Law firms

Apollo Infrastructure Funds Invest $200 Million in FirstDigital Telecom

Thursday, July 29, 2021 - 2:13pm

NEW YORK, July 29, 2021 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, Apollo) today announced that funds managed by its affiliates (the Apollo Funds) have agreed to invest $200 million of preferred equity in FirstDigital Telecom (FirstDigital or the Company), a leading fiber-based carrier in the western United States.

Key Points: 
  • NEW YORK, July 29, 2021 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, Apollo) today announced that funds managed by its affiliates (the Apollo Funds) have agreed to invest $200 million of preferred equity in FirstDigital Telecom (FirstDigital or the Company), a leading fiber-based carrier in the western United States.
  • FirstDigital is a leading fiber operator in the southwest region, and were excited to leverage our telecoms infrastructure expertise and capital to help the company grow, said Dylan Foo, Senior Partner and Co-Head of Infrastructure at Apollo.
  • Apollos Andrew Kirby added: Against a backdrop of strong industry tailwinds, we believe that FirstDigital is well positioned to capture a substantial market opportunity.
  • Evercore acted as financial advisor and Simpson Thacher & Bartlett LLP as legal advisor to the Apollo Funds.

Arqit and Dentons Launch Secure Identity Product

Tuesday, July 27, 2021 - 8:27am

Arqit expects the market to accelerate further due to the advent of COVID-19 and the further adoption of quantum secure technology.

Key Points: 
  • Arqit expects the market to accelerate further due to the advent of COVID-19 and the further adoption of quantum secure technology.
  • Dentons (London) will be the pilot user and also intends to assist Arqit in distributing QuantumKeep to the legal services market where Dentons has relationships with independent firms.
  • It brings together Arqit's QuantumCloudTM encryption and the global compliance expertise of one of the world's largest law firms, to create the worlds first quantum secure identity management and compliance product suite.
  • This communication is being made in respect of the proposed transaction involving Arqit Limited (Arqit), Centricus Acquisition Corp. (Centricus) and Arqit Quantum Inc. (Pubco), a newly formed Cayman holding company.

New Mountain Capital to Acquire Flexan

Monday, July 26, 2021 - 1:00pm

An affiliate of New Mountain Capital, LLC (New Mountain) announced that it has reached a definitive agreement to acquire Flexan, a leading medical device contract design and manufacturing organization that specializes in silicone, thermoplastic, and specialty rubber components and devices.

Key Points: 
  • An affiliate of New Mountain Capital, LLC (New Mountain) announced that it has reached a definitive agreement to acquire Flexan, a leading medical device contract design and manufacturing organization that specializes in silicone, thermoplastic, and specialty rubber components and devices.
  • Flexan will be acquired by ILC Dover, a New Mountain Capital portfolio company.
  • Simpson Thacher & Bartlett LLP acted as legal counsel to New Mountain Capital and Kirkland & Ellis LLP acted as legal counsel to Flexan.
  • BNP Paribas served as financial advisor to New Mountain Capital and Baird served as the financial advisor to Flexan.

Omnicell to Acquire FDS Amplicare

Monday, July 26, 2021 - 1:00pm

"The COVID-19 pandemic has accelerated the transformation to the New Era Pharmacy, said Adam McMullin, chief executive officer, FDS Amplicare.

Key Points: 
  • "The COVID-19 pandemic has accelerated the transformation to the New Era Pharmacy, said Adam McMullin, chief executive officer, FDS Amplicare.
  • Evercore served as financial advisor and provided a fairness opinion to Omnicell and Sidley Austin LLP served as legal counsel to Omnicell.
  • Baird served as financial advisor to FDS Amplicare, and Willkie Farr & Gallagher served as legal counsel to FDS Amplicare.
  • OMNICELL, the Omnicell logo and EnlivenHealth are registered trademarks or trademarks of Omnicell, Inc. or one of its subsidiaries.

Morrison & Foerster Adds Maria B. Earley as a Financial Services and FinTech Partner in Washington, D.C.

Monday, July 26, 2021 - 2:30pm

WASHINGTON, July 26, 2021 /PRNewswire-PRWeb/ -- Morrison & Foerster , a leading global law firm, is pleased to announce the addition of Maria B. Earley as a partner in its Financial Services and FinTech Groups in Washington, D.C. Ms. Earley joins Morrison & Foerster from another prominent international firm, where she served as financial services regulatory and enforcement partner and built the firm's FinTech practice.

Key Points: 
  • WASHINGTON, July 26, 2021 /PRNewswire-PRWeb/ -- Morrison & Foerster , a leading global law firm, is pleased to announce the addition of Maria B. Earley as a partner in its Financial Services and FinTech Groups in Washington, D.C. Ms. Earley joins Morrison & Foerster from another prominent international firm, where she served as financial services regulatory and enforcement partner and built the firm's FinTech practice.
  • Ms. Earley is a highly experienced financial services regulatory lawyer whose addition to Morrison & Foerster underscores the firm's commitment to the growth of its global finance capabilities.
  • Ms. Earley's practice focuses on advising and representing financial services and FinTech companies with respect to product development, regulatory compliance, state and U.S. federal enforcement and examination, state licensing, and transactional matters.
  • "Morrison & Foerster is an industry-leading global firm with exceptional Financial Services, FinTech, and Litigation credentials, not to mention a unique culture," said Ms. Earley.

Vault Law Releases 2022 Rankings For Its Top 100 Law Firms, Best Law Firms By Region, And Best Law Firms By Practice Area

Monday, July 26, 2021 - 2:00pm

This is the fourth straight year that these 10 firms have been at the top of the Vault Law 100.

Key Points: 
  • This is the fourth straight year that these 10 firms have been at the top of the Vault Law 100.
  • This year's Top 100 saw four firms make impressive gains in the rankings: Perkins Coie LLP , which increased 10 spots to No.
  • But it's shining on the Big Apple once againthis year's Top 100 rankings marked a rise in firms with New York roots.
  • Not to mention, the majority of the Vault Law 100's top 10 firms hail from New York.

Vinco Ventures and ZASH Global Media and Entertainment through their Joint Venture, ZVV Media Partners, Completes Acquisition of Lomotif

Friday, July 23, 2021 - 1:51pm

"We couldn't be more proud to have Lomotif as the crown jewel of our media and entertainment company alongside ZASH and Vinco Ventures," said Ted Farnsworth, co-founder of ZASH.

Key Points: 
  • "We couldn't be more proud to have Lomotif as the crown jewel of our media and entertainment company alongside ZASH and Vinco Ventures," said Ted Farnsworth, co-founder of ZASH.
  • The addition of Lomotif enhances Vinco Ventures and ZVV Media's offering by adding a short-form video component to its overall ecosystem as the company continues to grow a global content-centric technology company.
  • The media and entertainment team led by Tom K. Ara at law firm DLA Piper LLP negotiated and advised ZASH on the Lomotif acquisition deal.
  • ZASH Global Media and Entertainment Corporation is an evolving network of synergetic companies working together to disrupt the media and entertainment industry.

Neal R. Stoll Recognized for Excellence in Law

Thursday, July 22, 2021 - 7:05pm

His college adviser suggested that he pursue a law degree due to the plethora of career options it would present.

Key Points: 
  • His college adviser suggested that he pursue a law degree due to the plethora of career options it would present.
  • Mr. Stoll was subsequently recruited as a law associate by Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates.
  • Throughout the following eight years, he flourished while developing an expertise in antitrust law under the mentorship of Stephen Axinn.
  • As a proud alumnus of the Pennsylvania State University, Mr. Stoll and his wife created the Linda G. Stoll and Neal Richard Stoll Scholarship in the late 1980s.

ExtraHop Announces Completion of Acquisition by Bain Capital Private Equity and Crosspoint Capital Partners

Thursday, July 22, 2021 - 5:45pm

ExtraHop, the leader in cloud-native network detection and response, today announced the completion of its acquisition by Bain Capital Private Equity and Crosspoint Capital Partners.

Key Points: 
  • ExtraHop, the leader in cloud-native network detection and response, today announced the completion of its acquisition by Bain Capital Private Equity and Crosspoint Capital Partners.
  • Adding the resources, expertise, and financial support of Bain Capital Private Equity and Crosspoint Capital Partners will allow ExtraHop to extend our leadership in the network detection and response market and continue to innovate to help our customers stay ahead of the game."
  • Morgan Stanley & CO. LLC served as the financial advisor to Bain Capital Private Equity and Crosspoint Capital Partners, and Ropes & Gray LLP served as legal counsel.
  • Crosspoint Capital Partners is a private equity investment firm focused on the cybersecurity, privacy and infrastructure software markets.

Powerhouse Global Tax Partners Join McDermott

Thursday, July 22, 2021 - 2:10pm

Jeff and Meaghan join from Baker McKenzie where Jeff was Chair of its Global Tax Planning and Transactions Practice Group and was a member of the Management Committee for the firm's North American Tax Practice.

Key Points: 
  • Jeff and Meaghan join from Baker McKenzie where Jeff was Chair of its Global Tax Planning and Transactions Practice Group and was a member of the Management Committee for the firm's North American Tax Practice.
  • Michael joins from DLA Piper where he was a member of its Global Tax Committee.
  • Their addition strengthens the Firm's position as a top-tier global tax practice."
  • We are thrilled Jeff, Meaghan and Michael have chosen McDermott as their new firm," said Jane Wells May , global head of the Firm's Tax practice.