Michael D. Rackham

• EQT Private Capital Asia on its proposed bid to acquire a cricket franchise in the Indian Premier League (IPL)
• EQT Private Capital Asia on its proposed bid to acquire a Southeast Asian K-12 education and schools platform
• Affinity Equity Partners on the acquisition of 90% of issued share capital of PT Yupi Indo Jelly Gum, the largest manufacturer of gummy candy in Southeast Asia
• CVC on the acquisition of a majority stake in Professional Services, Inc. (The Medical City), a Philippines-based network of private hospitals and clinics
• Platinum Equity on the acquisition of Inventia Healthcare, an Indian pharmaceutical development and manufacturing company of solid oral drug delivery systems
• TPG Capital on the acquisition of a controlling stake in Malaysia’s Asia Pacific University of Technology and Innovation, a premier private university. This transaction was awarded Best Private Equity Deal: Southeast Asia at the FinanceAsia Achievement Awards 2024
• A large Asia-headquartered fund on multiple acquisitions in Asia for the purpose of creating a new global business services platform, Ascentium
• Ares Management Corporation on the US$3.7 billion acquisition of GCP International, the international business (excluding operations in Greater China) of GLP Capital Partners, an alternative asset manager
• A large Asia-headquartered fund on the US$11.6 billion acquisition, together with HOPU, founder Ming Mei’s SMG, Bank of China Group Investment and China Vanke, of Global Logistics Properties*
• TPG Capital on the US$2 billion acquisition, as part of a consortium including PAG Asia Capital and Ontario Teachers’ Pension Plan, of Cushman & Wakefield by the consortium’s portfolio company, DTZ*
• The Carlyle Group, CITIC, and CITIC Capital Holdings on the US$2.08 billion acquisition of the McDonald’s operations in China and Hong Kong and negotiation of a 20-year master franchise agreement*
• Apax Funds on the acquisition of the software products business of 3i Infotech, an Indian IT solutions company listed on the National Stock Exchange of India Limited*

Private Equity Exits

• Ontario Teachers’ Pension Plan Board on the sale of a majority stake in Sahyadri Hospitals Group, an India-based healthcare provider, to Manipal Hospitals
• BPEA EQT Funds V and VI and portfolio company Vistra (BPEA EQT) on the merger of Vistra with Tricor, an existing BPEA EQT Fund VIII portfolio company, in a transaction that values the combined company at an enterprise value of US$6.5 billion. This transaction was awarded the Private Equity Exit of the Year (Large Cap) at AVCJ Private Equity & Venture Capital Awards 2023 and Best Private Equity Deal: Hong Kong at the FinanceAsia Achievement Awards 2023
• Partners Group on the disposal of Straive, a leading global provider of technology-driven content and data solutions, to Baring Private Equity Asia, including its reinvestment into funds managed and advised by Baring Private Equity Asia
• TPG Capital on the disposal, together with Northstar, of a stake in Trinugraha Capital, a Luxembourg-based private equity firm, to Bravo Investments Limited in connection with the acquisition of PT BFI Finance, an Indonesia-based multifinance company
• Partners Group on the disposal of CSS Corp (now known as Movate), a digital technology and customer experience services company, to Capital Square Partners*
• Advantage Partners on its sale of TeleGuam Holdings, the principal telecommunications services provider in Guam, to Huntsman Family Investments*

Infrastructure and Real Estate

• ST Telemedia on the S$13.8 billion acquisition of ST Telemedia Global Data Centres (STT GDC), a leading data center colocation services provider, by global investment firm KKR and Singtel, Asia’s leading communications technology group (the consortium). The transaction represents one of the largest digital infrastructure transactions in Southeast Asia to date
• ST Telemedia Global Data Centres, a leading data center colocation services provider, on its SG$1.75 billion (approximately US$1.3 billion) investment from global investment firm KKR (through its Asia Pacific Infrastructure Investors II Fund), and Singtel, Asia’s leading communications technology group. The transaction marks the largest digital infrastructure investment in Southeast Asia to date in 2024, and was awarded M&A Deal of the Year at the ALB SE Asia Law Awards 2025
• Partners Group acting on behalf of its clients, on its acquisition of a controlling interest in Digital Halo, a Singapore-headquartered data center operator focused on Southeast Asia, from its existing shareholders, including ARCH Capital
• Cella Holdings, a joint venture between Partners Group and Xander Group, on its sale of 100% of the equity interests in three Indian warehouse and logistics park companies
• Tokyo Century Corporation, a leading Japanese non-banking financial services company, on a joint venture with SGX Mainboard-listed OUE Limited to jointly acquire the Crowne Plaza Changi Airport, for an acquisition price of S$500 million. Salter Brothers, a leading Australian alternative investment fund manager, acted as an adviser and investment manager to TC
• Tokyo Century Corporation, a leading Japanese non-banking financial services company, and Salter Brothers, a leading Australian alternative investment fund manager, on the joint venture between Tokyo Century Corporation (with Salter Brothers acting as TC’s investment manager) and SGX Mainboard-listed OUE Limited to develop Hotel Indigo Changi Airport, a new hotel at Singapore Changi Airport’s Terminal 2
• British Columbia Investment Management Corporation (BCI), as part of a global leading infrastructure investors consortium led by Macquarie Asset Management, on the raise of ¥150 billion to ¥300 billion (US$1-2 billion) in funds for the sale and leaseback of a portion of Rakuten Mobile’s mobile network assets. This transaction was awarded Asia-Pacific Deal of the Year at the Infrastructure Investor Awards 2024
• British Columbia Investment Management Corporation, alongside Abu Dhabi Investment Authority and RRJ Group as fellow consortium members, on the investment in Yinson Production, a Singapore-based independent owner and operator of floating production, storage, and offloading (FPSO) vessels globally, and a subsidiary of Yinson Holdings Berhad, a Malaysian energy and infrastructure conglomerate
• Alta Capital, an Indian investment and asset management firm, on the structured equity investment in Table Space Technologies, India’s leading managed office service provider
• Alta Capital, an Indian investment and asset management firm, on the structured equity investment in Good Host Spaces, a pan-India student housing platform
• GIC, Singapore’s sovereign wealth fund, in the more than US$1 billion co-investment with Equinix in the form of a limited liability partnership to develop and operate xScale™ data centers in Japan*
• Partners Group on the US$300 million investment in DJ New Ease Group, a developer and operator of logistical and industrial real estate projects and asset manager in the PRC majority-owned and controlled by Warburg Pincus and its founder, Sun Dong Ping*

*Matter handled prior to joining Latham