Dvir Oren is a partner in the Corporate & Financial Services Department and the Private Equity Practice Group, where he focuses on complex business transactions, including leveraged buyouts, domestic and cross-border mergers and acquisitions, minority and growth investments, tender and exchange offers, carve-out transactions, restructurings, joint ventures, SPACs and de-SPACs and investments in general partners. Dvir represents public and private acquirers and target companies, boards of directors and special committees in a variety of transactions. He also counsels public and private companies on corporate governance, securities and strategic matters. Dvir has represented numerous private equity funds including Accel-KKR, Apax Partners, Avista Capital, Bain, Carlyle, Warburg Pincus and TowerBrook.
Dvir was recommended as a “Notable Practitioner,” for private equity and M&A by IFLR1000 (2019–2021).
Dvir advised on the following significant matters*:
Private Equity Sponsors
- Accel-KKR
- Take-private of SciQuest, Inc. and subsequent $1.5 billion sale to Cinven
- Take-private of MAM Software for approximately $154 million by KCS, an Accel-KKR portfolio company
- Apax Partners
- Acquisition of Coalfire
- Acquisition of Trade Me Group Limited for approximately NZ$2.56 billion
- Sale of AssuredPartners to GTCR and other investors
- Acquisition of GENEX from Stone Point Capital and sale back to Stone Point
- $200 million acquisition of 3M’s electronic monitoring business
- $510 million sale of Paradigm to Emerson
- $3.3 billion sale of Epicor to KKR
- Acquisition of Laboratories C.O.P. (aka Ideal Protein)
- Avista Capital Partners
- Acquisition of Solmetex
- Take-private of Telular and subsequent sale to Ametek
- $225 million sale of a portion of WideOpenWest (WOW!)’s fiber network in the Chicago market to Verizon
- $175.6 million acquisition of Miraca Life Sciences
- Sale of a stake in WideOpenWest (WOW!) to Crestview
- $53 million acquisition of NuLink by WideOpenWest (WOW!), an Avista portfolio company
- $1.4 billion sale of Armored AutoGroup to Spectrum Brand, Inc.
- Acquisition of SMARTLogix by Telular, a former Avista portfolio company
- Acquisition of Reltima and GPS North America by Telular, a former Avista portfolio company
- $262 million sale of WideOpenWest (WOW!)’s South Dakota system to Clarity Telecom and Pamlico Capital
- Acquisition of IDQ by Armored AutoGroup, a former Avista portfolio company, from Kinderhook for cash and stock
- Bain
- Acquisition of MSX International
- $760 million acquisition of Consolidated Container Co.
- BC Partners
- Acquisition of Coda Global by Presidio, a portfolio company of BC Partners
- Acquisition of Arkphire, a leading IT product procurement and services company, by Presidio, a portfolio company of BC Partners
- Recapitalization of GardaWorld
- Take-private of Presidio, Inc. for $2.3 billion
- Carlyle
- Acquisition of Arctic Glacier Group, Inc.
- Acquisition of Weiman Products (alongside TA Associates)
- Cerberus
- Sale of Sparton Corporation to Elbit Systems of America
- Sale of Sparton Corporation's Manufacturing and Design Services segment to One Equity Partners
- Cerberus Telecom Acquisition Corp., sponsored by an affiliate of Cerberus Capital Management, in the establishment of its sponsor entity in connection with its $250 million initial public offering
- Sale of New Avon, LLC to LG Household & Health Care, Ltd. for $125 million in cash
- Acquisition of Navistar Defense, LLC
- Acquisition of a controlling equity investment in the carved-out North American business of Avon Products
- PIPE in Avon Products
- Acquisition of Staples’ European business
- FFL Partners
- FFL Partners and Two Sigma Impact in their acquisition of a majority stake in Community Medical Services
- MSD Partners
- Acquisition of Nutrisystem
- ORIX Capital Partners
- Acquisition of Specialty Welding and Turnarounds, LLC (SWAT), a leading provider of specialty welding and other turnaround services to the oil and gas refinery, petrochemical and industrial markets
- Stanley Capital Partners
- Acquisition of Drug Safety and Pharmacovigilance Services Solutions
- The Sterling Group
- Sale of Time Manufacturing to H.I.G. Capital.
- Tailwind Capital
- Acquisition of ArrowStream from Diversis Capital
- TowerBrook Capital Partners
- Acquisition of Centurion Service Group by TriMedx, a TowerBrook portfolio company
- Acquisition of Aramark Healthcare Services by TriMedx, a TowerBrook portfolio company
- Acquisition of Rewards Network
- Sale of a majority interest in Sound Inpatient Physicians to the North American division of Fresenius Medical Care AG & Co.
- Acquisition of TriMedx
- Warburg Pincus
- Acquisition of Clinicient by WebPT, a Warburg Pincus portfolio company
- Closing of $155 million Series E round of financing for Salsify, Inc.
- Acquisition of a majority interest in WebPT
- Acquisition of Practice Velocity by DocuTAP, a Warburg Pincus portfolio company
- $775 million sale of Gordian Group to Fortive
- PIPE and tender offer for Cyren
- Investment in Reorg Research
- Investment in First Green Partners
Restructuring Transactions
- FullBeauty Brands Holdings Corp., a former portfolio company of Apax, and its affiliates in their Chapter 11 cases in the U.S. Bankruptcy Court of the Southern District of New York
- iHeartMedia, Inc. and certain of its subsidiaries in the $1.8 billion separation of Clear Channel Outdoor Holdings, Inc. and its subsidiaries out of the iHeartMedia Group in connection with iHeartMedia’s Chapter 11 restructuring process
- Recapitalization of One Call
Public Company Transactions
- BigHand Inc., a portfolio company of Levine Leichtman Capital Partners, in its acquisition of Iridium Technology, a legal business intelligence and analytics software provider
- Take-private of MAM Software for approximately $154 million by KCS, an Accel-KKR portfolio company
- Take-private of Presidio, Inc. for $2.3 billion
- Mazor Robotics in its $1.6 billion sale to Medtronic plc
- Blackstone Group as majority stockholder of Invitation Homes in its $11 billion merger with Starwood Waypoint Homes
- Procera Networks, portfolio company of Francisco Partners, in its $443 million acquisition of Sandvine Corp.
- Golden Gate Capital in its proposed $825 million sale of Eddie Bauer to Jos A. Bank, during the hostile bid by Men’s Wearhouse with Eddie Bauer
- Francisco Partners in its $438 million take-private of Clicksoftware Technologies
- Duff & Phelps Corp. in its $665 million sale to a private equity consortium led by The Carlyle Group
- Cerberus Capital in its $435 million preferred equity investment in Avon Products
- An affiliate of Cerberus Capital Management, as the largest stockholder in Avon Products, in the sale of Avon to Natura &Co, creating the fourth-largest pure-play beauty group in the world with a combined value of approximately $11 billion
- Avista Capital Partners in its $253 million tender offer to acquire Telular Corp.
- The Special Committee of the Board of Directors of Sauer-Danfoss Inc. in its $2.8 billion tender offer by Danfoss A/S
- FX Alliance in its $700 million sale to Thomson Reuters
- Fundtech in its $388 million sale to private equity firm GTCR, a “superior offer” to its previously announced merger with S1 Corp.
- ABB Ltd. in its $4.2 billion acquisition of Baldor Electric Co.
- Special Committee of the Board of Directors of EXCO Resources, Inc. in its proposed $5.4 billion take-private by Douglas H. Miller, Chief Executive Officer of EXCO
- NRG Energy, Inc. in its $1.7 billion acquisition of GenOn Energy, Inc.
Israeli Practice
- Mazor Robotics of Israel in its $1.6 billion sale to Medtronic plc.
- Hadera Paper in its $162 million sale of Hogla-Kimberly to Kimberly-Clark
- PIPE and tender offer by funds affiliated with Warburg Pincus for Cyren
- $200 million acquisition of 3M’s electronic monitoring business by funds affiliated with Apax Partners
- $510 million sale of Paradigm (a former Apax portfolio company) to Emerson
- Francisco Partners in its $438 million take-private of Clicksoftware Technologies
- Fundtech in its $388 million sale to private equity firm GTCR, a “superior offer” to its previously announced merger with S1 Corp.
- Infosys Ltd. in its $200 million acquisition of Panaya, Inc.
* Dvir advised on these matters prior to joining Willkie
Prior to joining Willkie in 2021, Dvir was a partner at Kirkland & Ellis LLP.