October 2017

Private Equity Firm Completes $360M Cross-Border Sale

North America | North America - Canada

Private equity firm Milestone Partners completed the sale of its Canada-based portfolio company, Precision Partners Holding Company, to AK Steel for approximately $360 million. Our firm acted as deal counsel for Milestone in the transaction, coordinating multiple legal teams across multiple jurisdictions.

This transaction represented an enormous success for Milestone and was critical to achieving its long-term institutional business plan. It was also highly complicated, involving an unusual and innovative exit structure to minimize client risk and maximize the ability to achieve closing.

The Faegre Drinker Biddle & Reath LLP website uses cookies to make your browsing experience as useful as possible. In order to have the full site experience, keep cookies enabled on your web browser. By browsing our site with cookies enabled, you are agreeing to their use. Review Faegre Drinker Biddle & Reath LLP's cookies information for more details.