We guided a U.S. private equity firm through its acquisition of a defense contractor with significant international operations. We led trade-focused due diligence and advised the client on structuring considerations resulting from the target’s controlled activities. In coordination with stakeholders, we crafted a compliance program tailored to the carved out business and successfully obtained an exemption from an oversight agreement between the seller and the Directorate of Defense Trade Controls (DDTC). This work also involved close coordination with our government contacts group to ensure a successful outcome.