LEXPERT MAGAZINE
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NOVEMBER/DECEMBER 2018 23
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CORPORATE TRANSACTIONS OF IMPORTANCE
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Canada, as well as local corporate matters
around the world, by Richard Scott, Mark
Mahoney, Kelli Patel, Matthew Dunnet and
Alex Eckler, and in respect of competition
and foreign investment review by Susan Hut-
ton, Paul Collins, Jeffrey Brown, Ashley Pi-
otrowski and Michael Rosenstock of Stike-
man Elliott LLP.
BASF was represented globally by Peter
Lyons, Aly El Hamamsy, Paul Humphreys,
Daniel Clarke, Sean Hinton (M&A), Frank
Montag, Rafique Bachour, omas Mc-
Grath, Daniel Baker (antitrust), Menachem
Kaplan (IP), Claude Stansbury (tax) of
Freshfields Bruckhaus Deringer LLP; and
in Canada as to merger control by Anthony
Baldanza, Huy Do and Tony Di Domenico
of Fasken Martineau DuMoulin LLP.
WILLSCOT CLOSES
US$1.2B ACQUISITION
OF MODULAR SPACE HOLDINGS
CLOSING DATE: AUGUST 15, 2018
On August 15, 2018, WillScot Corp. (or
Williams Scotsman) completed the acquisi-
tion Modular Space Holdings, Inc. for ap-
proximately US$1.2 billion. e Canadian
Competition Bureau issued a No Action Let-
ter on July 16, 2018. With this acquisition,
Williams Scotsman will expand its market
reach as well as create an even stronger part-
ner for its clients and vendors. e company
financed the acquisition through a combina-
tion of net proceeds from its recent equity
and debt offerings, and borrowings under its
revolving credit facility.
WillScot Corp., headquartered in Balti-
more, is the public holding company for the
Williams Scotsman family of companies.
Williams Scotsman is a specialty rental ser-
vices that provides modular space and por-
table storage solutions in the United States,
Canada and Mexico.
Modular Space Holdings is the parent
holding company of Modular Space Corp.,
the largest privately held provider of office
trailers, portable storage units and modular
buildings for temporary or permanent space
needs in North America.
Williams Scotsman was represented in-
house by Bradley Bacon; and by Allen &
Overy LLP, both with respect to the M&A
transaction and the financing relating there-
to, with a team led by partners Bill Schwit-
ter, Jeff Pellegrino and Michael Chernick
in New York with support from Beth Troy,
Sarah Travis and Jaimie Hughey, as well as
additional M&A support from Elaine John-
ston and Puja Patel (both antitrust), Keren
Livneh (IP), Dave Lewis, Brian Schultz and
John Hibbard (tax), Brian Jebb and Amanda
Albert (employment), Larry Rouslin (real
estate), and Ken Rivlin and Pierce Young
(environmental). McCarthy Tétrault LLP
advised Williams Scotsman on competition
matters in Canada with a team led by Jason
Gudofsky that included Debbie Salzberger
and Kate McNeece.
Modular Space Holdings was represented
by an in-house team that included Charles
Paquin, Craig Burns, John Furlong, Anatoliy
Bizhko and Marc Boily; and by Skadden,
Arps, Slate, Meagher & Flom LLP with a
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