Kirkland & Ellis LLP represented Tecta America Corp., a portfolio company of Oaktree Capital, in its definitive agreement to be acquired by the ONCAP III Group. Based in the United States, Tecta is a leading national commercial roofing company offering installation, replacement, and repair services. Kirkland previously represented Oaktree in its acquisition of Tecta on July 1, 2013 and has represented Tecta in a number of financing and other transactions since then. The transaction is expected to close during the third quarter of 2016, subject to customary closing conditions and regulatory approvals.
The Kirkland team was led by corporate partner Hamed Meshki and associates Michele Cumpston and Nicole Amerian; and included tax partners Russell Light and Brett Willis; employee benefits partner Matthew Antinossi and associate Adria Crowe; debt finance partner Mary Kogut and associate Kristin Bacchus; executive compensation partner Michael Krasnovsky and associate Ian Sherwin; labor and employment partner Edward Holzwanger; real estate partner Roberto Miceli and associate Nicholas Carson; intellectual property transactions partner Seth Traxler; and environmental transactions partner Sara Michaelchuck Webber and associate Jennie Morawetz.
A Kirkland team led by corporate partners Christopher Greeno and Hamed Meshki; restructuring partner Patrick Nash; debt finance partners David Nemecek and Mary Kogut; and tax partner Russell Light represented Oaktree in its acquisition of Tecta in 2013.