Latham Leads All Law Firms Advising on the Most Significant PE Deals of 2024 

Recognition December 26, 2024Bloomberg LawBloomberg Law highlights firm’s unmatched ability to serve at scale across the private equity ecosystem.
Bloomberg Law has identified the most impactful private equity transactions that “helped fuel Big Law in 2024,” with Latham advising on three of the five featured transactions, more than any other law firm. Latham’s number one position in these market-defining private equity transactions reinforces the firm’s standing as a global powerhouse for the most complex and sophisticated deals. The Bloomberg Law article, published on December 24, includes the following transactions on which Latham played a leading role:A London-led cross-border team advised existing owners EQT, CPP Investments, and Nord Anglia Education on the sale of Nord Anglia Education to a consortium formed by Neuberger Berman Private Markets, EQT, and CPP Investments, along with other global institutional investors, for an enterprise value of US$14.5 billion. This groundbreaking deal in the global education sector is one of the largest in Europe in 2024.
A New York-based private equity M&A team advised SRS Distribution, a leading distributor of residential roofing, landscaping, and pool products in the US, and formerly a portfolio company of Leonard Green & Partners and Berkshire Partners, in its US$18.25 billion acquisition by The Home Depot (NYSE: HD), the world’s largest home improvement retailer. The transaction is the fourth-largest US private equity exit ever (PitchBook).
A New York team represented the agents, arrangers, financing sources, and initial purchasers in financings totaling ~US$9.18 billion to support Stone Point Capital and Clayton, Dubilier & Rice’s acquisition of Truist Insurance Holdings, the fifth largest insurance brokerage in the US, from Truist. The landmark acquisition, valuing Truist Insurance Holdings at US$15.5 billion, is one of the largest take-private transactions of 2024.
“We are proud to have advised our clients on their most significant, landmark transactions in another outstanding year for our practice. With our extensive experience and proven track record across industries and in the world’s financial centers, no firm can match the depth and breadth of our market-leading private equity practice. Our ability to serve in various roles at scale — from principal M&A adviser to representing both investment banks and private credit lenders in their most sophisticated and bespoke financings — gives us a 360-degree view of the market and distinctly sets us apart,” said Paul Kukish, Global Chair of Latham’s Private Equity Practice.Endnotes