Ontario Teachers’ Pension Plan Board’s Acquisition of Vantage Elevator Solutions

Paul, Weiss advised Vantage Elevator Solutions on the deal.

Vantage Elevator Solutions completed the sale of a majority stake to the Ontario Teachers’ Pension Plan Board, Canada’s largest single-profession pension plan.

Vantage is a leading North American designer, manufacturer and distributor of elevator components and systems, and a portfolio company of Golden Gate Capital, which will retain a significant minority stake in the company. Financial terms of the transaction were not disclosed.

The Paul, Weiss team included corporate partner Jeremy Veit (Picture); tax partner Robert Holo; executive compensation partner Lawrence Witdorchic; and intellectual property counsel Michael Kurzer.

Involved fees earner: Robert Holo – Paul Weiss Rifkind Wharton & Garrison; Michael Kurzer – Paul Weiss Rifkind Wharton & Garrison; Jeremy Veit – Paul Weiss Rifkind Wharton & Garrison; Lawrence Witdorchic – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Paul Weiss Rifkind Wharton & Garrison;

Clients: Vantage Elevator Solutions;