Paul, Weiss client Interline Brands, Inc. completed its sale to
affiliates of Goldman Sachs Capital Partners and P2 Capital
Partners, LLC in a transaction valued at approximately $1.1 billion
(including the assumption of debt) or $25.50 per share. Interline,
a leading distributor and direct marketer with headquarters in
Jacksonville, Florida, provides broad-line maintenance and repair
and operations products to a diversified customer base of
facilities maintenance professionals, professional contractors and
specialty distributors primarily throughout North America, Central
America and the Caribbean.
The Paul, Weiss team advising Interline included corporate
partners Paul
Ginsberg, Eric Goodison, John Kennedy,
Robert
Schumer and Lawrence Wee; employee benefits
partner Lawrence Witdorchic;
intellectual property counsel Claudine Meredith-Goujon;
real estate partner Peter Fisch; environmental counsel William
O'Brien; and regulatory counsel Didier Malaquin.