Defocused shot of a group of businesspeople having a discussion in an office
Our Work

Latham & Watkins Advises Unison and Carlyle in Sale of a Majority Stake in Unison to Madison Dearborn Partners

July 13, 2022
Multidisciplinary deal team represents Unison and global investment firm Carlyle, which will remain a strategic partner in Unison as a minority investor.

Unison, a leading provider of procurement, supply chain, and contract management software to US federal government agencies and government contractors, has announced that it will receive a strategic majority investment from funds affiliated with Madison Dearborn Partners, LLC (MDP), a leading private equity investment firm based in Chicago. As part of the transaction, funds managed by global investment firm Carlyle (NASDAQ: CG) will sell its majority stake to MDP, while remaining a strategic partner as a minority investor. MDP joins existing investors, Carlyle and Unison management, to provide additional resources and industry expertise to help Unison continue to enhance its innovative software offerings and growth trajectory. Financial terms were not disclosed.

Latham & Watkins LLP represents Unison and Carlyle in the transaction with a corporate deal team led by Washington, D.C. partners Paul Sheridan and Victoria VanStekelenburg, with associates Mariclaire Petty, Brad Johnson, and Maddie Merkle. Advice was also provided on tax matters by New York partner David Raab, with associate Ron Moore; on private equity finance matters by Washington, D.C. partner Jeffrey Chenard, with associates Jennifer Kent, Marie Greenman, and Anya Tirelli; on intellectual property matters by New York partner Steven Betensky; on benefits and compensation matters by Washington, D.C. partner David Della Rocca; on government contracts matters by Washington, D.C. partner Kyle Jefcoat; on data privacy matters by Washington, D.C. partner Marissa Boynton; on anti-corruption matters by Washington, D.C. partner Erin Brown Jones; on sanctions matters by Washington, D.C. partner Les Carnegie; on environmental matters by Washington, D.C. partner James Barrett; and on antitrust matters by Washington, D.C. partner Marc Williamson, Brussels partner Luca Crocco, and Washington, D.C. counsel Peter Todaro.

Endnotes