Mergers and Acquisitions

Robert Mandel and Ingersoll Tillage Group, on ONCAP’s significant investment in ITG

Robert Mandel, Investor in Ingersoll Tillage
Key Contacts
Team
Shuli Rodal

Partner, Competition/Antitrust and Foreign Investment
Chair, Diversity Committee, Toronto

John M. Valley

Partner, Corporate, Toronto

Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

On June 2, 2015, Ingersoll Tillage Group and its majority owned subsidiary, Corporacion Patricio Echeverria, announced the sale of a substantial portion of its shares to ONCAP. This investment is being made in partnership with Robert Mandel, ITG shareholder and successful Canadian entrepreneur, with ownership interests in leading steel processing and distribution businesses. The investment will be made by ONCAP III, a $800 million fund.

Robert Mandel was represented by Osler with a group comprised of John Groenewegen, Ivan Pankoff, Justin Dharamdial, John Valley and Alix Morse (private equity);  Shuli Rodal (regulatory); Kimberley Wharram, Ina Eroff and Paul Seraganian (tax).

Value
-
Date Closed
June 2, 2015
Lead Office
Toronto
Key Contacts
Team
Shuli Rodal

Partner, Competition/Antitrust and Foreign Investment
Chair, Diversity Committee, Toronto

John M. Valley

Partner, Corporate, Toronto

Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto