Michael V. Anastasio

Michael’s representative experience includes advising:

Strategic Transactions

• Endeavor in:
  • Its US$13 billion sale to Silver Lake
  • Its pending sale of IMG ARENA to Sportradar
  • Its sale of Professional Bull Riders, On Location, and IMG to TKO in an all-equity transaction valued at US$3.25 billion
  • Its US$21 billion merger of UFC and WWE
  • Its US$1.25 billion sale of IMG Academy
  • Its acquisition of a majority stake in Barrett-Jackson
  • Its US$800 million acquisition of OpenBet from Light & Wonder
  • Its US$775 million sale of 80% of Endeavor Content to CJ ENM
  • The combination of its IMG College business with Learfield Communications*
• Endeavor, Silver Lake Partners, and KKR in their acquisition of UFC*
• TKO in its launch of a boxing promotion with HE Turki Alalshikh and Sela
• Authentic Brands Group in its:
  • Pending US$1.4 billion acquisition of Guess?
  • Acquisition of Champion
  • Acquisition of Boardriders (Quicksilver, Billabong)
  • Acquisition of Reebok
  • Acquisition of Sports Illustrated*
• LeanIX in its sale to SAP
• Hyundai Motor Group in its:
  • Acquisition of an 80% interest in Boston Dynamics from SoftBank in a transaction valuing Boston Dynamics at US$1.1 billion
  • US$4 billion joint venture with Aptiv to form an autonomous driving platform
• Rackspace Hosting in its acquisitions of Datapipe and Tricore Solutions*
• Virtu Financial in its acquisition of KCG Holdings for approximately US$1.4 billion*
• Earthlink Holdings in its acquisition by Windstream Holdings for approximately US$1.1 billion*
• The Kraft Heinz Company in its acquisition of Primal Nutrition*
• NuStar Energy in the sale of 50% of its asphalt business and entry into a joint venture with Lindsay Goldberg*

Private Equity Transactions

• Silver Lake:
  • As part of a consortium, in the pending US$55 billion acquisition of Electronic Arts
  • In its US$12.5 billion acquisition of Qualtrics
  • In its US$500 million investment in Shadowbox Studios
• Funds managed by affiliates of Apollo Global Management in numerous transactions, including:
  • Acquisition of Barnes Group Inc. for approximately US$3.6 billion
  • US$1.4 billion offer by Concord Chorus Limited for Hipgnosis Song Fund Limited
  • Acquisition of Rackspace Hosting for approximately US$4.3 billion*
  • Acquisition of The ADT Corporation for approximately US$6.9 billion*
  • Sale of Vectra’s EaglePicher business to affiliates of GTCR*
• General Atlantic in numerous transactions, including:
  • Acquisition of Too Faced Cosmetics*
  • Strategic investments in:
    • Aimbridge Hospitality Holdings*
    • Opendoor Labs*
    • Alkami Technology*
    • Avant*
    • Barteca Holdings*
  • Sale of Aimbridge Hospitality Holdings to Advent International*
  • Sale of Barteca Holdings to Del Frisco’s Restaurant Group*
• Cornell Capital in its acquisition of WKI Holding Company (now Corelle Brands)*
• GP Investments in its acquisition of Bravo Brio Restaurant Group (now called FoodFirst Global Restaurants)*
• Prime Clerk in its acquisition by funds managed by affiliates of The Carlyle Group, and subsequently in its acquisition by Duff & Phelps*

SPAC Transactions

• Transfix in its US$1.1 billion merger with G Squared Ascend I (terminated)
• Vacasa in its US$4.5 billion merger with TPG Pace Solutions
• Bird Rides in its US$2.3 billion merger with Switchback II Corporation
• The Beachbody Company in its US$2.9 billion merger with Forest Road Acquisition Corp. and Myx Fitness
• Opendoor Labs in its US$4.8 billion merger with Social Capital Hedosophia Holdings II

*Matter handled prior to joining Latham