Latham & Watkins Advises Spectrum Equity on Reinvestment in Empyrean Solutions

Empyrean Solutions (Empyrean), a leading provider of risk and performance management software for financial institutions, announced a significant strategic investment from Hg, a leading investor in European and North American software businesses. The Empyrean management team and current investors, TechVenture Investors, and Spectrum Equity, will all remain shareholders. Spectrum Equity will also participate alongside Hg in the current transaction.

Latham & Watkins LLP represents Spectrum Equity in the transaction with a corporate deal team led by Boston partner Hans Brigham and Boston associate Laki Triantafylidis, with associates Gabrielle Carusello and Cherrie Wang. Advice was also provided on tax matters by Century City/Los Angeles partner Pardis Zomorodi, with associate Brian Rogers.