David Beller

OPEN Health, a pre-eminent global provider of scientific communications and HEOR & market access services and a portfolio company of European private equity firm Astorg, has announced the acquisition of Acsel Health, a New York-based life science strategy and advisory firm focused on commercial strategy, pricing and market access, and commercial excellence. Latham & Watkins LLP represented Astorg and OPEN Health in the transaction with a corporate deal team led by New York partner David Beller and New York counsel Edmond Parhami, with associates Daniel Weissman, Brent Begany, and London partners Thomas Forschbach and Maarten Overmars, with associates Antonina Semyachkova and Cécile Wirxel. Advice was also provided on tax matters by New York partner Eric Kamerman and Boston partner Brian McManus, with associate Lukas Kutilek; on private equity finance matters by New York partner Josh Tinkelman, with associate Chen Tang; on healthcare regulatory matters by Washington, D.C. counsel Betty Pang; on benefits and compensation matters by Washington, D.C. partner Adam Kestenbaum, with associate Dan Gocek; on intellectual property matters by New York counsel Carrie Girgenti, with associate Alan Kim; on data privacy matters by Bay Area partner Heather Deixler; on real estate matters by New York counsel Shira Bressler; on environmental matters by New York counsel David Langer; on antitrust matters by Washington, D.C. partners Mandy Reeves and Katherine Rocco, Washington, D.C. counsel Britton Davis, and Brussels counsel Tomas Nilsson, with associates Carla Palma and Rebecca Frumento; on CFIUS matters by Washington, D.C. partner Jim Barker; on sanctions matters by Washington, D.C. partner Les Carnegie, with associate Matthew Gregory; and on insurance matters by Los Angeles partner Drew Levin, with associate Harrison White.~~

Feb 14

1 min

Clario, a healthcare research and technology company that delivers the leading endpoint technology solutions for clinical trials, has announced the acquisition of the technology company ArtiQ. This acquisition expands the power of artificial intelligence (AI) in Clario’s respiratory solutions portfolio and enhances the company’s ability to further leverage and develop innovative uses of AI across its service lines. Clario’s respiratory devices will integrate seamlessly with ArtiQ’s AI models to provide instant feedback on test quality, delivering faster, more reliable data for sponsors and yielding a better patient experience. The addition of ArtiQ, coupled with Clario’s recent acquisition of Inofab Health, expands Clario’s leadership position in supporting respiratory clinical trials and broadens the existing AI capability which encompasses over 50 proprietary AI/ML algorithms. Latham & Watkins LLP represented Clario in the transaction with a corporate deal team led by New York partner David Beller, with associates Marc Klepner, Jordan Wampler, and Jeff Hannan. Latham also represented Clario in its acquisition of Inofab Health in November 2023.~~

Apr 2

1 min

ALLETE, Inc. (NYSE: ALE) and a partnership led by Canada Pension Plan Investment Board (CPP Investments) and Global Infrastructure Partners (GIP), (the partnership), have jointly announced that they have entered into a definitive agreement under which the partnership will acquire ALLETE for US$67.00 per share in cash, or US$6.2 billion including the assumption of debt. ALLETE is a leading energy company and provider of safe, reliable, and competitively priced energy with a national footprint. Upon completion of the acquisition, ALLETE’s shares will no longer trade on the New York Stock Exchange, and ALLETE will become a private company. Latham & Watkins LLP represents the partnership led by CPP Investments and GIP in connection with the transaction, and additionally advised CPP Investments on the partnership arrangements with GIP. The Latham deal team is led by New York partners David Allinson and David Beller and New York counsel Richard Quay, with associates Saïd Bakir and Eric Czubiak.~~

May 6

1 min

Investment funds managed by Morgan Stanley Capital Partners (MSCP), the private equity team at Morgan Stanley Investment Management, have announced that they have acquired Apex Companies, a leading provider of end-to-end environmental consulting and engineering solutions, from Sentinel Capital Partners. Latham & Watkins LLP represented MSCP in the transaction with a corporate deal team led by partner David Beller and counsel Richard Quay. Partner Stephanie Teicher advised on private equity finance matters. All lawyers are based in the firm’s New York office.~~

Feb 1

1 min

Sightline Payments, a leading FinTech company specializing in payments technology for the regulated gaming industry, has announced the completion of a funding round following a strategic investment from J.P. Morgan Payments. As part of this deal, Sightline will work with J.P. Morgan Payments to develop an integrated omnichannel solution for resort and online gaming companies, serving the resort, entertainment, and lodging ecosystem. This investment round is Sightline’s first in 2022. It follows two funding rounds in 2021, which were led by William Foley’s Cannae Holdings and Searchlight Capital Partners. Latham & Watkins LLP advised Sightline in the transaction with a corporate deal team led by New York partner David Beller, with associates Thomas Engelhardt and Kyle Adams. Advice was also provided on intellectual property matters by New York partner Steven Betensky; on Fintech regulatory matters by Washington, D.C. partners Barrie VanBrackle and Tony Kim and San Diego partner John Wilson; on benefits and compensation matters by Washington, D.C. partner Adam Kestenbaum; on tax matters by New York partner Matthew Dewitz; on bank regulatory matters by New York partner Alan Avery and New York counsel Pia Naib; and on funds regulatory matters by Chicago partner Laura Ferrell, with associate Jennifer Tian. Latham also represented Sightline in two funding rounds in 2021, as well as Searchlight Capital Partners on its majority investment in 2020 and subsequent funding rounds.~~

Oct 20

1 min