Latham & Watkins Advises Onex in Acquisition of Fidelity Building Services Group

Onex Corporation (Onex) (TSX:ONEX) has announced that Onex Partners V, Onex’ US$7.2 billion fund, has agreed to acquire Fidelity Building Services Group, in partnership with the company’s management team. The transaction is anticipated to close later this year subject to customary closing conditions.

Latham & Watkins LLP represents Onex in the transaction with a M&A deal team led by Washington, D.C. partner Paul Sheridan and Chicago partners Daniel Breslin and Shaun Hartley, with associate Cierra Warren. Advice was also provided on finance matters by Washington, D.C. partner Jeffrey Chenard, with associate Donald Cooley; on tax matters by Bay Area partner Katharine Moir, with associate Alan Kimball; and on benefits and compensation matters by Washington, D.C. partner Adam Kestenbaum, with associate Nikhil Kumar.