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Vectra Announces Agreement to Sell Borchers Business Division to Affiliates of The Jordan Company
- Client News
- December 14, 2016
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, among others, M&A 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; and litigation counsel Peter Jaffe.