Kirkland & Ellis LLP advised Oaktree Capital Management, L.P. on its agreement to purchase from Stantec its construction division, MWH Constructors. The sale of MWH Constructors is inclusive of MWH Constructors’ UK and U.S. divisions and Slayden Constructors, Inc. MWH Constructors joined Stantec through the MWH acquisition in 2016. Subject to customary conditions, the sale is anticipated to close in the fourth quarter of 2018. Stantec’s full release can be found here.
The Kirkland team was led by corporate partner Tana Ryan and associates Trevor Mayer, Chris Kim and Ike Ikeme.