Global investment firm Kohlberg Kravis Roberts & Co. L.P. (“KKR”) completed its acquisition of Capital Safety, a leading provider of fall protection equipment, from Arle Capital Partners, for US$1.12 billion.
With roots dating back to 1938, Capital Safety is one of the world's leading manufacturers of fall protection, confined space and rescue equipment with operating sites worldwide, including Ontario and Alberta.
KKR was represented by Latham & Watkins LLP with a team led by Edward Sonnenschein, Jennifer Perkins, in New York, and Graeme Sloan in London (corporate); Jennifer Van Driesen and Patrick Shannon in Washington, D.C. (financing); and David Raab in New York, Sean Finn and Stephen Brown in London, and David Della Rocca in Washington D.C. (tax and benefits). On Canadian matters, KKR was represented by Stikeman Elliott LLP with a team that included Ken Ottenbreit, Gordon Cameron, Kim Le and Eliza Dinale in New York (corporate); Michael Allen (financing); Marie-Andrée Beaudry and Éric Levesque (tax); Larry Cobb (environmental); Dana Porter and Marc Simonik (real estate); Nancy Ramalho, Kathleen Chevalier and Luc Vaillancourt (employment and benefits) and Stuart McCormack and Ryan Sheahan (IP).
Arle Capital Partners was represented by Simpson Thacher & Bartlett LLP with a team that included Adam Signy, James Connor, Peter McCabe, Tom Merrifield, Kevin Lehpamer (corporate); David Vann, Jayma Meyer, Christopher Cahill (anti-trust); Stephen Short, Euan Gorrie, Chris Akinrele (financing) and Jamin Koslowe (executive compensation and employee benefits) and in Canada by Lori Sullivan of Davies Ward Phillips & Vineberg LLP.