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Latham & Watkins Advises Thomas H. Lee Partners in Growth Capital Investment in Ashling Partners

February 9, 2021
Corporate team represented the premier private equity firm in the investment in the professional services and technology firm in the intelligent automation market.

Ashling Partners, LLC, an award-winning service provider in the rapidly growing intelligent automation market and Thomas H. Lee Partners, L.P. (THL), a premier private equity firm, have announced the closing of a growth capital investment by funds managed by THL, including THL Automation Fund L.P. Josh Bresler, Managing Director at THL, and Kearney Shanahan, Director at THL, will join the Ashling board of directors as part of the transaction.

Latham & Watkins LLP represented THL in the transaction with a corporate deal team led by Boston partner Matthew Goulding, with Boston associates Edward Boehme and Martha Anderson. Advice was also provided on intellectual property matters by Boston partner Sarah Gagan, with Boston associate Deborah Hinck; on tax matters by Bay Area partner Katharine Moir, with Bay Area associate Jessica Chen; and on executive compensation and benefits matters by New York partner Jennifer Pepin