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Latham Represents Neuberger Berman Capital Solutions in Investment in Veeam Software Bringing Valuation to US$15 Billion
December 6, 2024
Firm advises the investment manager in connection with a US$2 billion secondary equity offering.
Veeam® Software, the #1 global leader in Data Resilience by market share, has announced an expansion of its shareholder base in a US$2 billion secondary offering, valuing the company at US$15 billion. This transaction was led by TPG (NASDAQ: TPG) with participation from Temasek, Neuberger Berman Capital Solutions, and other key investors, reinforcing Veeam’s position as a global leader in the rapidly growing data resilience market.
Latham & Watkins LLP represented Neuberger Berman Capital Solutions in the transaction with a team led by partners Stelios Saffos, Peter Sluka, and Andrew Blumenthal, with associate Hana Nah. Advice was also provided on tax matters by partner Pardis Zomorodi.