Platinum Equity announced on December 18, 2017 that they had signed a definitive agreement to acquire Husky from Berkshire Partners and OMERS Private Equity. Members of Husky's management team remain important investors in the business through continued equity ownership.
Financing was arranged by certain affiliates of BofA Merrill Lynch, Deutsche Bank Securities, Goldman, Sachs & Co., BMO Capital Markets, Barclays, TD Securities, and National Bank of Canada Financials Markets. Latham and Watkins LLP acted as legal counsel for the buyers, and Husky was represented by Weil, Gotshal & Manges LLP and Torys LLP.
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