Latham & Watkins Advises on Providence Equity Partners’ Investment in Brandt Information Services
Brandt Information Services, a leading provider of outdoor recreational technology platforms, has announced an equity investment from Providence Equity Partners, a premier private equity firm specializing in growth-oriented investments in media, communications, education, and technology. As part of the transaction, NexPhase Capital, LP, a thematically driven and operationally focused private equity firm and current investor in Brandt, will retain equity in the company. Financial terms of the transaction were not disclosed.
Latham & Watkins LLP represented the private capital financing sources in the transaction with a deal team led by New York partners Stelios Saffos and Peter Sluka and New York counsel Marcela Ruenes, with associate Pio Lopez. Advice was also provided on corporate matters by Chicago partners Zak Judd and Jonathan Sarna, with associate Matthew Galligan; on tax matters by New York partner Jocelyn Noll; on data privacy matters by Bay Area partner Robert Blamires, with associate Kiara Vaughn; on anti-corruption matters by Washington, D.C. partner Erin Brown Jones; on government contracts matters by Washington, D.C. partner Kyle Jefcoat; on UCC matters by New York partner Larry Safran; and on intellectual property matters by New York partner Jeff Tochner.