Dechert Advises Griffon Corporation on Joint Venture with ONCAP

Dechert advised Griffon Corporation (Griffon) on a definitive agreement with an affiliate of ONCAP, a subsidiary of Onex Corporation, to form a joint venture creating a leading global provider of hand tools, home organization solutions and lawn and garden products for professionals and consumers.

The joint venture will include Griffon’s AMES Companies businesses in the United States and Canada, which are currently part of Griffon’s Consumer and Professional Products segment, and ONCAP’s Venanpri Tools, a global professional and consumer tool provider including the Bellota, Corona and Burgon & Ball businesses.

Griffon, a diversified management and holding company that conducts business through wholly owned subsidiaries, oversees subsidiary operations, allocates resources, manages capital structures and provides guidance and support on acquisitions, growth initiatives and divestitures.

The core team advising Griffon included corporate partners Martin Nussbaum, Stephen Leitzell and Christian Matarese along with associates Rachel Davies, Verónica Casellas Santana and Sean Herron.

The extended, cross-border team included antitrust partners Michael Okkonen and James Fishkin, counsels Beverly Ang and William Kearney, and associates Thirith von Doehren and Tatiana Shlenchakova; global finance partner Jeffrey Katz and associate Alex Haberman; corporate special counsel John Ix and associate Remington Shepard; intellectual property partner Joshua H. Rawson and associate Spencer Joffrion; tax partner David Passey and associate Ishani Kundu; and employee benefits partner Kevin Kay and associate Tabitha Crosier. 

About Dechert

Dechert is the law firm that helps business leaders lead.

For more than 150 years, we have advised clients on critical issues – from high-stakes litigation to first-in-market transaction structures and complex regulatory matters. Our lawyers in commercial centers worldwide are immersed in the key sectors we serve – financial services, private capital, real estate, life sciences and technology.

Dechert delivers unwavering partnership so our clients can achieve unprecedented results.