. Terraciano and associate Star S. Gulant on environmental matters; and practice area attorney Brian M. Budnick on real estate matters. Summer associate Julian Greco also worked on M&A matters.