Latham & Watkins Advises Veritas Capital on US$1.1 Billion Sale of Epiq Solutions to TTM Technologies

Veritas Capital (Veritas), a leading investor at the intersection of technology and government, has announced that an affiliate of Veritas, through its Vantage strategy, has entered into a definitive agreement to sell EPIQ Design Solutions LLC and its subsidiaries (Epiq) to TTM Technologies, Inc. (Nasdaq: TTMI), a leading global manufacturer of technology products, for a purchase price of US$1.1 billion. The transaction is subject to customary regulatory conditions and is expected to close by the end of 2026.

Latham & Watkins LLP represents Epiq and Veritas in the transaction with a corporate deal team led by Bay Area partners Luke Bergstrom, Chad Rolston, and counsel Danny Nordstrom, with associates Ryan Baker,* Lynn Teng,** Alex Bogdon, Jordyn Hartunian, Kelsey MacKinnon, Connor McCroskey, and Eugene Yang. Advice was also provided on intellectual property matters by Bay Area partner Michelle Gross, with associates Kashira Patterson,*** Tyler Israel, and Wes Dantzler; on tax matters by Los Angeles partner Pardis Zomorodi and Los Angeles counsel Will Kessler; on labor and employment matters by New York partner Sandy Benjamin, with associate Sahar Merchant; on compensation and benefits matters by Los Angeles partner Julie Crisp, with associates Aaron Tso and Erica Shin; on finance matters by Los Angeles partner Mark Morris and New York/Los Angeles partner Nathan Whitaker, with associate Rychelle Andersen; on real estate matters by San Diego counsel Achraf Farraj, with associates Liviya James*** and Isabel Pentland; and on environmental matters by New York counsel David Langer.

*Admitted to practice in New York and Illinois.
**Admitted to practice in New York and Washington, D.C.
***Admitted to practice in New York.