News & Resources

Olshan Client Quinpario Announces Agreement to Acquire Jason Incorporated for $538.65 Million

March 17, 2014

Olshan client Quinpario Acquisition Corp. (Nasdaq:QPAC) (Nasdaq:QPACU) (Nasdaq:QPACW) today announced it has reached a definitive agreement to acquire Jason Incorporated from Saw Mill Capital LLC, Falcon Investment Advisors, LLC and other investors. The purchase price of $538.65 million will be funded by the cash proceeds from QPAC's initial public offering, new debt and rollover equity invested by the current owners and management of Jason. Olshan corporate attorneys Steve Wolosky, Robert Friedman, Jason Saltsberg and Claudia Dubón counseled Quinpario Acquisition in connection with the transaction, with assistance from Kenneth Schlesinger and Elizabeth Gonzalez-Sussman on securities matters, tax assistance from Mark Limardo, and with additional assistance from Lori Barnea and Safia Anand with respect to due diligence matters.