Latham Advises Platinum Equity in Acquisition of XD Connects

Latham & Watkins has advised Platinum Equity on its acquisition of XD Connects, a leading designer and value-added supplier of corporate gifts. The potential transaction remains subject to customary closing conditions, including regulatory approvals.

The acquisition follows Platinum Equity’s recently announced agreement to acquire Solo, a pan-European supplier of corporate marketing goods, on which Latham also advised. The envisioned combination with Solo will provide added scale, expanded product portfolio, and enhanced geographical reach, positioning both companies for growth in Europe’s custom-branded merchandise industry.

The Latham team was led by London corporate partners Tom Evans and Maarten Overmars, with associates Oliver Smith and Jia Yan Ng. Advice was also provided on finance matters by London partners Dominic Newcomb and Hendrik Smit, with associates Julie Van der Meersche, Avtar Singh Rai, and Isuri De Alwis; on tax matters by London partner Karl Mah, with associate Joshua James Atkinson; on antitrust matters by Brussels partner Anthemis Economou, with associates Panos Kokkinidis, Olafur Klein, and Anna Escrigas Cañameras, with assistance from Daniela Celada; on compliance matters by London partner Clare Nida, with associates Thomas Lane and Matthew Unsworth; and on ESG matters by London partner Michael Green, with associate James Bee.