Grace M. Lee is a tax partner in the San Francisco office of Latham & Watkins and focuses on US federal income taxation.

Grace advises clients on US federal income tax matters relating to mergers and acquisitions, investments, and other transactions. She has substantial experience representing strategic and financial buyers and sellers, public and private companies, and investors in connection with US and cross-border mergers and acquisitions, joint ventures and partnerships, reorganizations, and financing transactions. Prior to joining Latham in 2007, she practiced in New York.

Grace clerked for Judge Susan Oki Mollway, US District Court for the District of Hawaii, from 2002 to 2003.

Grace has substantial experience advising clients in mergers and acquisitions, joint ventures, and other transactions. Her clients in recent matters include:

  • Adventist Health
  • ArchiMed
  • BV Investment Partners
  • Cadence Design Systems
  • Goldman Sachs
  • GreyLion Capital
  • Hippo Enterprises
  • Intuit
  • Penguin Solutions (fka SMART Global)
  • Prospect Hill Growth
  • Reddit
  • System1 
  • WestView Capital Partners

Selected M&A representations include:

  • Goldman Sachs in its acquisition of Xpress Wellness
  • Cadence Design Systems in its US$1.24 billion acquisition of BETA CAE Systems International
  • MTL Holdings in its US$410 million sale by GreyLion Partners to Carlisle Companies
  • e.l.f. Cosmetics in its US$335 million acquisition of Naturium LLC
  • MedAlliance in its US$1.14 billion sale to Cordis
  • System1 in its US$340 million sale of Total Security Limited
  • New Relic in its US$6.5 billion take private to Francisco Partners and TPG Capital
  • Intuit in its:
    • US$7.1 billion acquisition of Credit Karma
    • US$12 billion acquisition of Mailchimp
    • US$340 million acquisition of TSheets
  • Sobi in its US$1.7 billion acquisition of CTI BioPharma Corp
  • Elephant Partners in connection with KnowBe4’s US$4.6 billion going-private transaction
  • ArchiMed Group in its US$1.2 billion acquisition of Natus Medical Incorporated
  • Cerner in US$28.3 billion acquisition by Oracle
  • Cast & Crew on its:
    • Acquisition of Backstage Holdings
    • Acquisition of the Team Companies
  • Slack Technologies in its US$27.7 billion sale to Salesforce
  • Planet Labs in its US$2.8 billion business combination with dMY Technology Group IV
  • Cloudera in its US$5.3 billion sale to affiliates of Clayton, Dubilier & Rice and KKR
  • Hippo Enterprises, a provider of home insurance products, in its US$5 billion business combination with Reinvent Technology Partners Z
  • Postmates in its US$3 billion sale to Uber
  • Pipedrive in its majority investment by Vista Equity Partners
  • Cradlepoint in its US$1.1 billion sale to Ericsson
  • Aimmune Therapeutics in its US$2.6 billion sale to Nestle
  • Honey Science in its US$4 billion acquisition by PayPal
  • Virgin America in its approximately US$4.43 billion sale to Alaska Airlines
  • Twitch Interactive in its US$970 million sale to a multi-national technology company
  • CH2M Hill Companies, Ltd. in its US$3.27 billion sale to Jacobs Engineering Group
  • Thoratec in its approximately US$3.48 billion sale to St. Jude Medical
  • OpenTable in its US$2.6 billion sale to Priceline
  • Safeway in its:
    • Spinoff of Blackhawk Network Holdings
    • US$9 billion sale to Albertsons

Grace also frequently represents issuers and underwriters in equity, debt, and convertible note offerings and investors and companies in connection with investments, financings, and restructurings.

Bar Qualification

  • California

Education

  • JD, Yale Law School, 2002
  • AB, Harvard College, 1999

Languages Spoken

  • English
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September 8, 2021 Recognition

Tax MVP: Latham’s Grace Lee

Bay Area tax partner Grace Lee honored for advising on some of the year’s biggest deals.