Arctic Glacier sells business and assets to affiliates of H.I.G. Capital for approximately $435 million
Client(s) Arctic Glacier Inc.
Jones Day represented Arctic Glacier International, Inc. and its affiliates as U.S. counsel in their sale of substantially all their respective assets to affiliates of H.I.G. Capital for $434.5 million subject to adjustment under the asset purchase agreement. The transaction was effected pursuant to the Companies' Creditors Arrangement Act (Canada) and the U.S. Bankruptcy Code.
In addition to M&A representation, Jones Day provided bankruptcy, antitrust, and real estate advice regarding this transaction.