Latham & Watkins Advises ŌURA in US$625 Million Acquisition of Counsel Health

ŌURA, a leading health intelligence platform and maker of the world’s smallest smart ring, has entered into a definitive agreement to acquire Counsel Health, an AI-native primary care company, for US$625 million in cash, subject to purchase price adjustments. The transaction is expected to close before the end of the calendar year.

Latham & Watkins LLP represents ŌURA in the transaction with a corporate team led by partners Chad Rolston and Nima Movahedi, with associates Tiana Baghdikian, Rebecca Dixon, Alvina Olivier, and Chloe Wallace. Advice was also provided on tax matters by partner Katharine Moir, with associate Gregory Conyers; on executive compensation, employment, and benefits matters by partner Ashley Wagner; on labor and employment matters by partner Joseph Farrell, with associate Juan Rehl-Garcia; on FDA matters by partner Elizabeth Richards, with associate Samantha Maney; on healthcare matters by partner Betty Pang and counsel Yanyan Zhou; on data privacy matters by partners Heather Deixler and Robert Brown, with associate Ryleigh Chen; on intellectual property matters by partner Michelle Gross, with associates Kashira Patterson, Rachel Oh, Billy Kosmidis, and Campbell Maier (Scheer); on antitrust matters by partners Joshua Holian and Patrick English, with associate Hanna Nunez Tse; on FCPA matters by counsel Timothy McCarten; on trade control matters by partner Damara Chambers and counsel Ruchi Gill, with associate Amulya Vadapalli; and on insurance matters by partner Harrison White, with associate Enrique Covarrubias.