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MacAndrews & Forbes Completes Sale of AM General to KPS Capital Partners

Paul, Weiss advised MacAndrews & Forbes Incorporated in the sale of its portfolio company AM General LLC, an automotive manufacturer that builds military and commercial vehicles, to KPS Capital Partners. Financial terms of the transaction were not disclosed.

AM General designs, engineers, manufactures, supplies and supports specialized vehicles for military and commercial customers worldwide, including the iconic High Mobility Multipurpose Wheeled Vehicle known as the HUMVEE®.

The Paul, Weiss team included corporate partners Robert Schumer, Ross Fieldston, Caith Kushner and David Huntington and counsel Nathan Sawyer and Soo-ah Nah; employee benefits partner Andrew Gaines and counsel Uri Horowitz; tax partner Jeffrey Samuels; intellectual property partner Claudine Meredith-Goujon; litigation partner Robert Atkins and counsel Steven Herzog and Peter Jaffe; real estate partner Salvatore Gogliormella; international trade counsel Richard Elliot; and environmental counsel William O’Brien

October 1, 2020

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