Latham & Watkins Advises ButterflyMX in Investment From FTV Capital

ButterflyMX, the leading cloud-based property access platform for multifamily and commercial properties, has announced a significant growth equity investment from FTV Capital, a sector-focused growth equity firm. With nearly 17,000 buildings and 1.5 million people using ButterflyMX daily, this investment will enable expansion into new markets, accelerate new product offerings, and solidify its position as the leading provider of property access control and security solutions.

Latham & Watkins LLP advises ButterflyMX in the matter, with a corporate deal team led by Boston partners Stephen Ranere and Matthew Cohn, Boston counsel Andrew Moosmann, with associates Sally Gu, Michael Pioso, and Cherrie Wang. Advice was also provided on executive compensation and benefits matters by Boston partner Josh Friedman, with associate Rebecca Fishbein; on tax matters by Chicago partner Rene de Vera; on IP matters by Boston partner Sarah Gagan, with associate Alex Theuer; on data privacy matters by Robert Brown II, with associate Priyanka Krishnamurthy; on antitrust matters by Washington, D.C. partner Peter Todaro and Brussels counsel Tomas Nilsson, with associate Kristen Previto; and on labor and employment matters by New York counsel Sandra Benjamin, with associate Elizabeth Duncan.