Dvir Oren

Partner

New York
Willkie Farr & Gallagher LLP
787 Seventh Avenue
New York, NY 10019-6099
T 212 728 8296
F 212 728 8111
dorenwillkie.com

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 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).

Selected Significant Matters

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
  • 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
  • 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
    • 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

  • 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 Experience

Prior to joining Willkie in 2021, Dvir was a partner at Kirkland & Ellis LLP.