David Beller

David’s experience includes advising:

Private Equity Transactions

• The Blackstone Group on multiple transactions including:
  • The sale of portfolio company Hotwire to funds managed by Brookfield Infrastructure in a deal reported by the Wall Street Journal to be valued at US$7 billion
  • Its equity investment in Western LNG to fund the remaining development activities for the Ksi Lisims LNG and Prince Rupert Gas Transmission (PRGT) projects through to a final investment decision
  • Selling a US$7 billion stake in Cheniere Energy
  • Acquiring the US motorway operations of HMSHost, an Autogrill subsidiary
• Canada Pension Plan Investment Board (CPP Investments) on multiple transactions including:
  • Its US$6.2 billion acquisition of ALLETE, a leading energy and regulated utility company
  • Preferred equity investment in Excelitas, a leading photonics technology company specializing in sensing, detection, imaging, and illumination solutions
• Searchlight Capital Partners on multiple transactions including:
  • Antitrust clearance of portfolio company Flowbird’s sale to Easypark Group, a provider of digital parking and mobility solutions
  • Its strategic investment in Mainstream Fiber Networks, which provides internet services to rural Indiana
  • Its strategic investment in Wecom, an Arizona-based internet service provider
  • Its take-private acquisition of Hemisphere Media Group, the only publicly traded pure-play US media company targeting the Spanish-language television and cable networks business in the US and Latin America
  • Its minority investment in Euclid Transactional, an underwriter of transactional insurance products
  • Its acquisition of Adams Outdoor Advertising, a large US outdoor advertising operator
  • Its strategic investment in All Points Broadband, which deploys fiber and fixed-wireless technology throughout Virginia, West Virginia, Maryland, and Kentucky
  • Its acquisition of Care Advantage, which provides in-home care support
  • Its strategic investment in Sightline Payments, a provider of digital payment and wallet solutions
  • Its preferred equity investment in MediaMath, which delivers digital advertising technology, and subsequent out-of-court restructuring
  • Its strategic investment in Global Eagle Entertainment, now known as Anuvu, a provider of connectivity and entertainment solutions for mobility markets*
  • Portfolio company 160over90’s sale to Endeavor Global Marketing, a global leader in sports, entertainment, and fashion, as advisor to 160over90*
• Funds managed by Apollo Global Management affiliates on multiple transactions, including the:
  • Antitrust aspects of the US$2.7 billion acquisitions of Shutterfly and Snapfish and their subsequent combination
  • US$2.2 billion acquisition of ClubCorp*
  • US$1.47 billion initial public offering of portfolio company ADT common stock*
  • US$1.4 billion acquisition of NewPage Holdings by portfolio company Verso Paper*
  • Acquisition of a majority of the outstanding equity interests in CareerBuilder, LLC, alongside Ontario Teachers’ Pension Plan Board*
• Astorg Partners on multiple transactions including:
  • The sale of its portfolio company Anaqua, an IP management software business, to Nordic Capital in a deal reported to be worth US$2.5 billion
  • Its investment in eResearchTechnology (now known as Clario) at a reported value of US$3.8 billion
  • Portfolio company Clario in the following matters:
    • Carve-out acquisition of WCG’s eCOA business 
    • Acquisition of ArtiQ, a Belgium-based medical software company focused on the diagnosis and treatment for patients with lung diseases
    • Acquisition of Inofab, a Turkey-based digital respiratory health platform for chronic conditions
    • The sale of its Software Solutions business, an end-to-end solution to support the clinical trial life cycle, to Sitero
    • The sale of its Drug Safety Solutions to Stanley Capital Partners
    • US$5.9 billion merger with BioClinica
  • Portfolio company Solina’s carve-out acquisition of Saratoga Food Specialties business from Smithfield Foods
  • Portfolio company IQ-EQ’s acquisition of:
    • South Watch LLC, a hedge fund administration provider
    • JGM Fund Services and JGM Fund Administration, two providers of integrated account, tax, fund management, and investor services 
    • Greyline Partners, LLC, a provider of governance and regulatory compliance solutions
    • Blue River Partners, a provider of outsourced solutions to alternative asset managers
    • Constellation, a company providing services to investment funds
  • Portfolio company Corsearch’s acquisition of Incopro, an online brand protection provider
  • Portfolio company Anaqua’s acquisition of:
    • Actio IP, a tech-enabled IP services company
    • SeeUnity, a provider of API-based content integration and migration software products
    • Quantify IP, a provider of IP management solutions
    • O P Solutions, an IP management software and practice automation provider
  • Acquiring OPEN Health, a provider healthcare marketing, and its acquisition of Acsel Health and The CM Group
  • Acquiring Corsearch from Audax Private Equity
  • Acquiring Anaqua from Insight Venture Partners
• Bain Capital Private Equity on acquiring:
  • American Trailer Works, a trailer manufacturer*
  • Big Tex Trailers, a manufacturer of professional-grade trailers*
  • MSX International, a provider of retail network and human capital solutions*
• North Bridge ESG, a provider of real estate finance solutions, in its strategic investment and partnership with Carlyle to provide up to US$1 billion in private credit C-PACE financing
• KKR on its investment in Blue Sprig Pediatrics and Blue Sprig’s subsequent acquisition of SCP Autism Services
• CVC Capital Partners on acquiring a majority stake in communications and advisory firm Teneo from BC Partners
• Goldman Sachs’ merchant banking division on multiple transactions including:
  • Its acquisition of Capital Vision Services from Altas Partners and CDPQ
  • Its preferred equity refinancing with Sixth Street in MyEyeDr, a national chain of vision care centers
• Funds advised by Morgan Stanley Capital Partners on multiple transactions including:
  • Acquiring Apex Companies, a provider of water resource management and related environmental services
  • The acquisition alongside and Leif Höegh & Co, through a 50/50 joint venture, on its NOK 1.8 billion take-private acquisition of Höegh LNG, a Norway-based LNG transportation and services company
• Inflexion Private Equity Partner’s acquisition of Enviolo, a Netherlands-based manufacturing company of e-bike components
• Beach Point Capital Management in its strategic investment in Walker Digital Table Systems, a provider of smart casino table games solutions
• One Equity Partners in its equity investment in Infobip, a Croatia-based provider of a cloud communications platform
• Starr Investments on multiple transactions including:
  • Its acquisition of Multiplan for US$4.4 billion from Silver Lake and BC Partners*
  • Its sale of Multiplan for US$7.5 billion to Hellman & Friedman*
  • Its investment in CHG Staffing alongside Leonard Green and Ares*
• Gamut Capital Management on multiple transactions including:
  • Its investment in International Automotive Components Group S.A.*
  • Its acquisition of JPW Industries, Inc. and its global affiliates*
• ZM Capital on its sale of Cast & Crew to Silver Lake*
• ABRY Partners on its acquisition of Aegis Sciences Corp.*
• Trilantic Capital on multiple transactions including:
  • Its acquisition of 24/7 InTouch (now known as IntouchCX) a provider of multichannel contact center outsourcing services in North America
  • Its acquisition of Home Franchise Concepts*
  • Its sale of Implus to Berkshire Partners*
• Palladium Equity on multiple transactions including:
  • Its acquisition of TransForce*
  • Its acquisition of GoodWest*
• Centerview Capital on its majority investment in Ole Smoky Tennessee Moonshine*

Strategic M&A Transactions

• AvidXchange on its US$2.2 billion acquisition by TPG in partnership with Corpay
• Sightline Payments, a payment solutions provider for mobile gaming companies and the casino industry, in multiple capital raises and strategic transactions, including:
  • Its sale of mobile business assets to NRT Technologies
  • Its acquisition of JOINGO, a mobile engagement and loyalty platform for the casino gaming industry
• Via on acquiring Remix
• Amur Equipment Finance on its sale to PIMCO
• Talen Energy on its US$5.2 billion sale to Riverstone Holdings*
• Clearwire on Sprint’s acquiring the remaining stake in Clearwire, implying a US$14 billion enterprise value, and on DISH Networks’ unsolicited competing offer for Clearwire*
• The Macerich Company on Simon Property Group’s US$23.2 billion unsolicited takeover offer and the subsequent settlement agreement with two activist investors*
• Accenture on its acquisition of Mortgage Cadence LLC, a loan origination software and electronic document management services provider*
• Official Payments Holdings, Inc. on its sale to ACI Worldwide, a leading payment provider, for total consideration of approximately US$149 million*

Activism Defense

• The Board of Directors of Affinity Gaming in its defense of a proxy contest by its largest shareholder*
• SunEdison’s Board of Directors on its settlement agreement with activist investor Greenlight Capital*
• Ashford Hospitality Trust, Inc. and its affiliated investment advisor, Ashford Inc., on a range of corporate governance matters, including the implementation of a shareholder rights plan following the spinoff of Ashford Inc. into a new publicly traded company, as well as successfully defending Ashford Hospitality Trust against a dissident proxy solicitation*

*Matter handled prior to joining Latham