Ropes & Gray Represents REV Group Inc. in Sale of School Bus Business

Ropes & Gray advised REV Group, Inc., a manufacturer of industry-leading specialty vehicle brands, in the sale of its school bus business, Collins Bus Corporation, to Forest River Bus, LLC, a Berkshire Hathaway company, for a purchase price of $303.0 million in cash (subject to customary adjustments). The transaction was completed on January 26 and announced in a press release on January 29.

The Ropes & Gray team was led by private equity partner Bob Rivollier and counsel Andrea Conzatti, tax partner Tristan Evans-Wilent, executive compensation & employee benefits partner Allie Alperovich, IP transactions partner Jordan Altman, and real estate partner Peter Alpert.