Latham & Watkins Advises Tegus in US$930 Million Acquisition by AlphaSense

AlphaSense, the leading market intelligence and search platform, announced an agreement to acquire Tegus, a leading provider of expert research, unique private company content, and financial data and workflow tools. This transaction will bring Tegus’ breadth of private company data to AlphaSense’s platform, further delivering on the companies’ shared mission to empower business and financial professionals to make smarter decisions through AI-driven market intelligence. The transaction is expected to close in the third quarter of 2024.

Latham & Watkins LLP represents Tegus in the transaction with a corporate deal team led by Chicago partners Dan Breslin and Jana Kovich, with associates Eddie Brennan, Omar Ammash, Katie Connelly, Erica Kucharski, and Cyrie Wilson. Advice was also provided on tax matters by Chicago partner Rene de Vera, with associate Andrea Herman; on benefits matters by Bay Area partner Ashley Wagner, with associate Nimra Syed; and on antitrust matters by Bay Area partner Kelly Fayne, with associates Carla Palma and Hanna Nunez Tse. This transaction follows Latham’s long-term representation of Tegus, including its Series B funding round, as well as its 2022 acquisition of Canalyst.