Latham Tops List of Law Firms for Major PE Deals in 2024
In a recent report published by Bloomberg Law, it was highlighted that Latham led all law firms advising on the most significant private equity deals of 2024. This recognition underscores Latham’s exceptional ability to handle complex transactions on a global scale within the private equity landscape.
Among the noteworthy transactions that Latham played a key role in are:
– Latham’s London-based team provided counsel to EQT, CPP Investments, and Nord Anglia Education in the sale of Nord Anglia Education to a consortium led by Neuberger Berman Private Markets, EQT, and CPP Investments. This deal, valued at US$14.5 billion, marks a substantial transaction in the global education sector, making it one of the largest in Europe for the year.
– A New York team at Latham advised SRS Distribution, a prominent distributor of roofing, landscaping, and pool products in the US, in its US$18.25 billion acquisition by The Home Depot (NYSE: HD), the world’s largest home improvement retailer. This acquisition stands as the fourth-largest US private equity exit to date.
– Additionally, Latham’s New York office represented various parties in financings totaling approximately US$9.18 billion to facilitate Stone Point Capital and Clayton, Dubilier & Rice’s acquisition of Truist Insurance Holdings. This landmark acquisition valued Truist Insurance Holdings at US$15.5 billion and is recognized as one of the largest take-private transactions of 2024.
Paul Kukish, Global Chair of Latham’s Private Equity Practice, expressed pride in the firm’s role in these significant transactions, emphasizing Latham’s unmatched experience and success in handling diverse, high-value deals. The firm’s ability to serve in multiple capacities, from M&A advisory to sophisticated financing representation, showcases their comprehensive understanding of the market and sets them apart in the private equity sector.
