Latham & Watkins Advised TPG Sixth Street Partners in $200 Million Equity Investment in AvePoint

AvePoint, the leading provider of data governance, protection and migration solutions for Office 365 and SharePoint, has announced approximately $200 million in commitments from new minority equity investors to fuel its global growth and expansion, as well as partially recapitalize long-term shareholders.The capital raise was led by a substantial Series C Preferred Equity investment from TPG Sixth Street Partners with additional participation from both new and existing investors, including Goldman Sachs.

Latham & Watkins represented TPG Sixth Street Partners in the transaction with a corporate team led by New York/Boston partner Kristen Grannis and Bay Area partner Haim Zaltzman with Boston associates Andrew Moosmann, John Miller, Elizabeth Mims Slawsby and Jordan Browdy.