Latham & Watkins Represents Astorg and OPEN Health in Acquisition of CM Group
European private equity firm Astorg and OPEN Health, a leading global provider of scientific communications and market access services to the pharmaceutical industry and an Astorg portfolio company, will acquire The CM Group, an integrated commercialization platform whose product offerings enable biopharmaceutical manufacturers to build market insights and to disseminate scientific information to healthcare providers and patients, from NaviMed Capital. The partnership between OPEN Health and The CM Group expands the platform’s global reach and portfolio of best-in-class scientific solutions for the pharma and biotech industry.
Latham & Watkins LLP represents Astorg and OPEN Health in the transaction with a cross-border corporate deal team led by New York partner David Beller and New York counsel Edmond Parhami, with associates Kyle Adams, Shelton Taylor, and Sami El-Kebbi, secondee Alex Storozum, and London partner Thomas Forschbach, with associates Maarten Overmars and Adam Czernikiewicz. Advice was also provided on tax matters by New York partner Eric Kamerman, with associate Lukas Kutilek; on finance matters by New York partner Josh Tinkelman, with associate Sonja Pollack; on healthcare regulatory matters by Washington, D.C. partners Stuart Kurlander and Elizabeth Richards and Washington, D.C. counsel Betty Pang; on benefits and compensation matters by Washington, D.C. partner Adam Kestenbaum, with associates Courtney Thomson, Ashlie Lawton, and Bryce Williamson; on intellectual property matters by New York counsel Carrie Girgenti, with associate Alan Kim; on data privacy matters by Bay Area partner Heather Deixler and Houston counsel Robert Brown, with associates Oliver Mobasser and Kiara Vaughn; on real estate matters by New York counsel Shira Bressler, with associate Yerin Yang; on environmental matters by New York counsel David Langer, with associate Qingyi Pan; on antitrust matters by Washington, D.C. partners Mandy Reeves and Katherine Rocco, Washington, D.C. counsel Britton Davis, and Brussels counsel Tomas Nilsson, with associates Carla Palma and Rebecca Frumento; on CFIUS matters by Washington, D.C. partner Jim Barker; on insurance matters by Los Angeles partner Drew Levin, with associate Harrison White; and on compliance matters by New York partner Ben Naftalis.
The transaction follows closely Astorg’s acquisition of OPEN Health from Amulet Capital Partners, for which Josh Tinkelman and Sonja Pollack advised on debt financing matters.