Brookfield Business Partners $3.4 billion acquisition of DexKo Global
We are advising Brookfield on the acquisition
Davis Polk is advising Brookfield Business Partners L.P. on its $3.4 billion acquisition together with institutional partners of DexKo Global Inc. from KPS Capital Partners. The closing of the transaction, which is expected by the end of 2021, remains subject to customary closing conditions including regulatory approvals.
Brookfield Business Partners is a business services and industrials company focused on owning and operating high-quality businesses that benefit from barriers to entry and/or low production costs. DexKo is a global manufacturer of highly engineered components for trailer, recreational vehicle and towable equipment providers. DexKo has a leading presence in its core products across North America, Europe and Australia with vertically integrated production and distribution capabilities and a commitment to sustainability.
The Davis Polk corporate team includes partners Leonard Kreynin and Cheryl Chan and associates Shanu Bajaj and Joshua B. Pittell. Partner Hilary Dengel and counsel Jonathan B. Brown are providing finance advice. Partner David H. Schnabel is providing tax advice. Partner Jeffrey P. Crandall and associate Joseph S. Brown are providing executive compensation advice. Partner Pritesh P. Shah is providing intellectual property advice. All members of the Davis Polk team are based in the New York office.