Latham & Watkins Advises Silver Lake in US$500 Million Strategic Investment in Shadowbox Studios

Members of the firm’s M&A and Entertainment, Sports & Media Practices represent the global technology investment firm.

June 14, 2022

Shadowbox Studios (Shadowbox), a premium operator of purpose-built soundstage facilities, has announced a strategic investment from Silver Lake, the global leader in technology investing. The investment includes a capital commitment of US$500 million that will support Shadowbox’s growth strategy, including existing soundstage development projects in the Atlanta, London, and Los Angeles metro areas with over US$1.5 billion of expected capital investment. Silver Lake will partner with existing investor Commonwealth Asset Management, which remains the majority shareholder.

Latham & Watkins LLP represents Silver Lake in the transaction with a corporate and entertainment, sports and media deal team led by New York partners Justin Hamill and Michael Anastasio and Century City partners Rick Offsay and Kendall Johnson. Advice was also provided on real estate matters by Century City partner Meghan Cocci; on environment, land and resources matters by Los Angeles partner Maria Pilar Hoye; on tax matters by Bay Area partner Katharine Moir; on benefits and compensation matters by Bay Area partner Erin Murphy; and on data and technology transactions matters by Los Angeles partner Ghaith Mahmood and Washington, D.C. partner Tony Kim.

Notice: We appreciate your interest in Latham & Watkins. If your inquiry relates to a legal matter and you are not already a current client of the firm, please do not transmit any confidential information to us. Before taking on a representation, we must determine whether we are in a position to assist you and agree on the terms and conditions of engagement with you. Until we have completed such steps, we will not be deemed to have a lawyer-client relationship with you, and will have no duty to keep confidential the information we receive from you. Thank you for your understanding.