The Jordan Company acquires Vectra Co.’s Borchers Business Division


Paul, Weiss represents Vectra Co., a leading technology-driven diversified company, and portfolio company of investment funds affiliated with Apollo Global Management, LLC, in its agreement to sell its Borchers business division to affiliates of The Jordan Company, L.P., a U.S.-based private equity firm.

Terms of the agreement were not disclosed. The transaction is expected to close in January 2017, subject to customary closing conditions.

The Paul, Weiss team included M&A partner Taurie Zeitzer (Picture) and counsel Gareth Clark; intellectual property counsel Menachem Kaplan; employee benefits partner Lawrence Witdorchic; tax partner Brad Okun; finance partners Gregory Ezring and Brian Kim and counsel David Carmona; real estate partner Mitchell Berg; international trade counsel Richard Elliott; litigation counsel Peter Jaffe; and corporate partner Jeanette Chan.

Involved fees earner: Taurie Zeitzer – Paul Weiss Rifkind Wharton & Garrison; Gareth Clark – Paul Weiss Rifkind Wharton & Garrison; Jeanette Chan – Paul Weiss Rifkind Wharton & Garrison; Menachem Kaplan – Paul Weiss Rifkind Wharton & Garrison; Lawrence Witdorchic – Paul Weiss Rifkind Wharton & Garrison; Brad Okun – Paul Weiss Rifkind Wharton & Garrison; Gregory Ezring – Paul Weiss Rifkind Wharton & Garrison; Brian Kim – Paul Weiss Rifkind Wharton & Garrison; David Carmona – Paul Weiss Rifkind Wharton & Garrison; Mitchell Berg – Paul Weiss Rifkind Wharton & Garrison; Richard Elliott – Paul Weiss Rifkind Wharton & Garrison; Peter Jaffe – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Paul Weiss Rifkind Wharton & Garrison;

Clients: Vectra Corporation;

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Author: Michael Patrini