Canada Pension Plan Investment Board $12 billion acquisition of Antares Capital

21/8/2015
Private acquisition

$ 12 billion

Completed

21/8/2015


Overview:

  • The Canada Pension Plan Investment Board (CPPIB) has completed its $12 billion acquisition of middle market lender Antares Capital.
  • Antares was sold by GE Capital, and will now operate as a stand-alone company under CPPIB.
  • The deal was first announced in June 2015.
  • Debevoise & Plimpton (Jeffrey Rosen, Kevin Schmidt) advised CPPIB.
  • Sidley Austin (Brian Fahrney, Gabriel Saltarelli, Paul Adams) advised GE.
  • Cadwalader Wickerhsham & Taft (Aly El Hamamsy, Neil Weidner) counseled CPPIB in relation to financing the purchase.

Kurt Stumpo - Journalist - North America and the Caribbean

Jurisdictions:

Canada
United States

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Financial services


Firms:

Party: Canada Pension Plan Investment Board (Acquirer)


Party: Canada Pension Plan Investment Board (Acquirer)


Party: General Electric (Seller)