Achievements

A Latham team represented the initial purchasers in the US$630 million IPO by Esentia Energy, a leading company in Mexico’s energy sector specializing in natural gas transportation and commercialization. The deal underscores the firm's leadership as the top US IPO legal adviser in 2025.

A Latham team represents lead investor Dragoneer Investment in autonomous mobility company Waymo's US$16 Billion funding, the largest funding round in the mobility space ever and one of the largest in the last 12 months, valuing Waymo at US$126 billion post-money.

A Latham Latin America Practice deal team advised Florida Ice and Farm Company S.A. (FIFCO), a Costa Rican company with over 117 years of trajectory in the beverage, food, retail, and hospitality sectors, on the sale of its beverage, food, and retail business to HEINEKEN, leading developer and marketer of premium and non-alcoholic beer and cider brands. The deal includes FIFCO’s beverage, food, and retail operations in Costa Rica, Guatemala, El Salvador, and Honduras; its beverage operations in Mexico; stakes in Nicaragua’s leading beverage business, and stakes in beverage businesses in Panama, for a total cash consideration of approximately US$3.2 billion.

Latham successfully defended GTCR’s portfolio company Biocoat in a Federal Trade Commission (FTC) challenge to its US$627 million acquisition of Surmodics, a leading manufacturer of hydrophilic coatings for medical equipment. This marks Latham’s sixth antitrust trial victory against the government in the past five years.

A Latham Capital Markets team represented the underwriters in Medline’s record-breaking US$7.2 billion initial public offering. Medline is the largest provider of medical surgical products and supply chain solutions serving all points of care. The historic IPO is the largest US and global IPO of 2025 (Capital IQ), the largest-ever sponsor-backed IPO, and the largest-ever healthcare IPO (Deal Point Data). 

A cross-border Latham team advised Apollo Sports Capital on its minority investment in Wrexham AFC, a professional football club in Wrexham, Wales. This investment supports Wrexham AFC's growth strategy and Premier League aspirations, with majority owners Rob Mac and Ryan Reynolds maintaining control. It also funds the STōK Cae Ras, aiding the stadium's redevelopment, including the new Kop Stand, part of the larger Wrexham Gateway Project, a major plan to enhance the city's connectivity and economic future.

A Latham litigation team led by partners Sean Berkowitz and Serrin Turner won The American Lawyer’s Litigators of the Week for securing complete dismissal of the SEC’s landmark enforcement action against SolarWinds and its CISO, Tim Brown.

A multidisciplinary cross-border team represents Suno, the leader in AI music, in a landmark transaction to collaborate on next-generation licensed AI music, making this the first-of-its-kind partnership designed to open new frontiers in music creation, interaction, and discovery. As part of the transaction, Suno acquired Songkick, the live music, concert-discovery platform, from Warner Music Group.

A Latham deal team represented Coinbase in the launch of an end-to-end token sales platform to set a new standard, focused on creating a more sustainable and transparent way for projects to distribute tokens and decentralize. The platform launch marks the first time in seven years users in the US can widely participate in digital token sales, continuing Latham’s track record advising on groundbreaking crypto transactions. The platform is accessible to individual users in most global regions with plans to expand in the future.

A cross-border private equity M&A team represents Clario Holdings, a leading provider of endpoint data solutions to the clinical trial industry, and an investor consortium led by Astorg, Nordic Capital, Novo Holdings, and Cinven, in the US$8.875 billion sale of Clario to Thermo Fisher Scientific.

A multidisciplinary team represents global asset manager Macquarie Asset Management in the sale of Aligned Data Centers to a consortium of investors comprising the AI Infrastructure Partnership (AIP), MGX, and BlackRock’s Global Infrastructure Partners at an enterprise value of approximately US$40 billion, the largest transaction to date for global data centers.

Latham serves as primary counsel to Silver Lake and as co-counsel to the investor consortium on IP and gaming matters in connection with the US$55 billion take-private acquisition of Electronic Arts. The transaction is the largest all-cash sponsor take-private investment in history. 

A multidisciplinary Latham team represented StubHub Holdings, Inc., a leading global secondary ticketing marketplace for live events, in its US$800 million IPO on the NYSE. 

A cross-border team advised Anglo American on its US$70 billion merger of equals with Teck to form the Anglo Teck Group, a global critical minerals champion.

Two Latham corporate teams have advised General Catalyst and a16z on the €1.7 billion Series C funding round of Mistral AI, a French startup specializing in generative artificial intelligence. The transaction is France’s largest-ever Series C funding round and values Mistral AI at €11.7 billion post-money. Latham previously advised General Catalyst and a16z during earlier financing rounds, including Mistral AI's €595 million Series B funding round in June 2024.

A Latham German antitrust litigation team secured victory for Lufthansa at the Higher Regional Court (OLG) Düsseldorf, overturning the 2022 Federal Cartel Office order that claimed Lufthansa abused its dominant position by terminating the historical feeder flights agreement (Special Prorate Agreement) with Condor. In February 2025, during a parallel investigation by the European Commission, Latham and Lufthansa's in-house team successfully convinced the Commission to close its interim measures investigation against Lufthansa without any action or remedy.

A Latham team advises the finance source supporting leading software investment firm Thoma Bravo in its take-private of Dayforce, Inc., a global leader in human capital management technology — an all-cash transaction with an enterprise value of US$12.3 billion.

A Latham corporate team represents Authentic Brands Group (Authentic), a global brand development and licensing platform, in its purchase of a controlling ownership interest in the intellectual property of contemporary apparel company Guess?. Authentic will own a 51% stake in a newly formed entity that will own and license the Guess? IP and assume all existing licensing agreements. The remaining 49% will be owned by Founder Maurice Marciano, Founder and Chief Creative Officer Paul Marciano, Chief New Business Development Officer Nicolai Marciano, and CEO Carlos Alberini.

A cross-office Latham litigation team secured dismissal with prejudice in a securities class action against Akero Therapeutics, Inc., a pioneering liver-disease drug company, and certain of its executives. The case involved allegations that Akero misled investors about the patient population in a Phase 2b study of a new drug for liver diseases, impacting the company's stock price. Latham contended that plaintiffs had not alleged a strong inference of scienter. Within 10 days of the motion to dismiss hearing, the court dismissed the litigation with prejudice, quoting extensively from Latham's arguments and holding that the plaintiffs had not filled in the “logical gaps” that would explain why defendants would intentionally conceal information that would eventually need to be disclosed, only to voluntarily disclose it before the disclosure was required.

A Latham Hong Kong corporate team has advised Geely Auto, a leading Chinese automobile manufacturer, in the take-private of its US-listed premium electric vehicle brand Zeekr Intelligent Technology. This transaction marks the first instance of a Hong Kong-listed company privatizing a US-listed entity through a cash/stock election transaction. The deal highlights Latham's significant experience in complex cross-border and privatization deals for major Chinese clients.

A multidisciplinary Latham team represents CyberArk, a global leader in identity security, in its approximately US$25 billion announced acquisition by Palo Alto Networks®. The cash-and-stock transaction will create an end-to-end security platform for the AI era.

Members of Latham’s M&A and Private Equity Practice together with the firm’s Data Center Team represent Apollo in its acquisition of a majority stake in Stream Data Centers. The deal positions Stream Data Centers to execute on a multi-gigawatt pipeline while enabling Apollo Funds and affiliates to potentially deploy billions of dollars into next-generation digital infrastructure. The transaction also accelerates site development for 650 MW of near-term power capacity across campuses in metro Chicago, Atlanta, and Dallas.

A Latham Restructuring & Special Situations team represents CareerBuilder + Monster in its Chapter 11 sale process, now with court approval for key transactions: BOLD will acquire the job board business; Iron Corp U.S. Inc. will acquire Monster Media Properties; and PartnerOne will acquire Monster Government Solutions. The auction nearly doubled the initial bids, with transactions expected to close soon while CareerBuilder + Monster continues operations.

In a win for Latham’s IP and Complex Commercial litigators, the Chief Judge of the Southern District of Florida dismissed HH Advertising, Inc.'s US$660 million damages claim against Sandals Resorts International, awarding just US$49,500 in statutory damages, closely following Sandals' proposed damages measurement. The ruling came after a multi-week bench trial, where HH's claims were significantly reduced, and the judge recognized the defendants' good faith belief in their implied license to use the works.