Latham & Watkins
Client SatisfactionDrawing upon ‘an excellent understanding of current market conditions’, as well as conversant with the latest technologies, Latham & Watkins is well-positioned to provide a ’commercial and balanced view’ to its impressive roster of funders (banks and credit funds) and borrowers (sponsors and corporates) on the completion of cross-border deals across geographies. Recognised as ‘titans of the leveraged finance market.’ Dominic Newcomb is also ’a leader in the field’, with extensive experience in advising financial sponsors on utilising debt throughout the capital structure to facilitate cross-border M&A transactions. Of the more junior partners, the ‘impressive’ Charles Armstrong also has a strong reputation among funds, including portfolio companies, for handling the financing to facilitate bolt-on acquisitions, as well as for general refinancing purposes. On the lender side, Dan Maze has strong ties with leading investment banks, which he and Manoj Bhundia advise on bank and bond facilities among other products. Maze also handles work for private credit funds, an area of the practice which was substantially enhanced by the arrival of Fergus Wheeler and Paul Yin from Akin in November 2023. Veteran banking lawyer Stephen Kensell continues to handle some fee-earning work alongside his broader management duties. The team was further strengthened in July 2024 by the arrival of a trio of acclaimed lender-side leveraged finance partners from Cahill Gordon & Reindel LLP, namely Jonathan Brownson , Joydeep Choudhuri, and Prue Criddle. Joseph Kimberling, Sam Hamilton, Jayanthi Sadanandan, and Tania Bedi have left the firm to join Sidley Austin.
Testimonials
Collated independently by Legal 500 research team.
- 'The team has very robust expertise in acquisition finance across bonds and loans and is particularly adept at working with complex industries and the whole matrix of geographies to get transactions done.'
- 'They have an excellent understanding of current market conditions and take a commercial and balanced view when helping to manage complex matters under tight deadlines.'
- 'They are up to speed on the latest technology and market positions and are able to ensure that we get the best possible terms in every deal.'
- 'Excellent technical skills combined with great business judgement.'
- 'Dominic Newcomb is a leader in the field.'
- 'Charles Armstrong is impressive; he leads from the front.'
Key clients
- Permira
- Blackstone
- EQT
- Nordic Capital
- The Carlyle Group
- CVC Capital Partners
- TDR Capital
- One Rock Capital
- Partners Group
- Bain Capital
- Goldman Sachs
- JP Morgan
- Bank of America
- Barclays
- Morgan Stanley
- HSBC
- Bain Capital Credit
- Bridgepoint Capital Credit
- Blackstone Credit
- KKR Credit
Work highlights
- Advised Blackstone and Permira on the landmark jumbo unitranche financing for the take-private acquisition of Adevinta with deal value €14bn.
- Advised EQT on the unitranche financing for its take-private acquisition of Dechra Pharmaceuticals with deal value £4.5bn.
- Advised One Rock Capital Partners on the unitranche financing for its acquisition of Constantia Flexibles with deal value €1.1bn.
Lawyers
Practice head
The lawyer(s) leading their teams.
Dan Maze