Latham & Watkins Advises Vertiv in Secondary Offering
Vertiv Holdings Co (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, has announced the pricing of the previously announced underwritten secondary offering of 20,000,000 shares of Vertiv’s Class A common stock by VPE Holdings, LLC, an affiliate of Platinum Equity, LLC, pursuant to an effective registration statement on file with the Securities and Exchange Commission. In connection with the offering, Platinum has granted to the underwriters a 30-day option to purchase up to 3,000,000 additional shares of Vertiv’s Class A common stock.
Latham & Watkins LLP represents Vertiv in the offering, with a Texas-based corporate team led by Austin partner David Miller and Houston partners Nick Dhesi and Trevor Lavelle, with associates Monica White, Ziyad Barghouthy, Zainab Hashmi, and Brian Bruzzo. Advice was also provided on tax matters by Houston partners Bryant Lee and Jim Cole, with associate Dominick Constantino; and on environmental matters by Los Angeles counsel Joshua Marnitz.