Latham Advises Gathern on US$72 Million Series B Fundraising
Latham & Watkins has advised Gathern, a peer-to-peer (P2P) vacation rental marketplace, on its US$72 million Series B financing round. The funding round values Gathern at over US$266 million.
The new capital will help Gathern prepare for an IPO on Tadawul while also accelerating expansion across Saudi Arabia and the wider region.
The round was led by Sanabil Investments, with participation from STV, Pinnacle Capital, Nuwa Capital, and Endeavor Catalyst.
The Latham team was led by Eyad Latif and Omar Maayeh, with associate Rehab Ahmed Abdelwahab.