Latham & Watkins Advises Vertiv in Secondary Offering
Vertiv Holdings Co (Vertiv) (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 (Platinum), an affiliate of Platinum Equity, LLC, pursuant to an effective registration statement on file with the Securities and Exchange Commission (the SEC) and Platinum’s registration rights agreement with Vertiv.
Latham & Watkins LLP represents Vertiv in the transaction with a deal team led by Austin partner David Miller, Houston partner Nick Dhesi and Houston associate Om Pandya, along with Houston associates Ziyad Barghouthy, Brian Bruzzo, and Justin Reinking. Advice was provided on tax matters by Houston partners Bryant Lee and Jim Cole, with Houston associate Dominick Constantino; and on environmental matters by Los Angeles/Houston partner Joshua Marnitz.