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CDK Completes $8.3 Billion Sale to Brookfield
- Client News
- July 6, 2022
Paul, Weiss advised CDK Global, Inc., a leading automotive retail technology company, in its $8.3 billion all-cash acquisition by Brookfield Business Partners, Brookfield Asset Management’s flagship private equity vehicle. The deal will allow CDK to continue to elevate the dealer and consumer experience when selling, buying or owning a vehicle.
The Paul, Weiss team was led by corporate partners Kyle Seifried and Scott Barshay, and included corporate partners Caith Kushner, David Huntington and Michael Vogel and counsel David Sobel and Jason Tyler; litigation partners Geoffrey Chepiga and Aidan Synnott and counsel Steven Herzog and Daniel Mason; executive compensation partner Lawrence Witdorchic; tax partner Scott Sontag; intellectual property partner Jonathan Ashtor; and antitrust counsel Marta Kelly.