Latham Advises on Financing for Charlesbank Capital Partners’ Strategic Growth Investment in Wood Smith Henning & Berman for Formation of MSO
Wood Smith Henning & Berman, LLP (WSHB or the firm), a national trial firm, has announced the formation of WSHB Support Services, a management services organization (MSO) that will provide non-legal operational infrastructure and support to the firm, enabled by a strategic investment from Charlesbank Capital Partners, a middle-market investment firm. WSHB will remain an independent law firm, with its lawyers retaining sole authority over the practice of law and client matters.
Latham & Watkins LLP represented the financing sources supporting the transaction with a team led by partners Stelios Saffos, Global Chair of Latham’s Capital Markets and Hybrid Capital practices, Alfred Xue, Global Vice Chair of Latham’s Banking & Private Credit Practice, John Lister, and Kelly Egers and counsel Katherine Page, with associates Chiara Eramo and Darcy Kuang. Advice was also provided on tax matters by partner Bora Bozkurt, with associate George Yu; on executive compensation, employment, and benefits matters by partner Sandra Benjamin; on compliance matters by associates Matthew Gregory and Dillon Curtis; on uniform commercial code matters by partner Brian Rock; and on regulatory matters by partner Robert Malionek, with associates Mohamed Said and Sebastian Peskind.