Latham & Watkins Advises Sequence Holdings in Financings and Strategic Partnership With BankSouth

BankSouth, a US$1.6 billion-asset community bank headquartered in Greensboro, Georgia, has announced a strategic partnership with Sequence Holdings, a permanent holding company that enhances the operations of established businesses through advanced technology. Through the partnership, a team of engineers from Sequence Holdings — with experience at leading global innovators including Palantir, Scale AI, and Apple — will work side-by-side with BankSouth’s team to build and deploy artificial intelligence-powered tools designed to make banking faster, simpler, and most importantly, more personal for customers.

This follows Sequence Holding’s emergence from stealth with the closing of US$75 million seed round, led by Conviction and 8VC, and Series A led by Lux Capital, joined by Definition, Avenir, Chris Ré, and other leading institutional partners.

Latham & Watkins LLP represented Sequence Holdings in the transactions. On the strategic partnership with BankSouth, the deal team was led by Bay Area partner Seth Gottlieb and Boston partner Dan Hoffman, with associate Michael Bevilacqua. Advice was also provided on data and technology transactions matters by associate Nick Goshgarian; on bank regulatory matters by New York partner Arthur Long and London/New York counsel Pia Naib; and on mortgage and insurance regulatory matters by Washington, D.C. partner Parag Patel and New York counsel Benjamin Lee, with associate Connor Jobes. On the financings, the deal team was led by Bay Area partner Seth Gottlieb and Chicago partner Jana Kovich, with associates Aubrey Thompson Jr. and Camille N'Diaye-Muller.