Private Equity

  • February 25, 2025

    Perkins Coie Adds 3 Greenberg Traurig M&A, PE Pros In Texas

    Perkins Coie LLP announced Tuesday that it had strengthened its mergers and acquisitions and private equity practices with three Greenberg Traurig lawyers who have come aboard as partners in Dallas and Austin.

  • February 25, 2025

    Kirkland-Led Thoma Bravo Snags €1.8B For 1st Europe Fund

    Software-focused private equity shop Thoma Bravo, advised by Kirkland & Ellis LLP, on Tuesday announced that it closed its first European-focused fund after securing €1.8 billion ($1.89 billion) from investors.

  • February 24, 2025

    SEC Could Loosen Income Limits On Startup Investments

    The U.S. Securities and Exchange Commission's acting chairman said Monday that the agency is looking at a number of changes aimed at freeing up capital for investment, including the possibility of allowing lower- and middle-income Americans to invest in private, early-stage companies.

  • February 24, 2025

    'Varsity Blues' Suit Against USC An 'Uphill Battle,' Judge Says

    A Los Angeles judge said Monday that while a private equity investor's fraud suit against USC over his prosecution in the "Varsity Blues" case will likely make it past the pleading stage, he will later face an "uphill battle" given how much time has passed since the high-profile college admissions scandal.

  • February 24, 2025

    CVC Sells Stake In India Hospital Chain To KKR For $400M

    Private equity shop CVC on Monday announced that it has agreed to sell its majority stake in Indian oncology hospital chain Healthcare Global Enterprises to Simpson Thacher & Bartlett LLP-advised KKR for $400 million.

  • February 24, 2025

    Trump Media Seeks Shareholder Approval To Leave Delaware

    The owner of Donald Trump's social media platform plans to hold a shareholder vote in April asking investors whether it should move its legal address to Florida, potentially joining a growing number of companies reincorporating outside of Delaware.

  • February 24, 2025

    Fund Formation Group Of The Year: Proskauer

    Proskauer Rose LLP worked with Ares Management Corp. on its largest-ever private credit fundraise and advised StepStone Group on the formation of its $3.3 billion venture capital secondaries fund, among other achievements, earning the firm a spot among the 2024 Law360 Fund Formation Groups of the Year.

  • February 24, 2025

    NinjaOne Valued At $5B After $500M Series C Funding

    Automated endpoint management company NinjaOne on Monday revealed that it hit a $5 billion valuation after raising $500 million in Series C extension funds, which will be used to drive research and development efforts among other goals.

  • February 24, 2025

    Blackstone Paying $5.65B For US Marina Servicing Giant

    Blackstone has agreed to acquire Dallas-based Safe Harbor Marinas, the largest marina and superyacht servicing business in the U.S., from Sun Communities Inc. for $5.65 billion, the companies said Monday.

  • February 24, 2025

    Skadden, Ropes & Gray Advising On 23andMe Buyout Bid

    The CEO of 23andMe has teamed up with private equity firm New Mountain Capital on an offer to purchase and take the genetic testing company private at an equity value of approximately $74.7 million, according to a filing with the U.S. Securities and Exchange Commission.

  • February 24, 2025

    4 Firms Advise On Apollo's $1.5B Bridge Investment Buy

    Apollo Global Management said Monday it has agreed to buy Bridge Investment Group Holdings Inc., a Salt Lake City, Utah-based real estate investment manager, in a $1.5 billion deal steered by four law firms, as Apollo looks to expand its real estate equity and credit offerings.

  • February 24, 2025

    Just Eat Gets €4.1B Offer From Dutch Investor To Go Private

    Global investment group Prosus said Monday that it will buy Just Eat Takeaway.com in a €4.1 billion ($4.3 billion) take-private deal to tap into the European food delivery market.

  • February 24, 2025

    Skadden Leads Brookfield To Buy Renewables Biz For $1.7B

    National Grid said on Monday that it has agreed to sell its green subsidiary in the U.S. to Brookfield for $1.74 billion as the Canadian asset manager ups its stake in the rapidly growing renewables sector.

  • February 21, 2025

    Crypto Mining Machine Co. Bgin Blockchain Files $50M IPO

    Cryptocurrency mining company Bgin Blockchain Ltd. filed for an initial public offering Friday with the U.S. Securities and Exchange Commission that is expected to raise $50 million, represented by Hunter Taubman Fischer & Li LLC and underwriters counsel Robinson & Cole LLP.

  • February 21, 2025

    B. Riley Founders, Board Sued In Del. Over Investment Losses

    A B. Riley Financial Inc. stockholder has launched a derivative suit seeking hundreds of millions of dollars in damages for the company in Delaware's Court of Chancery, alleging director conflicts tied to investments in now-bankrupt holding company Franchise Group Inc., led by a longtime friend of a B. Riley co-founder.

  • February 21, 2025

    Aerotech Can't Escape Workers' ESOP Investment Suit

    A Pennsylvania federal judge refused to toss a proposed class action from participants in a motion control technology company's employee stock ownership plan who alleged mismanagement, finding allegations that the company's low-risk investment strategy violated federal benefits law could proceed to discovery.

  • February 21, 2025

    WilmerHale Corporate Ace Joins DLA Piper In California

    DLA Piper has added a former WilmerHale attorney to strengthen its corporate practice, including bolstering its service to clients in the life sciences and healthcare industries.

  • February 21, 2025

    Barry Manilow Bids To Kick Hipgnosis Claim To LA Court

    Singer-songwriter Barry Manilow called for a London court on Friday to toss part of a claim by U.K.-based intellectual-property investment fund Hipgnosis SFH 1 Ltd. that Manilow failed to pay it royalties, arguing that the claim should be heard in Los Angeles.

  • February 21, 2025

    Fund Formation Group Of The Year: Weil

    Weil Gotshal & Manges LLP guided Brookfield Asset Management in securing a record-shattering $30 billion private infrastructure fund, and assisted Crow Holdings in closing the largest real estate private equity fund of 2024's first quarter at $3.1 billion, earning the law firm a spot among the 2024 Law360 Fund Formation Groups of the Year.

  • February 21, 2025

    Trump Media Board Plans M&A Expansion Fund

    Trump Media and Technology Group Corp., the operator of President Donald Trump's social media platform Truth Social, said Friday that its board has voted to authorize the creation of an acquisition fund that will focus on potential mergers and acquisitions across tech, finance and other sectors.

  • February 21, 2025

    Taxation With Representation: Kirkland, V&E, Cravath, Dechert

    In this week's Taxation With Representation, Diamondback Energy buys Midland Basin assets from another oil and natural gas company, GTCR closes its second strategic growth fund, Light & Wonder Inc. buys Grover Gaming's assets, and Barings acquires Artemis Real Estate Partners.

  • February 20, 2025

    Citron Research Founder Ran 'Classic' Fraud Ploy, DOJ Says

    The well-known activist short-seller Andrew Left shouldn't escape U.S. Department of Justice allegations he improperly made $16 million using bait-and-switch tactics to manipulate trading prices, prosecutors have argued, saying the indictment makes it clear he's been charged with "a classic securities fraud scheme."

  • February 20, 2025

    Select SPAC Targets Are Soaring Ahead Of The Pack

    A select breed of companies that went public through mergers with special purpose acquisition companies are performing well lately — hailing mostly from a few specific industries — in stark contrast to the vast majority of SPAC merger targets that have flopped over the past few years, according to data released on Thursday.

  • February 20, 2025

    Trump Executive Order Could Hinder Crypto Rules, SEC Suits

    A new executive order giving the White House more power over independent agencies could slow rulemaking and enforcement activity at the U.S. Securities and Exchange Commission and even put a damper on its ability to write rules governing the cryptocurrency industry, legal experts told Law360. 

  • February 20, 2025

    Squire Patton Leads Valvoline On $625M Breeze Autocare Buy

    Squire Patton Boggs LLP is guiding Valvoline Inc. on a deal announced Thursday that slates the automotive services company to acquire Breeze Autocare from Greenbriar Equity Group for approximately $625 million in cash.

Expert Analysis

  • What 2 Rulings On Standing Mean For DEI Litigation

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    Recent federal court decisions in the Fearless Fund and Hello Alice cases shed new light on the ongoing wave of challenges to diversity, equity and inclusion initiatives, with opposite conclusions on whether the plaintiffs had standing to sue, say attorneys at Moore & Van Allen.

  • Series

    Skiing And Surfing Make Me A Better Lawyer

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    The skills I’ve learned while riding waves in the ocean and slopes in the mountains have translated to my legal career — developing strong mentor relationships, remaining calm in difficult situations, and being prepared and able to move to a backup plan when needed, says Brian Claassen at Knobbe Martens.

  • Unpacking The Circuit Split Over A Federal Atty Fee Rule

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    Federal circuit courts that have addressed Rule 41(d) of the Federal Rules of Civil Procedure are split as to whether attorney fees are included as part of the costs of a previously dismissed action, so practitioners aiming to recover or avoid fees should tailor arguments to the appropriate court, says Joseph Myles and Lionel Lavenue at Finnegan.

  • Arbitration Implications Of High Court Coinbase Ruling

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    The U.S. Supreme Court's recent Coinbase v. Suski ruling not only reaffirmed the long-standing principle that arbitration is a matter of contract, but also established new and more general principles concerning the courts' jurisdiction to decide challenges to delegation clauses and the severability rule, say Tamar Meshel at the University of Alberta.

  • After A Brief Hiccup, The 'Rocket Docket' Soars Back To No. 1

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    The Eastern District of Virginia’s precipitous 2022 fall from its storied rocket docket status appears to have been a temporary aberration, as recent statistics reveal that the court is once again back on top as the fastest federal civil trial court in the nation, says Robert Tata at Hunton.

  • The Current State Of Healthcare Transaction Reviews In Calif.

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    As of April, certain healthcare transactions in California have been subject to additional notification compliance requirements, and complying with these new rules could significantly delay and discourage some deals, says Andrew Demetriou at Husch Blackwell.

  • Practical Private Equity Lessons From 2 Delaware Deals

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    A pair of Delaware Chancery Court cases remind private equity sponsors that specificity is crucial through the lens of deal certainty, particularly around closing conditions and agreement sections of acquisition agreements, say Robert Rizzo and Larissa Lucas at Weil Gotshal and William Lafferty at Morris Nichols.

  • Recruitment Trends In Emerging Law Firm Frontiers

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    BigLaw firms are facing local recruitment challenges as they increasingly establish offices in cities outside of the major legal hubs, requiring them to weigh various strategies for attracting talent that present different risks and benefits, says Tom Hanlon at Buchanan Law.

  • Series

    Glassblowing Makes Me A Better Lawyer

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    I never expected that glassblowing would strongly influence my work as an attorney, but it has taught me the importance of building a solid foundation for your work, learning from others and committing to a lifetime of practice, says Margaret House at Kalijarvi Chuzi.

  • What 11th Circ. Fearless Fund Ruling Means For DEI In Courts

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    The Eleventh Circuit's recent backing of a freeze on the Fearless Fund's grants to women of color building new companies marks the latest major development in litigation related to diversity, equity and inclusion and may be used to question other DEI programs targeted at providing opportunities to certain classes of individuals, say attorneys at Simpson Thacher.

  • Money, Money, Money: Limiting White Collar Wealth Evidence

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    As courts increasingly recognize that allowing unfettered evidence of wealth could prejudice a jury against a defendant, white collar defense counsel should consider several avenues for excluding visual evidence of a lavish lifestyle at trial, says Jonathan Porter at Husch Blackwell.

  • How Associates Can Build A Professional Image

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    As hybrid work arrangements become the norm in the legal industry, early-career attorneys must be proactive in building and maintaining a professional presence in both physical and digital settings, ensuring that their image aligns with their long-term career goals, say Lana Manganiello at Equinox Strategy Partners and Estelle Winsett at Estelle Winsett Professional Image Consulting.

  • 5 Steps To Navigating State Laws On Healthcare Transactions

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    As more states pass legislation requiring healthcare-transaction notice, private equity investors and other deal parties should evaluate the new laws and consider ways to mitigate their effects, say Carol Loepere and Nicole Aiken-Shaban at Reed Smith.

  • Firms Must Rethink How They Train New Lawyers In AI Age

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    As law firms begin to use generative artificial intelligence to complete lower-level legal tasks, they’ll need to consider new ways to train summer associates and early-career attorneys, keeping in mind the five stages of skill acquisition, says Liisa Thomas at Sheppard Mullin.

  • Next Steps After 5th Circ. Nixes Private Fund Adviser Rules

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    The Fifth Circuit's recent toss of key U.S. Securities and Exchange Commission rules regarding private fund advisers represents a setback for the regulator, but open questions, including the possibility of an SEC petition to the U.S. Supreme Court, mean it's still too early to consider the matter closed, say attorneys at Debevoise.

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