December 20, 2021
Latham & Watkins is advising CVC Growth
Funds (CVC Growth) on its acquisition of a stake in TechInsights, an
information services platform for the microelectronics sector, from Oakley
Capital Private Equity Fund III. As part of the transaction, Oakley Capital
Fund IV will acquire a majority stake in TechInsights alongside CVC Growth, to
benefit from the strong future growth potential of the business, as well as the
significant strategic and sectoral synergies CVC Growth offers.
The Latham team was led by London corporate
partners Linzi Thomas and Kem Ihenacho, with associates Maarten Overmars,
Michael Houlder, and Warren Wellington. Linzi Thomas and Kem Ihenacho
previously represented CVC Growth on its strategic investment in Omada A/S.