On August 3, 2018, Navacord Inc. (Navacord), a leading Canadian insurance brokerage, completed a management-led buyout of its minority partner with the support of US private equity firm Madison Dearborn Partners (MDP), a leading private equity firm based in Chicago.
Navacord was represented by Paul, Weiss, Rifkind, Wharton & Garrison LLP, with a team that included Adam Givertz, Andrea Quek, Jacob Klugman, Robert Pohlus and Thea Winterton-Perks (M&A), Dale Sarro and Thomas Holber (finance), Marta Kelly and Rebekah Scherr (antitrust) and Lauri Penn (employee benefits), as well as by Heather Barnhouse from Dentons Canada LLP and Michael McBride of McBride Wallace Laurent & Cord LLP with respect to certain Canadian corporate matters and Mike Dolson of Felesky Flynn LLP with respect to Canadian tax matters.
MDP was represented in Canada by Peter Castiel, Kevin Custodio, Hélia Taheri, Samantha Allen and Talia Bensoussan (M&A), Serge Levy and John Simpson (finance) and Frank Mathieu and Adam Drori (tax) of Stikeman Elliott LLP; and in the US by Neal Reenan, Joydeep Dasmunshi and Merrick Doll (M&A), Brian Tweedie and Sean Hilson (debt finance), and Rachel Cantor and Jeffrey Ekeberg (tax) of Kirkland & Ellis LLP.
