Latham & Watkins Advises Dragoneer on US$150 Million Strategic Investment Into Arco

Arco Platform Limited, or Arco (Nasdaq: ARCE), has announced that it has entered into agreements led by affiliates of Dragoneer Investment Group LLC (Dragoneer), which have committed to make a US$100 million strategic investment, and General Atlantic Partners, which has committed to make a US$50 million strategic investment, through the purchase of convertible senior notes, subject to customary closing conditions.

Latham & Watkins LLP represents Dragoneer in the transaction with a deal team led by Los Angeles/New York partner Greg Rodgers and Bay Area partner Haim Zaltzman, with New York associates Andrew Blumenthal, Claire Solimine, and James Dorian. Advice was also provided on debt finance matters by Bay Area partner Dan Van Fleet, and on tax matters by New York partner Bora Bozkurt, with associate Michael Yu.