Latham & Watkins Advises Scaled Agile in Sale by Leeds Equity Partners

Leeds Equity Partners, the New York-based private equity firm exclusively dedicated to investing in the Knowledge Industries, has announced that it has entered into a definitive agreement to sell a majority stake in Scaled Agile, Inc., developer of the Scaled Agile Framework (SAFe®) and leading global provider of enterprise agility solutions, to Eurazeo. The transaction is expected to close in the fourth quarter of 2021, subject to customary conditions and regulatory approvals. Terms of the transaction were not disclosed. Post transaction, Leeds Equity will continue to maintain an investment in the Company and to serve on the Board of Directors.

Latham & Watkins LLP represents Scaled Agile in the transaction with a corporate deal team led by New York partner Jane Greyf, with associates Alyssa Galinsky, Julia von Türk, and Rachel Klein. Advice was also provided on tax matters by Century City partner Pardis Zomorodi, with associate Eric Kamerman; on benefits and compensation matters by New York partner Bradd Williamson, with associate Alisa Hand; on intellectual property matters by New York partner Steven Betensky; and on finance matters by New York partner Joshua Tinkelman and New York counsel Seniz Yakut, with associate Eric Luo.