Skip to content.

Berkshire Partners and OMERS Private Equity completes acquisition of Husky International

Date Closed

June 30, 2011

Lead Office

Toronto

On June 30, 2011, Berkshire Partners LLC, the Boston based private equity firm, and OMERS Private Equity Inc., the private equity arm of the OMERS Worldwide group of companies, announced the successful closing of their previously announced acquisition of Husky International Ltd. Based in Bolton, Ontario, Husky is a global supplier of highly engineered systems solutions and related aftermarket services and components for the plastics injection molding equipment industry and the leading supplier to the PET preform packaging industry.

Berkshire and OMERS announced on May 3, 2011 that they had signed a definitive agreement to acquire Husky from Onex Corporation. Members of Husky's management team remain significant investors in the business through continued equity ownership.
 
Financing was provided by certain affiliates of Goldman, Sachs & Co., including its principal mezzanine fund, Morgan Stanley Senior Funding, RBC Capital Markets and TD Securities Inc. TD Securities Inc. and BMO Capital Markets acted as financial advisors, and Weil, Gotshal & Manges LLP and McCarthy Tétrault LLP acted as legal counsel for the buyers.

McCarthy Tétrault advised the buyers with a team that was led by David Tennant.

People