Olshan client Quinpario Acquisition Corp. (Nasdaq:QPAC) (Nasdaq:QPACU) (Nasdaq:QPACW) today announced it has reached a definitive agreement to acquire Jason Incorporated from Saw Mill Capital LLC, Falcon Investment Advisors, LLC and other investors. The purchase price of $538.65 million will be funded by the cash proceeds from QPAC’s initial public offering, new debt and rollover equity invested by the current owners and management of Jason.
Olshan corporate attorneys Steve Wolosky, Robert Friedman, Jason Saltsberg and Claudia Dubón counseled Quinpario Acquisition in connection with the transaction, with assistance from Kenneth Schlesinger, Elizabeth Gonzalez-Sussman and Alfonso Jimenez on securities matters, tax assistance from Mark Limardo and Eric Homsi, and with additional assistance from Barry Salkin, Lori Barnea and Safia Anand with respect to due diligence matters.
