OMERS Signs Agreement to Sell Majority Interest in Caliber

OMERS Signs Agreement to Sell Majority Interest in Caliber

  

Fried Frank acted as counsel to OMERS Private Equity and Caliber Collision Centers in the signing of an agreement in which OMERS will sell a majority interest in Caliber Collision Centers to funds affiliated with Hellman & Friedman LLC. Caliber is the largest collision repair company in America. OMERS Private Equity is the private equity arm of OMERS, the defined benefit pension plan for municipal employees in the Province of Ontario, Canada. As part of this transaction, Caliber will be merged with Abra Auto Body Repair of America (an H&F portfolio company) to form a leading collision repair provider with more than 1,000 centers across 37 states. The transaction is expected to close early in 2019.
 
The Fried Frank team was led by corporate partners Christopher Ewan and Randi Lally and included corporate partners Daniel J. Bursky and Caroline Sandberg; antitrust and competition partners Nathaniel L. Asker and Tobias Caspary; executive compensation & ERISA partner Jeffrey Ross; litigation partner Joshua D. Roth; tax partner Michael J. Alter; corporate special counsel Jose R. Morales; corporate associates Robert Engelke, Eliza Riffe Hollander, Thomas C. Katsiotas, and Christina Robinson; antitrust associates Matthew E. Joseph, Aleksandr B. Livshits, and Neda Moussavi; environmental associates Samuel K. Dykstra and Mary Beth Phipps; executive compensation & ERISA associate Samantha Rozell; intellectual property and technology associate Alana Berrocal Rodriguez; tax associate Ryan L. Conley; corporate law clerks Carolyn McNamara, Brendan J. Roberts, and Idan Shkaltz; executive compensation & ERISA law clerk Hannah E. Koban; and litigation law clerks Megan M. Howe and Avani Uppalapati.

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