ProfessionalsMatthew W. Abbott

Matthew W. Abbott
Partner
Tel: +1-212-373-3402
Fax: +1-212-492-0402
emailmabbott@paulweiss.com
1285 Avenue of the Americas
New York,
NY
10019-6064
Fax: +1-212-492-0402
- Practices
- Corporate
- Mergers & Acquisitions
- Private Equity
- Practices:
- Corporate
- Mergers & Acquisitions
- Private Equity
Matthew Abbott is a partner in the Corporate Department, Global Co-Chair of the firm’s Mergers & Acquisitions Group and a member of the Private Equity Group. He regularly represents strategic and private equity investors in public and private acquisitions and investments, divestitures, joint ventures and carve-out transactions.
AWARDS & RECOGNITIONS
In 2020, Matt was named a Law360 MVP in Private Equity, an elite slate of attorneys who have distinguished themselves in their respective practice areas. He is also recognized by Chambers USA, Chambers Global and The Legal 500 for his M&A work on Mega-Deals and Private Equity Buyouts. Matt was named to New York Law Journal’s list of “2013 Rising Stars,” which recognizes attorneys under the age of 40 who have “established a record of accomplishments and demonstrated that they are top contributors to the practice of law and their communities.” He has also been recognized as one of Investment Dealers’ Digest Magazine’s “40 Under 40,” a list compiled of some of the “best and brightest on Wall Street who are making their mark relatively early in their careers.”
EXPERIENCE
Matt's recent representations include advising:
- Agrium in its $36 billion merger of equals with Potash Corp., its $5 billion hostile bid for CF Industries, its $2.7 billion acquisition of UAP and its $1.2 billion acquisition of AWB
- AKQA, a leading digital advertising company, in its $565 million sale to WPP
- Aperture, the parent company of online broker OptionsHouse, in its $725 million sale to E*TRADE
- Birch Hill Equity Partners in the $2.3 billion sale of Shred-It International to Stericycle Inc., and in its investment in Uni-Select Inc.
- Blackstone Growth in its $200 million investment in Oatly AB
- Brighton Park Capital in its acquisition of a majority stake in RocketReach
- Brookfield in its acquisition of a 50% stake of Clayton, Dubilier & Rice's ownership interest in BrandSafway
- CareCore National in its merger with MedSolutions
- Citigroup in its acquisitions of First American Bank, a $3.5 billion financial institution, and payment processing company Ecount
- CLEAResult in its sale to TPG Growth and The Rise Fund
- Cornell Capital in its acquisition of World Kitchen
- Eldorado Gold in its $2 billion acquisition of Sino Gold
- Emdeon in its $3.1 billion sale to Blackstone
- EN Engineering in its sale to Kohlberg & Co.
- eviCore healthcare in its $3.6 billion sale to Express Scripts
- Farelogix in its proposed sale to Sabre Corporation, and in its sale to Accelya
- Francisco Partners and General Atlantic in their $1 billion agreement to acquire public semiconductor company Aeroflex (terminated during “go-shop” period)
- General Atlantic in more than 100 acquisitions, investments and divestitures involving its portfolio companies across multiple industry and geographical sectors, including: Business Services (Aimbridge, AppsFlyer, Axioma, CLEAResult, Comprehensive Educational Services [ACES], Creative Planning, EN Engineering, Engility, General Information Services, Kavak, Mu Sigma, Network Solutions, Quality Technology Services, TriNet and Trow); Financial Services (Adyen, Amerherst Pierpont, Aperture, Avant Credit, BMF Bovespa, Chime, First Republic Bank, Futu, Getco, IHS Markit, ING’s Latin American Pension and Wealth Management Business, Insurity, Karvy Fintech Private Limited, KCG, Neon Pagamentos, Network International (Dubai), the NYSE, NYMEX, Santander and XP Investimentos); Healthcare (Adagene, Alignment Healthcare, Align Networks, Doctor On Demand, Emdeon, eviCore Healthcare, Hong Kong Asia Medical Holding Limited, Hutchison China MediTech, Landmark Health, Marathon Health, MedExpress, Oak Street Health, OneOncology, Qualicorp, Royalty Pharma and Sanfer); Internet and Technology (Acesso Digital, Airbnb, Alibaba, Alkami Technology, AppDynamics, Authentic Brands Group, Benevity, BuzzFeed, com, Delivery Hero, Dice, Facebook, Flipp, Gympass, Hemnet, Invoice Cloud, Jio Platforms, Klarna, Peixe Urbano, Pendo.io, Property Finder, pymetrics, Quality Technology Services, QuintoAndar, Quizlet, Red Ventures, Riskified, Seismic, Session M, Slack, SnapAV, Snapchat, Sonendo, Squarespace, The Meet Group, Turbonomic, Uber, Vox Media and Yemek Sepeti); and Retail and Consumer (Barteca, European Wax Center, Gilt, Grupo Axo, Jumei International, Mi9 Retail, Morphe, Pague Menos, Privalia, Studio Moderna, Reliance Retail Ventures, Too Faced Cosmetics, Torchy’s Tacos and Tory Burch)
- General Information Services and General Atlantic in GIS’s acquisition of HireRight
- The Government of Canada in the $140 million sale of its interests in Chrysler Group to Fiat SpA
- Greenfield Online in its “go-shop” process and $500 million sale to Microsoft
- KKR and General Atlantic in the $1.65 billion acquisition of TASC from Northrop Grumman
- Maple Group Acquisition Corporation, a consortium of 13 leading Canadian financial institutions and pension funds, in its successful Cdn$3.8 billion unsolicited cash offer for the TMX Group, the owner of the Toronto Stock Exchange
- MacAndrews & Forbes in its $800 million acquisition of Clarke American from Honeywell International
- MedExpress in its sale to Optum, a division of UnitedHealth Group
- Network Solutions in its $1 billion sale to com
- Oak Hill Capital Partners and General Atlantic in their acquisition of Genpact from General Electric and subsequent $1 billion sale of Genpact to Bain Capital
- Ontario Teachers’ Pension Plan in its investments in TierPoint, US Farm Trust and Ascend Learning, and its sale of Ascend Learning to funds managed by Blackstone and Canada Pension Plan Investment Board
- Roark Capital Group in its sales of Batteries Plus and Quala Wash, its investments in Culver Franchising System and Drybar, its acquisitions of Great Expressions Dental Centers, International Car Wash Group and Jimmy John’s and the merger of Pet Valu and Pet Supermarket
- Sandler Capital Management in connection with the $2 billion sale of Xplornet Communications to Stonepeak Infrastructure Partners
- Silver Lake and General Atlantic in their acquisition of A Place for Mom, a portfolio company of Warburg Pincus
- SnapAV in its sale to affiliates of Hellman & Friedman
- SoftBank Vision Fund in its investment, alongside SoftBank Group Corp., of up to $1 billion in Rappi
- Teck Resources in its $1.5 billion private placement to China Investment Corporation (CIC)
- Time Warner Cable in its $58 billion bid for AT&T Broadband, its $9.8 billion restructuring of Time Warner Entertainment, its $3.6 billion sale of SpectrumCo, along with Comcast and Bright House, to Verizon Wireless, its $3.5 billion investment (along with Comcast, Google, Intel and Brighthouse) in Clearwire and its acquisition of 100% of ISP Road Runner from AT&T
- Too Faced Cosmetics in its $1.45 billion sale to The Estée Lauder Companies Inc.
- TPG, Oaktree Capital Management and JH Investments in the $1.2 billion acquisition of Taylor Wimpey’s North American real estate operations
- Tricon Capital in its $1.4 billion acquisition of Silver Bay Realty Trust Corp., a public REIT
- Tricon Residential in a $300 million PIPE investment in the company by a syndicate of investors led by Blackstone Real Estate Income Trust
- Vox Media in connection with a $200 million investment in the company by NBCUniversal
- Warburg Pincus and General Atlantic as lead consortium members in the $8.7 billion take-private of 58.com
- Warburg Pincus and General Atlantic in their €1.02 billion acquisition with of a 50 percent stake in Santander Asset Management
- Western Coal in its $3.3 billion stock and cash acquisition by Walter Energy
- Western Oil Sands in its $6.6 billion sale to Marathon Oil
- Wyndham International in its $3.2 billion sale to Blackstone
- YankeeNets in the sale of the New Jersey Nets and the New Jersey Devils and in the subsequent restructuring of the New York Yankees and the YES Entertainment Network
Related Resources
M&A at a Glance - 2020 Year-End Roundup
- Jan 15, 2021
- Publications
M&A at a Glance - 2020 Year-End Roundup
As might be expected in a year marked by a pandemic and the uncertainties of a U.S. presidential election, U.S. and global M&A were both down compared to 2019. Total U.S. deal value for the year was $1.4 trillion, while global…
2020 Year-End U.S. Legal & Regulatory Developments
- Jan 15, 2021
- Publications
2020 Year-End U.S. Legal & Regulatory Developments
In this alert, we summarize significant 2020 U.S. legal and regulatory developments of interest to Canadian companies and their advisors. The first section covers key developments from the fourth quarter of 2020; the second section…
M&A at a Glance (January 2021)
- Jan 14, 2021
- Publications
M&A at a Glance (January 2021)
M&A ended 2020 in the green, as activity increased by most measures in December. In the U.S., total deal value and deal count were up 59% and 22%, respectively, with both strategic and sponsor deals growing across both metrics for …
Delaware M&A Quarterly
- Jan 05, 2021
- Publications
Delaware M&A Quarterly
In this issue of the Paul, Weiss Delaware M&A Quarterly, we discuss several decisions of significance to the M&A practice issued during the fourth quarter of 2020.
M&A at a Glance (December)
- Dec 15, 2020
- Publications
M&A at a Glance (December)
After steady increases in U.S. M&A deal values since May, November saw a decline in aggregate U.S. deal value of 30%, led primarily by declines in strategic deal value, as well as in the number of transactions, which decreased by…
Benevity Announces Investment From Hg
- Dec 03, 2020
- Client News
Benevity Announces Investment From Hg
Paul, Weiss is advising Benevity, Inc., a General Atlantic portfolio company, in a strategic investment in Benevity by Hg, a leading European investor in software and services.
General Atlantic to Invest in Gen II Fund Services
- Dec 03, 2020
- Client News
General Atlantic to Invest in Gen II Fund Services
Paul, Weiss advised General Atlantic in its strategic investment, alongside Hg and IHS Markit, in Gen II Fund Services, LLC, a leading independent private equity fund administrator.
M&A at a Glance (November 2020)
- Nov 17, 2020
- Publications
M&A at a Glance (November 2020)
Global M&A activity declined in October, while U.S. activity, despite a 6% decline in the number of announced transactions, saw a 22% increase in total deal value.
General Atlantic and Buyer Consortium Acquire 58.com in $8.7 Billion Deal
- Sep 18, 2020
- Client News
General Atlantic and Buyer Consortium Acquire 58.com in $8.7 Billion Deal
Paul, Weiss advised General Atlantic, a lead member of an investor consortium, in its acquisition of 58.com, China's largest online classifieds marketplace.
Q3 2020 U.S. Legal & Regulatory Developments
- Oct 30, 2020
- Publications
Q3 2020 U.S. Legal & Regulatory Developments
The following is our summary of significant U.S. legal and regulatory developments during the third quarter of 2020 of interest to Canadian companies and their advisors.
M&A at a Glance (October 2020)
- Oct 15, 2020
- Publications
M&A at a Glance (October 2020)
Consistent with the trend observed in August, U.S. deal value again increased in September, by 3% to $171.5 billion, driven largely by a rise in the value of sponsor transactions. However, U.S. deal count decreased by 18% to 571…
Delaware M&A Quarterly
- Oct 06, 2020
- Publications
Delaware M&A Quarterly
In this issue of the Paul, Weiss Delaware M&A Quarterly, we discuss several decisions of significance to the M&A practice issued during the third quarter of 2020, as well as the 2020 amendments to the Delaware General…
General Atlantic to Invest $498 Million in Reliance's Retail Business
- Sep 29, 2020
- Client News
General Atlantic to Invest $498 Million in Reliance's Retail Business
Paul, Weiss is advising General Atlantic in its investment of INR 36.75 billion ($498.31 million) in Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, India’s largest private sector company.
September 2020 Private Equity Digest
- Sep 24, 2020
- Publications
September 2020 Private Equity Digest
Interest in special purpose acquisition companies (SPACs) has exploded in the last couple of years. In this issue of Private Equity digest, we discuss the pros and cons of some alternatives for private equity firms looking to…
General Atlantic Leads Series B Investment in Acesso Digital, Alongside SoftBank
- Sep 21, 2020
- Client News
General Atlantic Leads Series B Investment in Acesso Digital, Alongside SoftBank
Paul, Weiss is representing funds affiliated with General Atlantic LLC in its investment, together with the SoftBank Latin America Fund, in Acesso Digital, a Brazilian technology company specializing in digital identity authentication …
M&A at a Glance (September 2020)
- Sep 15, 2020
- Publications
M&A at a Glance (September 2020)
Following a mixed July, August saw deal activity for both strategic and sponsor transactions improve in the U.S., but decline globally.
Paul, Weiss Advises Tricon in PIPE Investment by Blackstone-led Syndicate
- Aug 28, 2020
- Client News
Paul, Weiss Advises Tricon in PIPE Investment by Blackstone-led Syndicate
Paul, Weiss advised Tricon Residential Inc., a North American rental housing company, in a $300 million (C$395 million) preferred equity investment in the company by a syndicate of investors led by Blackstone Real Estate Income Trust, …
General Atlantic and Buyer Consortium to Acquire 58.com in $8.7 Billion Deal
- Jun 15, 2020
- Client News
General Atlantic and Buyer Consortium to Acquire 58.com in $8.7 Billion Deal
Paul, Weiss is advising General Atlantic, a lead member of an investor consortium, in its acquisition of 58.com, China's largest online classifieds marketplace.
M&A at a Glance (June 2020)
- Jun 15, 2020
- Publications
M&A at a Glance (June 2020)
We are pleased this month to present our M&A at a Glance in a brand new format. This edition highlights that, while May points to tentative recovery, M&A activity was still markedly lower than in May 2019. Further, activity…
Sandler Capital Completes $2 Billion Sale of Xplornet to Stonepeak Partners
- Jun 10, 2020
- Client News
Sandler Capital Completes $2 Billion Sale of Xplornet to Stonepeak Partners
Paul, Weiss advised Sandler Capital Management in the sale of its portfolio company Xplornet Communications Inc., a Canada-based broadband service provider, to Stonepeak Infrastructure Partners for an enterprise value of $2 billion.
General Atlantic Invests $870 Million in Jio Platforms
- May 18, 2020
- Client News
General Atlantic Invests $870 Million in Jio Platforms
Paul, Weiss is advising General Atlantic LLC in its $870 million investment in Jio Platforms, the largest India-based telecommunications company. The investment, along with similar recent investments from Facebook Inc., Silver Lake…
M&A at a Glance (May 2020)
- May 14, 2020
- Publications
M&A at a Glance (May 2020)
COVID-19 had a marked impact on M&A in April, extending the decline observed in March across all measures. Globally, the number of deals decreased by 24.2%, to 2,036, and total deal value decreased by 44.3%, to $118.34 billion.
Delaware Court of Chancery Clarifies When Minority, Rollover Stockholders Become Controllers in a Take-Private Transaction
- May 04, 2020
- Publications
Delaware Court of Chancery Clarifies When Minority, Rollover Stockholders Become Controllers in a Take-Private Transaction
The court held that two minority stockholders did not effectively become controllers of a company by rolling over their shares in a going-private merger with the company’s majority stockholder.
M&A at a Glance (April 2020)
- Apr 13, 2020
- Publications
M&A at a Glance (April 2020)
As would be expected given the current environment, M&A activity globally and in the U.S. declined across almost all measures in March. Globally, the number of deals decreased by 3.2%, to 2,527, and total deal value decreased by…
Delaware M&A Quarterly
- Apr 06, 2020
- Publications
Delaware M&A Quarterly
In this issue of the Paul, Weiss Delaware M&A Quarterly, we discuss several decisions of significance to the M&A practice issued during the first quarter of 2020.
Ontario Teacher’s Pension Plan Invests in Tierpoint
- Mar 24, 2020
- Client News
Ontario Teacher’s Pension Plan Invests in Tierpoint
Paul, Weiss is advising Ontario Teachers’ Pension Plan, Canada’s largest single-profession plan with more than $200 billion in net assets, on its agreement with a consortium of investors to make a preferred equity investment in St.…
CARES Act to Expand Access to the SBA Loan Program
- Mar 26, 2020
- Publications
CARES Act to Expand Access to the SBA Loan Program
The CARES Act includes a new Small Business Act loan program that offers forgivable loans and waives certain affiliate aggregation requirements maintained by other SBA loans. We discuss the loan program and its implications for…
New York DFS Issues Emergency Regulation on Mortgage Forbearance and Certain Fees in Response to COVID-19 Pandemic
- Mar 25, 2020
- Publications
New York DFS Issues Emergency Regulation on Mortgage Forbearance and Certain Fees in Response to COVID-19 Pandemic
Under an emergency regulation issued by the NY Department of Financial Services, DFS-regulated banking organizations and mortgage servicers must grant a 90-day forbearance on residential mortgage payments for New York residents who…
Gov. Cuomo Requires New York-Regulated Banks to Grant Forbearances in Light of the COVID-19 Pandemic and Issues Related Directives to NY DFS
- Mar 23, 2020
- Publications
Gov. Cuomo Requires New York-Regulated Banks to Grant Forbearances in Light of the COVID-19 Pandemic and Issues Related Directives to NY DFS
N.Y. Gov. Andrew Cuomo has issued an executive order temporarily deeming the failure of a New York-regulated bank to grant a forbearance to an individual or business in certain circumstances an “unsafe and unsound” business practice.
March 2020 Private Equity Digest
- Mar 23, 2020
- Publications
March 2020 Private Equity Digest
Final regulations implementing the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA) recently went into effect. FIRRMA (and these new regulations) significantly expand the jurisdiction of the interagency Committee on…
COVID-19: Certain Considerations for Private Equity Firms and Portfolio Companies
- Mar 20, 2020
- Publications
COVID-19: Certain Considerations for Private Equity Firms and Portfolio Companies
With developments moving faster than can be captured in any single alert or memorandum, we prepared a guide to the range of issues that private equity firms and portfolio companies need to consider in navigating coronavirus (COVID-19) …
M&A at a Glance (March 2020)
- Mar 16, 2020
- Publications
M&A at a Glance (March 2020)
M&A activity globally and in the U.S. was mixed in February. Overall, the number of deals continued to decline in both the U.S. and the rest of the world, while total deal value showed signs of recovery relative to the low levels…
COVID-19: Debt Buyback Considerations
- Mar 13, 2020
- Publications
COVID-19: Debt Buyback Considerations
As market reaction to the coronavirus outbreak leads to declining trading prices for bank loans and notes, many debt issuers and their private equity sponsors are considering repurchasing their outstanding debt to capture discount. We …
General Atlantic and ProSiebenSat.1 to Acquire The Meet Group
- Mar 04, 2020
- Client News
General Atlantic and ProSiebenSat.1 to Acquire The Meet Group
Paul, Weiss advised General Atlantic LLC in its acquisition, with German media company ProSiebenSat.1, of leading mobile dating app The Meet Group, Inc. in an all-cash transaction representing an enterprise value of approximately $500 …
M&A at a Glance (February 2020)
- Feb 13, 2020
- Publications
M&A at a Glance (February 2020)
2020 got off to a slow start in terms of global M&A activity, which declined across all measures in January.
A Review of 2019 U.S. Private Equity Trends and Expectations for 2020
- Jan 23, 2020
- Publications
A Review of 2019 U.S. Private Equity Trends and Expectations for 2020
In this issue of the Private Equity Digest, we take a look at private equity trends in 2019 and possible developments for 2020.
2019 Year-End U.S. Legal & Regulatory Developments
- Jan 21, 2020
- Publications
2019 Year-End U.S. Legal & Regulatory Developments
The following is our summary of significant U.S. legal and regulatory developments during 2019 of interest to Canadian companies and their advisors.
Marathon Health Completes Strategic Combination with OurHealth
- Jan 16, 2020
- Client News
Marathon Health Completes Strategic Combination with OurHealth
Paul, Weiss advised General Atlantic and its portfolio company Marathon Health in Marathon Health’s strategic combination with OurHealth.
General Atlantic Makes Strategic Investment in Comprehensive Educational Services
- Jan 15, 2020
- Client News
General Atlantic Makes Strategic Investment in Comprehensive Educational Services
Paul, Weiss is advising General Atlantic in its strategic investment in Comprehensive Educational Services (ACES), which provides behavioral analysis and ancillary services to individuals and families impacted by autism or other…
M&A at a Glance - 2019 Year-End Roundup
- Jan 16, 2020
- Publications
M&A at a Glance - 2019 Year-End Roundup
2019 was the strongest year for U.S. M&A activity since 2015, but global M&A activity slowed compared to 2018 levels.
M&A at a Glance (January 2020)
- Jan 15, 2020
- Publications
M&A at a Glance (January 2020)
M&A activity declined across most measures in December 2019.
Delaware M&A Quarterly
- Jan 07, 2020
- Publications
Delaware M&A Quarterly
In this issue of the Paul, Weiss Delaware M&A Quarterly, we discuss several decisions of significance to the M&A practice issued during the fourth quarter of 2019.
General Atlantic Portfolio Company XP Completes IPO
- Dec 19, 2019
- Client News
General Atlantic Portfolio Company XP Completes IPO
Paul, Weiss advised General Atlantic as selling shareholder in portfolio company XP Inc.'s initial public offering.
M&A at a Glance (December 2019)
- Dec 16, 2019
- Publications
M&A at a Glance (December 2019)
M&A activity in the U.S. and worldwide was mixed in November. The number of deals continued to fall with a decline of 13.5% in the U.S., to 721, and of 7.7% globally, to 2,710. At the same time, total deal value rose by 48.3% in…
M&A at a Glance (November 2019)
- Nov 15, 2019
- Publications
M&A at a Glance (November 2019)
M&A activity in the U.S. and worldwide was mixed in October. The number of deals continued to fall with a decline of 11.2% in the U.S., to 744, and of 8.1% globally, to 2,708. At the same time, total deal value rose by 37.5% in…
General Atlantic Invests in Neon
- Nov 04, 2019
- Client News
General Atlantic Invests in Neon
Paul, Weiss advised General Atlantic as a lead investor in the Series B funding round for Neon, a challenger digital bank operating in Brazil.
Recent Delaware Decisions Signal Renewed Focus on Board-Level Compliance Oversight
- Nov 13, 2019
- Publications
Recent Delaware Decisions Signal Renewed Focus on Board-Level Compliance Oversight
Breach of the duty of oversight claims against Delaware directors are known as “possibly the most difficult theory in corporation law upon which a plaintiff might hope to win a judgment.”
General Atlantic Leads Series E Funding Round for Riskified
- Nov 05, 2019
- Client News
General Atlantic Leads Series E Funding Round for Riskified
Paul, Weiss is advising General Atlantic in leading a $165 million Series E funding round for Riskified, a payments and fraud-prevention solutions provider, giving the company a valuation of more than $1 billion.
General Atlantic Increases Investment in Online Giving Platform Benevity
- Oct 23, 2019
- Client News
General Atlantic Increases Investment in Online Giving Platform Benevity
Paul, Weiss advised General Atlantic LLC in its additional investment in Benevity, Inc., a global provider of corporate social responsibility and employee engagement software.
M&A at a Glance (October 2019)
- Oct 15, 2019
- Publications
M&A at a Glance (October 2019)
M&A activity in the U.S. and worldwide declined against many indicators in September, confirming numerous recent reports that dealmaking has taken a downturn.
General Atlantic Acquires Marathon Health
- Oct 08, 2019
- Client News
General Atlantic Acquires Marathon Health
Paul, Weiss represented General Atlantic in its acquisition of Marathon Health, a leading provider of employer health centers.
Q3 2019 U.S. Legal & Regulatory Developments
- Oct 03, 2019
- Publications
Q3 2019 U.S. Legal & Regulatory Developments
The following is our summary of significant U.S. legal and regulatory developments during the third quarter of 2019 of interest to Canadian companies and their advisors.
Delaware M&A Quarterly
- Oct 03, 2019
- Publications
Delaware M&A Quarterly
In this issue of the Paul, Weiss Delaware M&A Quarterly, we discuss several decisions of significance to the M&A practice issued during the third quarter of 2019.
Brookfield to Invest in BrandSafway
- Sep 30, 2019
- Client News
Brookfield to Invest in BrandSafway
Paul, Weiss is representing Brookfield in its acquisition of half of Clayton, Dubilier & Rice’s ownership interest in BrandSafway, the leading provider of specialized services to the global industrial, commercial and…
SoftBank Invests $1 Billion in Rappi
- Sep 30, 2019
- Client News
SoftBank Invests $1 Billion in Rappi
Paul, Weiss is representing SoftBank Vision Fund in its investment, together with SoftBank Group Corp., of up to $1 billion in Latin American on-demand delivery startup Rappi.
September 2019 Private Equity Digest
- Sep 23, 2019
- Publications
September 2019 Private Equity Digest
Covenant-lite loans have surged in the last couple of years. In 2018, cov-lite loan volume in the US reached $911 billion, an approximate 26% increase over 2017, and accounting for 85% of leveraged loans in the U.S., the highest…
General Atlantic Acquires Minority Stake in Kavak
- Sep 19, 2019
- Client News
General Atlantic Acquires Minority Stake in Kavak
Paul, Weiss represented General Atlantic in its acquisition of a minority stake in Kavak, a leading e-commerce platform for buying and selling second-hand vehicles in Mexico.
M&A at a Glance (September 2019)
- Sep 16, 2019
- Publications
M&A at a Glance (September 2019)
M&A activity in the U.S. and worldwide weakened in August across almost all indicators.
General Atlantic to Acquire Morphe Holdings
- Aug 19, 2019
- Client News
General Atlantic to Acquire Morphe Holdings
Paul, Weiss is representing General Atlantic in its acquisition of a majority stake in global beauty company Morphe Holdings.
M&A at a Glance (August 2019)
- Aug 15, 2019
- Publications
M&A at a Glance (August 2019)
M&A activity in the U.S. and globally generally weakened in July. The only bright spots were an increase in the number of deals globally, by 6.9%, to 2,893 deals and an increase in certain sponsor-related and crossborder activity.
BlackRock Invests in Authentic Brands Group
- Aug 11, 2019
- Client News
BlackRock Invests in Authentic Brands Group
Paul, Weiss advised General Atlantic LLC in a strategic investment made by entities affiliated with BlackRock, Inc.'s Long Term Private Capital (LTPC) strategy in General Atlantic portfolio company Authentic Brands Group (ABG), owner…
Q2 2019 U.S. Legal & Regulatory Developments
- Jul 29, 2019
- Publications
Q2 2019 U.S. Legal & Regulatory Developments
The following is our summary of significant U.S. legal and regulatory developments during the second quarter of 2019 of interest to Canadian companies and their advisors.
Delaware Court of Chancery Bases Appraisal Value on Unaffected Market Price
- Jul 25, 2019
- Publications
Delaware Court of Chancery Bases Appraisal Value on Unaffected Market Price
Recently in In re: Appraisal of Jarden Corporation, the Delaware Court of Chancery appraised the fair value of Jarden Corporation to be the unaffected market price of the company’s shares, which was approximately 18% less than the…
EN Engineering to Be Acquired by Kohlberg
- Jul 18, 2019
- Client News
EN Engineering to Be Acquired by Kohlberg
Paul, Weiss is representing leading utility services firm EN Engineering, a portfolio company of General Atlantic, in its sale to Kohlberg & Company, LLC.
M&A at a Glance (July 2019)
- Jul 15, 2019
- Publications
M&A at a Glance (July 2019)
M&A activity in the U.S. and globally in June was mixed. While the number of deals decreased by 23.7% in the U.S., to 655 deals, and by 13.2% globally, to 2,487 deals, the total value of deals increased significantly, by 122.3% in …
Delaware Court of Chancery Holds Controlling Stockholder Merger May Have Violated Section 203; Stockholders May Enforce Related Standstill
- Jul 10, 2019
- Publications
Delaware Court of Chancery Holds Controlling Stockholder Merger May Have Violated Section 203; Stockholders May Enforce Related Standstill
Recently in Arkansas Teacher Retirement System v. Alon USA Energy, Inc., the Delaware Court of Chancery (in an opinion by Vice Chancellor McCormick) held, on a motion to dismiss, that Delek US Holdings, Inc.’s acquisition of Alon may…
Delaware M&A Quarterly
- Jul 09, 2019
- Publications
Delaware M&A Quarterly
In this issue of the Paul, Weiss Delaware M&A Quarterly, we discuss several decisions of significance to the M&A practice issued during the second quarter of 2019.
Delaware Supreme Court Finds Directors May have Breached Caremark Duties by Failing to Oversee Compliance Risks; Rules Personal and Business Relationships Undermined Director’s Independence
- Jun 25, 2019
- Publications
Delaware Supreme Court Finds Directors May have Breached Caremark Duties by Failing to Oversee Compliance Risks; Rules Personal and Business Relationships Undermined Director’s Independence
Recently in Marchand v. Barnhill, the Delaware Supreme Court, sitting en banc, reversed the Court of Chancery’s dismissal of claims alleging that the directors of Blue Bell Creameries USA, Inc. acted in bad faith by failing to…
June 2019: Private Equity Digest
- Jun 20, 2019
- Publications
June 2019: Private Equity Digest
In this issue of the Private Equity Digest, we continue our discussion with Paul, Weiss M&A partner and Corporate Department Deputy Chair Ariel J. Deckelbaum and Paul, Weiss M&A partner Ellen Ching on GP stakes investing, with …
M&A at a Glance (June 2019)
- Jun 17, 2019
- Publications
M&A at a Glance (June 2019)
M&A activity in the U.S. and globally for the month of May was generally consistent with April levels. The most notable changes in May were an increase in the number of sponsor-related deals by almost 75% to 187 in the U.S. and by …
Paul, Weiss Hosts Annual Private Equity General Counsel CLE
- May 15, 2019
- Events
Paul, Weiss Hosts Annual Private Equity General Counsel CLE
Paul, Weiss hosted its Annual Private Equity General Counsel CLE Program.
M&A at a Glance (May 2019)
- May 15, 2019
- Publications
M&A at a Glance (May 2019)
M&A activity in the U.S. and globally generally fell in the month of April. The number of U.S. deals decreased by 15.6%, to 622, and the number of global deals decreased by 10.3%, to 2,530. However, the total value of U.S. deals…
Q1 2019 U.S. Legal & Regulatory Developments
- Apr 30, 2019
- Publications
Q1 2019 U.S. Legal & Regulatory Developments
The following is our summary of significant U.S. legal and regulatory developments during the first quarter of 2019 of interest to Canadian companies and their advisors.
April 2019: Private Equity Digest
- Apr 23, 2019
- Publications
April 2019: Private Equity Digest
In this issue of the Private Equity Digest, we look at current trends in GP stakes investing in an interview with Paul, Weiss M&A partner and Corporate Department Deputy Chair Ariel J. Deckelbaum and Paul, Weiss M&A partner…
Delaware Supreme Court Rejects Reliance on Trading Price in Appraisal Action; Orders Award of Deal Price Minus Synergies
- Apr 19, 2019
- Publications
Delaware Supreme Court Rejects Reliance on Trading Price in Appraisal Action; Orders Award of Deal Price Minus Synergies
In Verition Partners Master Fund Ltd. v. Aruba Networks, Inc., the Delaware Supreme Court reversed the Court of Chancery’s exclusive reliance on a pre-announcement stock trading price to determine “fair value” in a statutory appraisal …
M&A at a Glance (April 2019)
- Apr 15, 2019
- Publications
M&A at a Glance (April 2019)
In March, M&A activity remained generally slow in the U.S. but showed strong signs of recovery globally. The total value of U.S. deals decreased by 14.3 percent to $116.21 billion, while the total value of global deals increased…
General Atlantic Enters Into Strategic Partnership With Deutsche Börse
- Apr 11, 2019
- Client News
General Atlantic Enters Into Strategic Partnership With Deutsche Börse
Paul, Weiss is representing General Atlantic in its strategic partnership with Deutsche Börse AG, one of the largest exchange organizations worldwide.
Delaware Supreme Court Clarifies MFW’s “Ab Initio” Requirement and Partially Reverses Chancery Court Dismissal
- Apr 12, 2019
- Publications
Delaware Supreme Court Clarifies MFW’s “Ab Initio” Requirement and Partially Reverses Chancery Court Dismissal
In Olenik v. Lodzinski, the Delaware Supreme Court held that plaintiffs had sufficiently pled facts that the dual protections of a special committee and majority-of-the-minority-vote under the MFW roadmap was not in place before the…
Delaware M&A Quarterly
- Apr 08, 2019
- Publications
Delaware M&A Quarterly
In this issue of the Paul, Weiss Delaware M&A Quarterly, we discuss several decisions of significance to the M&A practice issued during the first quarter of 2019.
M&A at a Glance (March 2019)
- Mar 14, 2019
- Publications
M&A at a Glance (March 2019)
M&A activity in February 2019 generally slowed in the U.S. and globally. Deal volume by dollar value decreased by 25.6 percent to $152.24 billion in the U.S., and by 30.3 percent to $248.57 billion globally. Further, the number of …
Boat Rocker Media Buys Stake in Untitled Entertainment
- Mar 04, 2019
- Client News
Boat Rocker Media Buys Stake in Untitled Entertainment
Paul, Weiss is representing global entertainment company Boat Rocker Media in its significant financial investment in talent management and production company Untitled Entertainment.
M&A at a Glance (February 2019)
- Feb 14, 2019
- Publications
M&A at a Glance (February 2019)
M&A activity in January 2019 generally increased in the U.S. and globally. Deal volume by dollar value increased by 199.5 percent to $203.96 billion in the U.S., and by 57.5 percent to $354.57 billion globally.
January 2019: Private Equity Digest
- Jan 22, 2019
- Publications
January 2019: Private Equity Digest
In this issue of the Private Equity Digest, we take a look at private equity trends in 2018 and possible developments for 2019.
M&A at a Glance – 2018 Year-End Roundup
- Jan 17, 2019
- Publications
M&A at a Glance – 2018 Year-End Roundup
2018 was an up-year for M&A as compared to 2017, notwithstanding some weakness toward the year’s end.
M&A at a Glance (January 2019)
- Jan 15, 2019
- Publications
M&A at a Glance (January 2019)
M&A activity in December 2018 declined across most measures. While M&A activity reached 12-month lows both globally and in the U.S., the declines in the U.S. were significantly more pronounced.
2018 Year-End U.S. Legal & Regulatory Developments
- Jan 14, 2019
- Publications
2018 Year-End U.S. Legal & Regulatory Developments
The following is our summary of significant U.S. legal and regulatory developments during 2018 of interest to Canadian companies and their advisors.
Delaware M&A Quarterly
- Jan 09, 2019
- Publications
Delaware M&A Quarterly
In this issue of the Paul, Weiss Delaware M&A Quarterly, we discuss several decisions of significance to the M&A practice issued during the fourth quarter of 2018.
General Atlantic and Invoice Cloud Announce Strategic Partnership
- Dec 18, 2018
- Client News
General Atlantic and Invoice Cloud Announce Strategic Partnership
Paul, Weiss is representing General Atlantic in its strategic partnership with Invoice Cloud, Inc.
M&A at a Glance (December 2018)
- Dec 17, 2018
- Publications
M&A at a Glance (December 2018)
With the exception of sponsor-related transactions, M&A activity in November 2018 generally declined.
Delaware Court of Chancery Declines to Dismiss Claims against Conflicted CEO
- Dec 14, 2018
- Publications
Delaware Court of Chancery Declines to Dismiss Claims against Conflicted CEO
Recently in In re Xura, Inc. Stockholder Litigation, the Delaware Court of Chancery denied a motion to dismiss fiduciary duty claims against the CEO of Xura, Inc. for his actions in negotiating a sale of the company
Directors Denied Corwin Protection Due to “Information Vacuum”
- Nov 29, 2018
- Publications
Directors Denied Corwin Protection Due to “Information Vacuum”
The Delaware Court of Chancery recently held in In re Tangoe, Inc. Stockholders Litigation that directors who approved a sale of the company were not entitled to business judgment protection under Corwin v. KKR Financial Holdings LLC…
Farelogix to Be Acquired by Sabre
- Nov 14, 2018
- Client News
Farelogix to Be Acquired by Sabre
Paul, Weiss is representing Farelogix in its sale to Sabre Corporation. Farelogix is a leader and innovator in the travel industry, with technology that is modernizing the airline commerce and distribution landscape.
M&A at a Glance (November 2018)
- Nov 15, 2018
- Publications
M&A at a Glance (November 2018)
M&A activity in October 2018 remained mixed, but included more positive indicators compared to September and the general declining trend line so far this year.
Boat Rocker Media Acquires Matador Content
- Nov 08, 2018
- Client News
Boat Rocker Media Acquires Matador Content
Paul, Weiss represented global entertainment company Boat Rocker Media in its cash-and-stock acquisition of production company Matador Content, which is behind Paramount Network’s Lip Sync Battle and other popular series.
Q3 & Q2 2018 U.S. Legal and Regulatory Developments
- Nov 07, 2018
- Publications
Q3 & Q2 2018 U.S. Legal and Regulatory Developments
President Trump signed the John S. McCain National Defense Authorization Act for Fiscal Year 2019 (“FY 2019 NDAA”) (H.R. 5515) into law on August 13, 2018. One subtitle of the FY 2019 NDAA, entitled the “Foreign Investment Risk Review …
October 2018: Private Equity Digest
- Oct 22, 2018
- Publications
October 2018: Private Equity Digest
In this issue of the Private Equity Digest, we look at four ways PE firms have adapted to the current competitive environment: (i) engaging in more buy-and-build approaches or add-on acquisitions, (ii) investing in early-stage…
M&A at a Glance (October 2018)
- Oct 15, 2018
- Publications
M&A at a Glance (October 2018)
M&A activity in September 2018 was mixed compared to August levels, but generally reflected an overall continuing downward trend starting in April of this year. Deal volume by dollar value decreased in the U.S. by 44.5% to $77.06 …
Delaware Supreme Court Clarifies That “ab initio” for MFW Purposes Means before the Start of Substantive Economic Negotiations
- Oct 16, 2018
- Publications
Delaware Supreme Court Clarifies That “ab initio” for MFW Purposes Means before the Start of Substantive Economic Negotiations
In Flood v. Synutra International, Inc., the Delaware Supreme Court affirmed the Court of Chancery’s holding that the controlling shareholder satisfied MFW’s “ab initio” requirement by conditioning the deal on the required procedural…
Delaware M&A Quarterly
- Oct 05, 2018
- Publications
Delaware M&A Quarterly
In this issue of the Paul, Weiss Delaware M&A Quarterly, we discuss several decisions of significance to the M&A practice issued during the third quarter of 2018.
General Atlantic Leads Investment in pymetrics
- Sep 27, 2018
- Client News
General Atlantic Leads Investment in pymetrics
Paul, Weiss advised General Atlantic as lead investor in a $40 million Series B funding round in pymetrics, an enterprise SaaS company founded by female neuroscientists that uses neuroscience and AI to make the recruitment process…
Engility to Be Acquired by SAIC for $2.5 Billion
- Sep 10, 2018
- Client News
Engility to Be Acquired by SAIC for $2.5 Billion
Paul, Weiss is representing General Atlantic as a selling shareholder of Engility Holdings Inc. in Engility’s all-stock acquisition by Science Applications International Corp. (SAIC).
General Atlantic Invests in OneOncology
- Sep 12, 2018
- Client News
General Atlantic Invests in OneOncology
Paul, Weiss is representing General Atlantic in its significant investment in OneOncology, a partnership of independent community oncology practices and finance and technology experts.
M&A at a Glance (September 2018)
- Sep 14, 2018
- Publications
M&A at a Glance (September 2018)
M&A activity in August continued the recent downward trend in number of deals across most sectors, while showing more mixed results as measured by total dollar value.
General Atlantic Invests in Slack
- Aug 23, 2018
- Client News
General Atlantic Invests in Slack
Paul, Weiss is advising General Atlantic as a lead investor alongside Dragoneer Investment Group in the $427 million in new funding for Slack, a leading cloud-based workplace collaboration platform.
General Atlantic Invests in European Wax Center
- Aug 21, 2018
- Client News
General Atlantic Invests in European Wax Center
Paul, Weiss is representing General Atlantic in its strategic investment in leading beauty lifestyle brand franchise European Wax Center.
M&A at a Glance (August 2018)
- Aug 15, 2018
- Publications
M&A at a Glance (August 2018)
M&A activity in July 2018 continued the recent downward trend in number of deals across most sectors and mixed results as measured by deal volume by dollar value.
CLEAResult Acquired by TPG Growth and The Rise Fund
- Aug 08, 2018
- Client News
CLEAResult Acquired by TPG Growth and The Rise Fund
Paul, Weiss represented General Atlantic and CLEAResult, the country’s leading provider of energy efficiency solutions for utility companies, in the acquisition of CLEAResult by TPG Growth and The Rise Fund.
Delaware Court Clarifies When MFW’s Protections Must be in Place Under “Ab Initio” Requirement
- Jul 30, 2018
- Publications
Delaware Court Clarifies When MFW’s Protections Must be in Place Under “Ab Initio” Requirement
The recent Delaware Court of Chancery opinion in Olenik v. Lodzinski held that the parties to an acquisition had met the now well-known roadmap for controller transactions to receive business judgment review under Kahn v. M&F…
July 2018: Private Equity Digest
- Jul 23, 2018
- Publications
July 2018: Private Equity Digest
This edition of the Paul, Weiss Private Equity Digest continues our discussion of key considerations for private equity transactions resulting from the new tax law.
M&A at a Glance (July 2018)
- Jul 13, 2018
- Publications
M&A at a Glance (July 2018)
M&A activity in June 2018 weakened from last month across most measures, although still generally strong for the first half of the year. The total number of deals decreased in the U.S. by 28.6% to 528 and globally by 17.5% to…
Delaware M&A Quarterly
- Jul 12, 2018
- Publications
Delaware M&A Quarterly
In this issue of the Paul, Weiss Delaware M&A Quarterly, we discuss several decisions of significance to the M&A practice issued during the second quarter of 2018.
Delaware Court Dismisses Misappropriation Claim Against Private Equity Firm for Investing in Competing Company
- Jun 29, 2018
- Publications
Delaware Court Dismisses Misappropriation Claim Against Private Equity Firm for Investing in Competing Company
Recently the Delaware Court of Chancery dismissed claims that a private equity firm and affiliated funds misappropriated trade secrets acquired from their portfolio company via their director designees and then misused the information …
General Atlantic Leads Series E Funding for SigFig
- Jun 19, 2018
- Client News
General Atlantic Leads Series E Funding for SigFig
Paul, Weiss advised General Atlantic in leading a $50 million Series E funding of SigFig, a San Francisco-based financial technology company for banks, advisors and consumers.
General Atlantic to Sell CLEAResult
- Jun 18, 2018
- Client News
General Atlantic to Sell CLEAResult
Paul, Weiss is representing General Atlantic in its sale of CLEAResult, the country’s leading provider of energy efficiency solutions for utility companies, to TPG Growth and The Rise Fund.
Delaware Court of Chancery Finds It “Reasonably Conceivable” That Two Minority Stockholders Form Control Group
- Jun 21, 2018
- Publications
Delaware Court of Chancery Finds It “Reasonably Conceivable” That Two Minority Stockholders Form Control Group
Recently in In re Hansen Medical, Inc. Stockholders Litigation, the Delaware Court of Chancery declined to grant defendants’ motion to dismiss, finding that plaintiff stockholders had sufficiently pled a “reasonably conceivable” claim …
General Atlantic Leads Series E Funding for Opendoor
- Jun 13, 2018
- Client News
General Atlantic Leads Series E Funding for Opendoor
Paul, Weiss advised General Atlantic in its $325 million Series E funding, alongside Access Technology Ventures and Lennar Corporation, of Opendoor, an online real estate marketplace that simplifies home buying and selling.
June 2018: Private Equity Digest
- Jun 18, 2018
- Publications
June 2018: Private Equity Digest
In this edition of the Paul, Weiss Private Equity Digest, we discuss key considerations for private equity transactions resulting from the new tax law. This is part one of a two-part article.
M&A at a Glance (June 2018)
- Jun 15, 2018
- Publications
M&A at a Glance (June 2018)
M&A activity in May 2018 generally weakened from last month. The total number of deals decreased in the U.S. by 1.2% to 667 (the second-lowest level in the last 12-month period) and globally by 4.8% to 2,759 (the lowest level in…
Stockholders of Parent-Target Not Entitled to Appraisal Rights in Merger Involving Transfer of Control
- Jun 06, 2018
- Publications
Stockholders of Parent-Target Not Entitled to Appraisal Rights in Merger Involving Transfer of Control
Recently, the Delaware Court of Chancery held that stockholders of Dr Pepper Snapple Group, Inc. were not entitled to appraisal of their shares in connection with a reverse triangular merger involving a subsidiary of Dr Pepper and the …
GIS and HireRight to Merge
- May 25, 2018
- Client News
GIS and HireRight to Merge
Paul, Weiss is representing General Information Services (GIS), a portfolio company of Paul, Weiss client General Atlantic, in its merger with HireRight.
General Atlantic Invests in Benevity
- Jan 24, 2018
- Client News
General Atlantic Invests in Benevity
Paul, Weiss is representing General Atlantic LLC in its strategic investment in Benevity, Inc., a global provider of corporate social responsibility and employee engagement software.
January 2018: Private Equity Digest
- Jan 25, 2018
- Publications
January 2018: Private Equity Digest
In this edition of the Paul, Weiss Private Equity Digest, we review private equity M&A market trends from 2017 and look ahead to 2018.
M&A at a Glance: 2017 Year-End Roundup
- Jan 17, 2018
- Publications
M&A at a Glance: 2017 Year-End Roundup
In the M&A at a Glance 2017 Year-end Roundup, we review the most significant trends in M&A activity in 2017. Global and U.S. deal volume decreased 3.2% and 10.5%, respectively, from 2016 levels.
M&A at a Glance (January 2018)
- Jan 16, 2018
- Publications
M&A at a Glance (January 2018)
In this month’s M&A at a Glance, we review the most significant trends in M&A activity for the month of December.
General Atlantic Makes Investment in Alkami Technology
- Jan 09, 2018
- Client News
General Atlantic Makes Investment in Alkami Technology
Paul, Weiss represented General Atlantic in its strategic investment in Alkami Technology Inc., a leading provider of digital banking solutions to credit unions and banks.
2017 U.S. Legal and Regulatory Developments
- Jan 11, 2018
- Publications
2017 U.S. Legal and Regulatory Developments
The following is our summary of significant U.S. legal and regulatory developments during 2017 of interest to Canadian companies and their advisors.
Agrium and PotashCorp Complete Merger, Creating $36 Billion Company
- Jan 01, 2018
- Client News
Agrium and PotashCorp Complete Merger, Creating $36 Billion Company
Paul, Weiss represented Canadian agricultural products and services giant Agrium Inc. in its $36 billion merger of equals with Potash Corporation of Saskatchewan.
M&A at a Glance (December 2017)
- Dec 18, 2017
- Publications
M&A at a Glance (December 2017)
In this month’s M&A at a Glance, we review the most significant trends in M&A activity for the month of November.
M&A at a Glance (November 2017)
- Nov 15, 2017
- Publications
M&A at a Glance (November 2017)
In this month’s M&A at a Glance, we review the most significant trends in M&A activity for the month of October. Global deal volume by total value increased by 1.8%, whereas deal count decreased by 13.7%. In the U.S., deal…
General Atlantic Completes Acquisition of a Stake in Authentic Brands
- Oct 25, 2017
- Client News
General Atlantic Completes Acquisition of a Stake in Authentic Brands
Paul, Weiss represented General Atlantic LLC in its acquisition of a minority stake in Authentic Brands Group LLC, a brand development, marketing, licensing and entertainment company.
M&A at a Glance
- Oct 17, 2017
- Publications
M&A at a Glance
In this month’s M&A at a Glance, we review the most significant trends in M&A activity for the month of September.
Roark Capital Acquires Minority Stake in Culver’s
- Oct 15, 2017
- Client News
Roark Capital Acquires Minority Stake in Culver’s
As reported by Forbes and other media outlets, Paul, Weiss is representing Roark Capital Group in its acquisition of a minority stake in fast-casual restaurant chain Culver Franchising System, Inc.
eviCore to Be Acquired by Express Scripts for $3.6 Billion
- Oct 10, 2017
- Client News
eviCore to Be Acquired by Express Scripts for $3.6 Billion
As reported by Bloomberg, The Washington Post and other media outlets, Paul, Weiss is representing eviCore healthcare in its $3.6 billion acquisition by Express Scripts Holding Company.
General Atlantic Invests in Sonendo
- Sep 20, 2017
- Client News
General Atlantic Invests in Sonendo
Paul, Weiss represented General Atlantic in its strategic investment in leading dental technology company Sonendo, Inc.
M&A at a Glance
- Sep 15, 2017
- Publications
M&A at a Glance
In this month’s M&A at a Glance, we review the most significant trends in M&A activity for the month of August.
Roark Capital to Acquire ICWG From TDR Capital
- Aug 24, 2017
- Client News
Roark Capital to Acquire ICWG From TDR Capital
Paul, Weiss is representing Roark Capital Group in its proposed acquisition of International Car Wash Group (ICWG) from TDR Capital LLP.
M&A at a Glance (August 2017)
- Aug 15, 2017
- Publications
M&A at a Glance (August 2017)
In this month’s M&A at a Glance, we review the most significant trends in M&A activity for the month of July.
Q2 2017 U.S. Legal and Regulatory Developments
- Aug 08, 2017
- Publications
Q2 2017 U.S. Legal and Regulatory Developments
The following is our summary of significant U.S. legal and regulatory developments during the second quarter of 2017 of interest to Canadian companies and their advisors.
M&A at a Glance (July 2017)
- Jul 17, 2017
- Publications
M&A at a Glance (July 2017)
In this month’s M&A At a Glance, we review the most significant trends in M&A activity for the month of June.
General Atlantic and Silver Lake Announce Acquisition of A Place for Mom
- Jul 05, 2017
- Client News
General Atlantic and Silver Lake Announce Acquisition of A Place for Mom
Paul, Weiss represented the buying consortium of General Atlantic and Silver Lake in their proposed acquisition of A Place for Mom, a portfolio company of Warburg Pincus.
General Atlantic Makes Strategic Investment in Mi9 Retail
- Jul 06, 2017
- Client News
General Atlantic Makes Strategic Investment in Mi9 Retail
Paul, Weiss advised leading global growth equity firm General Atlantic in its strategic investment in Mi9 Retail, a global supplier of omni-channel retail software.
SnapAV to Be Acquired by Hellman & Friedman
- Jun 20, 2017
- Client News
SnapAV to Be Acquired by Hellman & Friedman
Paul, Weiss is representing SnapAV, a portfolio company of General Atlantic, in its sale to affiliates of Hellman & Friedman LLC.
M&A at a Glance (June 2017)
- Jun 15, 2017
- Publications
M&A at a Glance (June 2017)
In this month’s M&A at a Glance, we review the most significant trends in M&A activity for the month of May.
General Atlantic to Make Strategic Investment in Grupo Axo
- May 30, 2017
- Client News
General Atlantic to Make Strategic Investment in Grupo Axo
Paul, Weiss is representing General Atlantic in its strategic investment in Grupo Axo, a top multi-brand retailer in Mexico.
May 2017: Private Equity Digest
- May 22, 2017
- Publications
May 2017: Private Equity Digest
In this edition of the Paul, Weiss Private Equity Digest, we discuss appraisal risk in private equity transactions and possible ways to address this risk.
Matthew Abbott Speaks on Trends in the Private Equity Market in Forbes Q&A
- May 19, 2017
- Publications
Matthew Abbott Speaks on Trends in the Private Equity Market in Forbes Q&A
In a Q&A for Forbes, corporate partner Matthew Abbott speaks on changes in the private equity market, and addresses mega-buyout funds, the expansion of funds’ geographic focus, the outlook for the economy, and the market’s effect…
M&A at a Glance (May 2017)
- May 15, 2017
- Publications
M&A at a Glance (May 2017)
In this month’s M&A At A Glance, we review the most significant trends in M&A activity for the month of April.
Tricon Completes Acquisition of Silver Bay
- May 09, 2017
- Client News
Tricon Completes Acquisition of Silver Bay
Paul, Weiss represented Tricon Capital Group Inc in its acquisition of Silver Bay Realty Trust Corp., a public REIT owner-operator of single-family rental homes in the U.S.
Q1 2017 U.S. Legal and Regulatory Developments
- May 04, 2017
- Publications
Q1 2017 U.S. Legal and Regulatory Developments
There were a flurry of U.S. legal and regulatory developments during the first quarter of 2017 of interest to Canadian companies and their advisors.
General Atlantic and Torchy’s Tacos Announce Strategic Partnership
- Apr 18, 2017
- Client News
General Atlantic and Torchy’s Tacos Announce Strategic Partnership
Paul, Weiss is representing General Atlantic in its significant minority investment in Torchy’s Tacos, a fast-casual restaurant serving untraditional tacos.
OTTP and Providence Equity Partners Sell Ascend Learning to Blackstone and CPPIB
- Apr 14, 2017
- Client News
OTTP and Providence Equity Partners Sell Ascend Learning to Blackstone and CPPIB
Paul, Weiss is representing the Ontario Teachers’ Pension Plan (OTTP) in its sale, alongside Providence Equity Partners, of education software company Ascend Learning, LLC.
M&A at a Glance (April 2017)
- Apr 14, 2017
- Publications
M&A at a Glance (April 2017)
Global M&A activity in March 2017 was generally stronger than in February and also outperformed U.S. activity, where a decline in average deal size overshadowed an increase in the number of deals.
Cornell Capital to Acquire World Kitchen
- Apr 03, 2017
- Client News
Cornell Capital to Acquire World Kitchen
Paul, Weiss is representing Cornell Capital LLC, a private investment firm, in its agreement to acquire WKI Holdings Company, Inc. (World Kitchen), a leading multinational manufacturer and marketer of housewares.
M&A at a Glance (March 2017)
- Mar 15, 2017
- Publications
M&A at a Glance (March 2017)
M&A activity generally declined in February 2017, both globally and in the U.S. Total deal volume, as measured by dollar value, decreased globally by 30.1% to $202.45 billion, and in the U.S. by 3.7% to $106.47 billion.
Alignment Healthcare Announces Equity Investment from Warburg Pincus
- Mar 09, 2017
- Client News
Alignment Healthcare Announces Equity Investment from Warburg Pincus
Paul, Weiss represented Alignment Healthcare, a population health management company and portfolio company of General Atlantic, in its agreement to receive a $115 million growth investment from Warburg Pincus.
General Atlantic Makes Strategic Investment in General Information Services
- Mar 03, 2017
- Client News
General Atlantic Makes Strategic Investment in General Information Services
Paul, Weiss represented General Atlantic, a leading global growth equity firm, in their strategic investment in General Information Services, a nationally accredited background check company.
Tricon Capital to Acquire Silver Bay Realty Trust
- Feb 28, 2017
- Client News
Tricon Capital to Acquire Silver Bay Realty Trust
Paul, Weiss is representing Tricon Capital Group Inc. in its proposed $1.4 billion acquisition of Silver Bay Realty Trust Corp.
February 2017: Private Equity Digest
- Feb 21, 2017
- Publications
February 2017: Private Equity Digest
In this edition of the Paul, Weiss Private Equity Digest, we review private equity M&A market trends from 2016 and discuss expectations for 2017.
M&A at a Glance (February 2017)
- Feb 15, 2017
- Publications
M&A at a Glance (February 2017)
M&A activity showed mixed results in January 2017, with the global market generally down and the U.S. market generally up.
General Atlantic Leads Series E Financing in Turbonomic
- Jan 24, 2017
- Client News
General Atlantic Leads Series E Financing in Turbonomic
Paul, Weiss represented General Atlantic in connection with its lead investment in a Series E financing round of Turbonomic, Inc., one of the fastest growing technology companies in the virtualization and cloud space.
M&A at a Glance: 2016 Year-End Roundup
- Jan 17, 2017
- Publications
M&A at a Glance: 2016 Year-End Roundup
2016 was an active year for M&A, though year-end results did not surpass record-levels set in 2015.
2016 U.S. Legal and Regulatory Developments
- Jan 09, 2017
- Publications
2016 U.S. Legal and Regulatory Developments
The following is a roundup of significant U.S. legal and regulatory developments during 2016 of interest to Canadian companies and their advisors.
General Atlantic to Sell Stake in TriNet to Atairos
- Dec 22, 2016
- Client News
General Atlantic to Sell Stake in TriNet to Atairos
Paul, Weiss is representing General Atlantic in the sale of its remaining ownership stake in TriNet, a provider of human resources solutions, to Atairos Group, Inc.
General Atlantic to Acquire Majority Stake in Hemnet
- Dec 21, 2016
- Client News
General Atlantic to Acquire Majority Stake in Hemnet
Paul, Weiss is representing General Atlantic in their agreement to acquire a majority stake in Hemnet, Sweden's leading online real estate classifieds platform.
Client Alert: M&A at a Glance (December 2016)
- Dec 16, 2016
- Publications
Client Alert: M&A at a Glance (December 2016)
After the spike in activity due to megadeals in October, M&A activity returned in November to more normalized levels both in deal volume and number of deals. Total deal volume in the U.S. and globally declined in November…
General Atlantic Enters Into Share Exchange With KCG
- Nov 18, 2016
- Client News
General Atlantic Enters Into Share Exchange With KCG
Paul, Weiss is representing General Atlantic in its share exchange agreement with KCG Holdings, Inc., a leading independent securities firm. Under the terms of the transaction, KCG will exchange 8.9 million shares of Bats Global…
Estée Lauder to Acquire Too Faced Cosmetics for $1.45 Billion
- Nov 14, 2016
- Client News
Estée Lauder to Acquire Too Faced Cosmetics for $1.45 Billion
The Estée Lauder Companies Inc. announced that it will acquire Paul, Weiss client Too Faced Cosmetics, LLC, a feminine makeup brand and General Atlantic portfolio company for approximately $1.45 billion.
M&A at a Glance (November 2016)
- Nov 15, 2016
- Publications
M&A at a Glance (November 2016)
M&A volume in October 2016 increased to record levels, as measured by total dollar value, largely due to a spike in the number of megadeals, with eight October deals valued at or above $10 billion dollars. Total deal volume…
October 2016: Private Equity Digest
- Oct 21, 2016
- Publications
October 2016: Private Equity Digest
In this edition of the Paul, Weiss Private Equity Digest, we discuss China-U.S. crossborder deal risks for U.S. sellers and possible ways to address those risks.
Client Alert: Q3 2016 U.S. Legal and Regulatory Developments
- Oct 20, 2016
- Publications
Client Alert: Q3 2016 U.S. Legal and Regulatory Developments
The following is our summary of significant U.S. legal and regulatory developments during the third quarter of 2016 of interest to Canadian companies and their advisors.
M&A at a Glance (October 2016)
- Oct 14, 2016
- Publications
M&A at a Glance (October 2016)
M&A activity in September 2016 rebounded across most metrics as compared to August 2016, both in the U.S. and globally.
Roark Acquires Great Expressions Dental Centers
- Sep 28, 2016
- Client News
Roark Acquires Great Expressions Dental Centers
Paul, Weiss client Roark Capital Group, an Atlanta-based private equity firm focused on customer brands and multi-unit businesses, announced that one of its affiliates has acquired Great Expressions Dental Centers, one of the…
M&A at a Glance (September 2016)
- Sep 15, 2016
- Publications
M&A at a Glance (September 2016)
M&A activity in August 2016 declined across most metrics, both in the U.S. and globally, as large-value transactions appear to have taken a summer hiatus.
Agrium and PotashCorp to Merge, Creating $36 Billion Company
- Sep 12, 2016
- Client News
Agrium and PotashCorp to Merge, Creating $36 Billion Company
Paul, Weiss is advising Agrium Inc. in its $36 billion merger of equals agreement with Potash Corporation.
Roark Capital Takes Majority Stake in Jimmy John’s
- Sep 08, 2016
- Client News
Roark Capital Takes Majority Stake in Jimmy John’s
Paul, Weiss is representing an affiliate of Roark Capital Group in its agreement to acquire a majority interest in Jimmy John's Sandwiches, one of the largest and fastest-growing fast-casual restaurant brands in the U.S. Terms of …
M&A at a Glance (August 2016)
- Aug 15, 2016
- Publications
M&A at a Glance (August 2016)
M&A activity declined by most measures in July 2016. Deal volume, as measured by dollar value, decreased in the U.S. by 25.8% to $126.52 billion, and globally by 2.3% to $326.23 billion. The total number of deals…
Client Alert: Q2 2016 U.S. Legal and Regulatory Developments
- Aug 01, 2016
- Publications
Client Alert: Q2 2016 U.S. Legal and Regulatory Developments
The following is our summary of significant U.S. legal and regulatory developments during the second quarter of 2016 of interest to Canadian companies and their advisors.
E-Trade to Acquire OptionsHouse
- Jul 25, 2016
- Client News
E-Trade to Acquire OptionsHouse
E*TRADE Financial Corporation announced that it has agreed to acquire Paul, Weiss client Aperture New Holdings, Inc., the parent company of OptionsHouse, for $725 million in cash.
M&A at a Glance (July 2016)
- Jul 15, 2016
- Publications
M&A at a Glance (July 2016)
M&A activity in June 2016 was relatively flat, as compared to the last two months. In the U.S., overall deal volume decreased by 10.7% to $164.47 billion, and the number of deals was flat at 752.
Batteries Plus Bulbs Acquired by Freeman Spogli
- Jul 06, 2016
- Client News
Batteries Plus Bulbs Acquired by Freeman Spogli
Paul, Weiss represented Roark Capital in connection with the sale of Batteries Plus to Freeman Spogli & Co.
General Atlantic Makes Strategic Investment in Insurity
- Jun 29, 2016
- Client News
General Atlantic Makes Strategic Investment in Insurity
Insurity, Inc., a provider of core insurance processing software and data integration and analytics solutions, announced that Paul, Weiss client General Atlantic, a leading global growth equity firm, has made a strategic growth…
M&A at a Glance (June 2016)
- Jun 15, 2016
- Publications
M&A at a Glance (June 2016)
The M&A market continued to stabilize in May 2016, after what has been a slow start to the year.
General Atlantic Leads Series C Funding in Seismic
- May 25, 2016
- Client News
General Atlantic Leads Series C Funding in Seismic
Seismic, a leading enterprise software company, announced that Paul, Weiss client General Atlantic has led a strategic growth investment in the company through a Series C round of funding.
M&A at a Glance (May 2016)
- May 16, 2016
- Publications
M&A at a Glance (May 2016)
The M&A market was mixed in April 2016, with the U.S. market generally faring better than the global market.
Matt Abbott and Angelo Bonvino Co-Author Article on PIPEs in Law360
- May 05, 2016
- Publications
Matt Abbott and Angelo Bonvino Co-Author Article on PIPEs in Law360
Corporate partners Matt Abbott and Angelo Bonvino co-authored an article that appeared in the May 5 issue of Law360.
Client Alert: Q1 2016 U.S. Legal and Regulatory Developments
- Apr 27, 2016
- Publications
Client Alert: Q1 2016 U.S. Legal and Regulatory Developments
The following is our summary of significant U.S. legal and regulatory developments during the first quarter of 2016 of interest to Canadian companies and their advisors.
General Atlantic and Flipp Announce Strategic Partnership
- Apr 14, 2016
- Client News
General Atlantic and Flipp Announce Strategic Partnership
Paul, Weiss client General Atlantic and Flipp Corporation, a Toronto-based mobile consumer marketplace, announced that General Atlantic has made a strategic investment in the company.
Sale of Privalia to Vente-Privée
- Apr 13, 2016
- Client News
Sale of Privalia to Vente-Privée
General Atlantic's portfolio company Privalia, a European and Latin American online retailer, was sold to French online retailer Vente- Privée.com.
April 2016: Private Equity Digest
- Apr 19, 2016
- Publications
April 2016: Private Equity Digest
In this edition of the Paul, Weiss Private Equity Digest, we take a look at the possibly revived PIPEs market and discuss key considerations for private equity investors looking to put capital to work in this space.
Client Alert: M&A at a Glance (April 2016)
- Apr 18, 2016
- Publications
Client Alert: M&A at a Glance (April 2016)
Despite an encouraging February, M&A activity in March 2016 resumed its recent downtrend across all metrics, both in the U.S. and globally.
Client Memo: M&A at a Glance (March 2016)
- Mar 15, 2016
- Publications
Client Memo: M&A at a Glance (March 2016)
Following a contraction in December and January, broader M&A activity showed signs of recovery in February 2016.
February 2016: Private Equity Digest
- Feb 18, 2016
- Publications
February 2016: Private Equity Digest
In this edition of the Paul, Weiss Private Equity Digest, we review acquisition financing trends from 2015.
Client Memo: M&A at a Glance, February 2016, Issue 47
- Feb 16, 2016
- Publications
Client Memo: M&A at a Glance, February 2016, Issue 47
M&A activity continued to decline by most metrics throughout January 2016, both in the U.S. and globally.
Ontario Teachers’ Pension Plan Closes Investment in US Farm Trust
- Jan 29, 2016
- Client News
Ontario Teachers’ Pension Plan Closes Investment in US Farm Trust
Paul, Weiss client Ontario Teachers' Pension Plan, Canada's largest single-profession pension plan, closed its investment in US Farm Trust, a privately held real estate investment trust (REIT) that acquires and manages…
M&A at a Glance (January 2016)
- Jan 15, 2016
- Publications
M&A at a Glance (January 2016)
Following the trend from past years, M&A activity, both globally and in the U.S., slowed down during the holiday season.
M&A at a Glance – 2015 Year-End Roundup
- Jan 15, 2016
- Publications
M&A at a Glance – 2015 Year-End Roundup
Continuing the upward trend started in 2013, 2015 was a record-breaking year for M&A activity.
2015 U.S. Legal and Regulatory Developments
- Jan 12, 2016
- Publications
2015 U.S. Legal and Regulatory Developments
The following is our annual summary of significant U.S. legal and regulatory developments during 2015 of interest to Canadian companies and their advisors.
Hudson’s Bay to Acquire Gilt
- Jan 07, 2016
- Client News
Hudson’s Bay to Acquire Gilt
As reported by The Wall Street Journal, Forbes and other media outlets, Hudson's Bay Company announced that it has agreed to acquire Gilt Groupe Holdings, Inc., a leading and innovative online shopping destination …
General Atlantic to Take Minority Stake in Pague Menos Pharmacies
- Dec 22, 2015
- Client News
General Atlantic to Take Minority Stake in Pague Menos Pharmacies
Empreendimentos Pague Menos SA, the third largest drugstore retail chain in Brazil, announced that Paul, Weiss client General Atlantic, a leading growth equity firm, has agreed to make a strategic growth investment of R$600…
General Atlantic Takes Minority Stake in Barteca
- Dec 16, 2015
- Client News
General Atlantic Takes Minority Stake in Barteca
Barteca Holdings, the parent company of Barcelona Wine Bar and Bartaco, announced a minority investment from Paul, Weiss client General Atlantic, a leading growth equity firm.
Client Memo: M&A at a Glance (December 2015)
- Dec 15, 2015
- Publications
Client Memo: M&A at a Glance (December 2015)
U.S. M&A deal value reached new peaks in November 2015, spurred by strategic transactions averaging over $1 billion in value, while the number of deals continued to decline.
AppDynamics Closes $158 Million in Growth Financing
- Dec 01, 2015
- Client News
AppDynamics Closes $158 Million in Growth Financing
AppDynamics, a leading application intelligence company, announced it has secured $158 million in growth financing from new investors led by Paul, Weiss client General Atlantic, along with Altimeter Capital and with participation from …
General Atlantic Makes Strategic Investment in Network International
- Nov 26, 2015
- Client News
General Atlantic Makes Strategic Investment in Network International
Paul, Weiss client General Atlantic, along with Warburg Pincus, announced the acquisition of a 49 percent stake in Network International, the largest payments solutions provider in the Middle East and Africa, from The Abraaj…
M&A at a Glance (November 2015)
- Nov 16, 2015
- Publications
M&A at a Glance (November 2015)
Following contraction in August and September, M&A activity rebounded in October, as measured by total dollar value, while the marginal decline in overall number of announced deals continued.
M&A at a Glance (October 2015)
- Oct 15, 2015
- Publications
M&A at a Glance (October 2015)
The M&A market continued to contract in September 2015, with some indicators compounding August 2015 declines by over 40%.
Avant Announces $325 Million Funding Round Led by General Atlantic
- Sep 30, 2015
- Client News
Avant Announces $325 Million Funding Round Led by General Atlantic
As reported by The Wall Street Journal, Fortune, Bloomberg and other media outlets, Avant Inc., a marketplace lending platform, announced a definitive agreement related to a $325 million equity finance round led by Paul, Weiss…
September 2015 Private Equity Digest
- Sep 18, 2015
- Publications
September 2015 Private Equity Digest
In this edition of the Paul, Weiss Private Equity Digest, we look at the Hart-Scott-Rodino Act and provide a "Top Ten" list to help dealmakers navigate through recent trends and common pitfalls.
Client Alert: M&A at a Glance (September 2015)
- Sep 15, 2015
- Publications
Client Alert: M&A at a Glance (September 2015)
Although M&A volume is generally still up so far in 2015 as compared to 2014, growth slowed in August 2015, following several months of robust activity.
M&A at a Glance (August 2015)
- Aug 14, 2015
- Publications
M&A at a Glance (August 2015)
The global and U.S. M&A markets remained strong in July 2015, marking sustained high activity for the last three months as measured by both global and U.S. deal volumes.
Shred-it to Be Acquired by Stericycle for $2.3 Billion
- Jul 15, 2015
- Client News
Shred-it to Be Acquired by Stericycle for $2.3 Billion
Stericycle, Inc. announced that it has entered into a definitive agreement to acquire privately held Shred-it International, a portfolio company of Paul, Weiss client Birch Hill Equity Partners Management Inc., for $2.3 billion…
M&A at a Glance (July 2015)
- Jul 15, 2015
- Publications
M&A at a Glance (July 2015)
The M&A market was relatively flat in June 2015 as compared to May 2015. Notwithstanding the announcement of two large U.S. public mergers, each valued at approximately $47 billion, U.S. M&A volume increased by only …
General Atlantic Announces Investment in Aimbridge Hospitality
- Jul 13, 2015
- Client News
General Atlantic Announces Investment in Aimbridge Hospitality
Paul, Weiss client General Atlantic announced that it has made a strategic investment in Aimbridge Hospitality, the nation's second largest independent hotel investment and management firm.
General Atlantic to Acquire Majority Stake in EN Engineering
- Jul 01, 2015
- Client News
General Atlantic to Acquire Majority Stake in EN Engineering
Paul, Weiss client General Atlantic and EN Engineering, a leading utility engineering, consulting and compliance services firm, announced the launch of a new partnership in which General Atlantic will acquire a majority stake in…
General Atlantic to Acquire Majority Stake in Too Faced Cosmetics
- Jun 04, 2015
- Client News
General Atlantic to Acquire Majority Stake in Too Faced Cosmetics
As reported in the Wall Street Journal and other media outlets, Paul, Weiss client General Atlantic, a leader in global growth investing, and Too Faced Cosmetics, a leading global beauty brand, announced the launch of a new…
Awards & Recognition
Paul, Weiss Named “Corporate Department of the Year” Finalist and Matt Abbott Named “Corporate Lawyer of the Year” Finalist by The American Lawyer
- Nov 06, 2020
- Awards
Paul, Weiss Named “Corporate Department of the Year” Finalist and Matt Abbott Named “Corporate Lawyer of the Year” Finalist by The American Lawyer
Am Law has recognized Paul, Weiss and corporate partner Matthew Abbott as finalists in their “best of the best” awards.
Seven Paul, Weiss Partners Named Law360 MVPs
- Oct 04, 2020
- Awards
Seven Paul, Weiss Partners Named Law360 MVPs
Partners Matthew Abbott, Scott Barshay, Susanna Buergel, Karen Dunn, Harris Freidus, Marco Masotti and Jordan Yarett have been honored with Law360 2020 MVP Awards, which recognize an elite slate of attorneys who have distinguished…
Matt Abbott, Angelo Bonvino and Taurie Zeitzer Recognized by Business Insider as Top Private Equity Dealmakers
- Dec 11, 2019
- Awards
Matt Abbott, Angelo Bonvino and Taurie Zeitzer Recognized by Business Insider as Top Private Equity Dealmakers
Corporate partners Matt Abbott, Angelo Bonvino and Taurie Zeitzer are recognized by Business Insider as top private equity dealmakers.
Law360 Ranks Paul, Weiss Among Private Equity Groups of the Year
- Jan 28, 2014
- Awards
Law360 Ranks Paul, Weiss Among Private Equity Groups of the Year
Paul, Weiss was named a Law360 Private Equity practice group of the year. The article, which quotes corporate partners Matthew Abbott and Marco Masotti, describes the firm's attentiveness to client service detail and highlights…