Latham & Watkins Advises Chatham Financial in Acquisition of Tech Startup Serving the Commercial Real Estate Industry

Chatham Financial, a global leader in financial risk management technology and advisory, announced its acquisition of Verumex (VmX), a comprehensive global data platform serving the complex needs of the commercial real estate (CRE) industry. The combined firm will enable CRE investors and asset managers to resolve common challenges associated with poor CRE data quality, improving day-to-day efficiency, and increasing decision-making confidence for clients. Under the acquisition, VmX is now wholly owned by Chatham Financial.

Latham & Watkins LLP advised Chatham Financial in the transaction with a corporate deal team led by New York partners David Allinson and Edmond Parhami, with associate Sophia Yang. Advice was also provided on tax matters by New York partner Matthew Dewitz, with associate Ashley Flor; on benefits and compensation matters by New York partners Bradd Williamson and Max Raskin, with associate Dana Yeliseyev; on labor and employment matters by Chicago partner Nineveh Alkhas, with associate Sahar Merchant; on intellectual property matters by New York partner Jessica Cohen, with associate Ece Gonulal; on data privacy matters by Houston/Austin counsel Robert Brown, with associate Zac Alpert; on regulatory matters by Brussels partner Héctor Armengod and Hamburg partner Jana Dammann; and on insurance matters by Los Angeles partners Drew Levin and Harrison White, with associate Enrique Covarrubias.