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Latham & Watkins Advises Cloudera in US$5.3 Billion Acquisition by Clayton, Dubilier & Rice, and KKR

June 1, 2021
A multidisciplinary team advises the enterprise data cloud company in the take-private transaction.

Cloudera, (NYSE: CLDR), the enterprise data cloud company, has announced that it has entered into a definitive agreement to be acquired by affiliates of Clayton, Dubilier & Rice, and KKR in an all cash transaction valued at approximately US$5.3 billion. The transaction will result in Cloudera becoming a private company and is expected to close in the second half of 2021.

Latham & Watkins LLP represents Cloudera in the transaction with a corporate deal team led by Bay Area partners Tad Freese and Mark Bekheit, with Bay Area associates Tessa Bernhardt, Natalie Robertson, Heather Durham, and Casey Tong. Advice was also provided on benefits and compensation matters by Bay Area partner James Metz, with associate James Robinson; on tax matters by Bay Area partner Grace Lee, with Boston associate Jeremiah Cowen; on intellectual property matters by Bay Area partner Anthony Klein; on data privacy and security matters by Bay Area counsel Robert Blamires, with associate Amy Dippolito; on antitrust matters by Washington, D.C. partner Mandy Reeves, Bay Area partner Kelly Fayne, Brussels counsel Tomas Nilsson and Hamburg counsel Jana Dammann de Chapto, with Frankfurt associate Nicolas Jung; and on banking matters by Los Angeles partner Mark Morris, with associate Jonathan Shih.