Insight Equity Acquires A.P. Plasman and Invotronics
Goodmans acted as Canadian counsel to Insight Equity, a private equity firm headquartered in Dallas, Texas, in its acquisition and simultaneous combination of A.P. Plasman, Inc. and Invotronics. The purchase price was not disclosed. The transaction was completed on December 29, 2011 and also involved a refinancing of the target’s credit facilities on which Goodmans also acted. Insight Equity will hold a controlling interest in the combined entity with management maintaining a meaningful ownership position.
A.P. Plasman, based in Windsor, Ontario, is a leading manufacturer of exterior trim and other plastic painted parts, serving over 50 North American platforms across multiple automotive customers. Invotronics is a Toronto-based supplier of complex, high reliability automotive electronic components.
Featured Work
-
Banking and Finance
Vital Infrastructure Property Trust completes C$300 million senior unsecured debentures offering
Goodmans LLP acted for Vital Infrastructure Property Trust in connection with its private placement offering of C$300 million aggregate principal amount of 4.865% Series C senior unsecured debentures… -
Capital Markets
Apotex Health Corp. closes $1.25 billion inaugural senior unsecured notes offering
Goodmans LLP acted for Apotex Health Corp. in connection with its private placement offering of $1.25 billion aggregate principal amount of senior unsecured notes… -
Communications and Media
Sangoma Technologies to be acquired by BRC Group Holdings, Inc.
Goodmans LLP is acting for Sangoma Technologies Corporation in connection with a definitive arrangement agreement pursuant to which an affiliate of BRC Group Holdings will acquire all of the issued… -
Restructuring
First Brand Group’s bankruptcy proceedings
Goodmans LLP acted as Canadian counsel to First Brands Group, LLC and certain of its subsidiaries (the “FBG Group”) in connection with their Chapter 11 bankruptcy proceedings in the United States… -
Mergers and Acquisitions
Thoma Bravo acquires Kneat Solutions for C$650 million
Goodmans LLP advised Thoma Bravo, L.P., the largest software-focused investment firm in the world, in connection with its acquisition of Kneat Solutions for C$650 million in an all-cash take-private… -
Mergers and Acquisitions
Onex Partners and co-investors acquire AirSprint
Goodmans LLP acted as M&A legal counsel to Onex Partners in connection with the acquisition of AirSprint Inc. by Onex and its co-investors…