Cyxtera Technologies, Inc., a global leader in mission-critical retail colocation and interconnection services, and Starboard Value Acquisition Corp. (SVAC) (NASDAQ: SVAC), a publicly traded special purpose acquisition company, have announced the signing of a definitive business combination agreement.
Latham & Watkins LLP represented Cyxtera Technologies Inc., and its private equity sponsor BC Partners, in the deSPAC transaction. The M&A deal team was led by New York partners John Giouroukakis and Eyal Orgad, with New York associates Julian Azran, Thomas Engelhardt, Daniel Weissman, and Josh Reisman. The capital markets team was led by New York partners Marc Jaffe and Erika Weinberg, with Chicago counsel Andra Troy and New York associates John Slater and Christian Vazquez. Advice was also provided on tax matters by New York partner Jocelyn Noll, with New York associate Alan Kimball; and on benefits and compensation matters by Washington, D.C. partner Adam Kestenbaum, with Washington, D.C. associate Nikhil Kumar.