Latham & Watkins Advises on Osaic’s US$13.5 Billion Acquisition of CW Advisors

Osaic, Inc. (Osaic), one of the nation’s largest providers of wealth management solutions and a portfolio company of Reverence Capital Partners, has announced the acquisition of CW Advisors, LLC (CW Advisors), a Boston-based registered investment advisor (RIA) managing US$13.5 billion in fee-only client assets. CW Advisors serves high-net-worth and ultra-high-net-worth clients through its core wealth management and family office platform, with 140 professionals across 17 offices.

Latham & Watkins LLP represents the lenders in the transaction with a finance team led by New York partner Jesse Sheff and New York counsel Preeta Paragash, with associate Youn Song and assistance from Sam Wintergreen-Arthur. Advice was also provided on tax matters by New York partner Bora Bozkurt, with associate Michael Yu; on banking matters by Los Angeles/Bay Area counsel Katherine Page, with associate Nilam Faqhir; on benefits and labor matters by Chicago partner Benjamin Rosemergy, with associate Kevin Matheny; on intellectual property matters by associate Zachary Shufro; on data privacy matters by associates Kiara Vaughn and Tanisha Mugwimi; on investment advisory matters by Washington, D.C. partner Aaron Gilbride; and on litigation matters by Los Angeles counsel Nathan Saper.