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While he’s closely tied to the tech industry, Jeffrey Saper keeps popping up in apparel deals. The Wilson Sonsini Goodrich & Rosati partner represented an investor group in its $212 million purchase of Haggar Corp., a leading manufacturer of men’s and women’s apparel. The investor group consisted of Infinity Associates LLC; Perseus LLC, a private equity fund specializing in consumer, retail and medical device products; and Hong Kong manufacturer Symphony Holdings Ltd. Saper has had a long relationship with these investors, working with them on the initial public offerings for The North Face Inc. and Converse Inc. and Converse’s sale to Nike Inc. two years ago for $300 million. In the latest transaction announced last week, several suitors participated in an auction for Dallas-based Haggar. “It was a hotly negotiated acquisition,” Saper said. “The bidding, negotiation and drafting strategy was quite challenging.” The deal spanned two continents and involved multiple law firms and multiple bidders, Saper said. While discussions took place for several weeks, the final details “took a week with 24-hour sessions,” Saper said. Under the terms of the agreement, Haggar stockholders will receive $29 in cash for each share of Haggar common stock. Haggar will become a private company following shareholder approval of the deal. A family-owned business, Haggar was founded in 1926 by J.M. Haggar, a Lebanese immigrant. The company coined the term “slacks” in the 1940s and was the first to advertise slacks on network television. And in 1992 it introduced wrinkle-free Khaki pants. Saper’s team included partners Selim Day, John Fore, Kathleen Rothman, Catherine Kirkman, John Slafsky, Marc Gottschalk and Scott Sher and associates Adam Dinow, Rezwan Pavvi, Craig Lang, Keith Scherer, Anar Bhimani and David Thomas. Michael Wortley, a partner at Vinson & Elkins’ Dallas office, led the team representing Haggar.

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