New York – March 22, 2023 – Cooley advised IAA, Inc. (IAA), a global digital marketplace connecting vehicle buyers and sellers, on its cross-border stock and cash acquisition by Ritchie Bros., which closed on Monday, March 20. Partners Bill Roegge, John-Paul Motley, Jamie Leigh and Logan Tiari led the Cooley team, which served as lead legal adviser to IAA on the transaction and also counseled on related shareholder activism matters.
IAA and Ritchie Bros. entered into a definitive agreement in November 2022, under which Ritchie Bros. agreed to acquire IAA in a stock and cash transaction valued at $7.3 billion […]
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