Latham & Watkins Advises on APi Group Corporation’s Upsized Public Offering of Common Stock

APi Group Corporation (NYSE: APG), a global business services provider of life safety, security, and specialty services, has announced the upsize and pricing of the previously announced underwritten registered public offering of 10,569,106 shares of common stock of the Company commenced by certain funds affiliated with Blackstone Inc. and Viking Global Investors LP (collectively, the Selling Stockholders) at a public offering price of US$34.25 per share. The Selling Stockholders received the offered shares upon conversion of then-existing 5.5% Series B Perpetual Convertible Preferred Stock.

Latham & Watkins LLP represents the underwriters in the offering with a capital markets team by New York partners Peter Labonski and Erika Weinberg, with associates Hana Nah, Sofia Sitterson, and Richard Dacher. Advice was also provided on tax matters by New York partner Bora Bozkurt, with associates Lukas Kutilek and Michael Yu; on environmental, land, and resources matters by Washington, D.C. partner James Barrett, with associate Jacqueline Zhang; on labor and employment matters by New York partner Brad Williamson and Chicago counsel Leah Segall; on executive compensation, employment, and benefits matters by Chicago counsel Laura Waller, with associate Sahar Merchant; on cyber matters by Bay Area partner Robert Blamires and London counsel Danielle van der Merwe,* with associates Kiara Vaughn and Ben Leigh; and on OFAC/sanctions matters by Washington, D.C. counsel Andrew Galdes.

*Admitted to Practice in Scotland Only