Latham & Watkins Advises Searchlight Capital Partners on its Strategic Investment in Sightline Payments

Searchlight Capital Partners, a leading global private investment firm, has announced a strategic investment into Sightline Payments (Sightline), a company enabling the next generation of cashless, mobile, and omni-channel commerce solutions for the gaming, lottery, sports betting, entertainment, and hospitality ecosystems, at a post-money valuation of US$525 million.

Latham & Watkins LLP represents Searchlight in the transaction with a corporate deal team led by partners David Beller and Eric Schwartzman, with associates Andrew Moosmann, Thomas Engelhardt, Kyle Adams, Briana Goncalves, and Max Miroff. Advice was provided on investment funds matters by partner Andrea Schwartzman, with associates Oliver Prakash-Jenkins, Christina Singh, and Molly Silverstein; on gaming regulatory matters by partner Brett Rosenblatt; on payments regulatory matters by partner Todd Beauchamp, with associate Charles Weinstein; on tax matters by partners Matthew Dewitz and Greg Hannibal; on benefits and compensation matters by partner Adam Kestenbaum, with associate Kirk Porter; on intellectual property matters by partner Steve Betensky, with associate Caroline Herald; on antitrust matters by partner Jason Cruise, with counsels Patrick English and Tomas Nilsson; on anti-corruption issues by partner Kevin Chambers; on real estate property matters by counsel Shira Bressler, with associate Michael Nieberg; on sanctions matters by partner Les Carnegie, with associate Elizabeth Annis; on environmental, land, and resources matters by counsel David Langer, with associate Ben Einhouse; on data privacy matters by counsel Robert Blamires, with associate Kiara Vaughn; on government contracts issues by counsel Kyle Jefcoat and on insurance matters by partner Drew Levin, with associates Hannah Cary and Celia Lown.