Latham Advises Goldman Sachs Alternatives on Acquisition of Majority Stake in Crystal

Latham & Watkins has advised Goldman Sachs Alternatives on its acquisition of a majority stake in the Crystal Group, a French leader in wealth management. Crystal’s management team and Seven2 will remain shareholders of approximately 25% of the company. The completion of the transaction remains subject to regulatory clearances.

The Latham team was led by Paris partners Alexander Crosthwaite and Simon Lange, with associates Thibault Burnier, Claudia Reix, Eléonore Béthouart, and Salomé Kleimann. Advice was also provided on finance matters by London partners Jay Sadanandan and Ben Wright, with associate Julie Van der Meersche, and Paris partner Lionel Dechmann, with associate Aurélien Lorenzi; on compliance matters by Paris partner Fabrice Fages, with counsel Elise Auvray; on data protection matters by Paris partner Myria Saarinen, with associate Camille Dorval; on IP matters by Paris partner Jean-Luc Juhan, with associate Daniel Martel; and on employment matters by Paris partner Matthias Rubner.