Saad Khanani

ServiceTitan has announced a definitive agreement to acquire Convex, a leading sales and marketing platform built specifically for the commercial services industry. This new partnership will help deliver an industry-leading end-to-end solution that enables commercial service businesses to grow profitably, from initial outreach to new prospects, through work order execution, invoicing, job costing, and everything in between. Latham & Watkins LLP represented Convex Labs in the deal with a corporate M&A team led Bay Area partners Saad Khanani and Ben Potter, with associates Abby Timmons and Rose Kenyon, as well as emerging companies and growth associates Christian Hollweg and Michelle Chern. Advice was also provided on IP and data privacy matters by Bay Area partner Michelle Gross, with associates Zac Alpert, Jennifer Howes, Ryan Sanders, and Sarah Zahedi; on tax matters by Bay Area partner Kirt Switzer, with associate Derek Gumm; on labor and employment matters by Bay Area partner Oswald Cousins; and on benefits and compensation matters by Bay Area partner Ashley Wagner, with associate Julia Lee.~~

Apr 29

1 min

NVIDIA has announced it has entered into a definitive agreement to acquire Run:ai, a Kubernetes-based workload management and orchestration software provider. NVIDIA will continue to offer Run:ai’s products under the same business model for the immediate future, and will continue to invest in the Run:ai product roadmap as part of NVIDIA DGX Cloud, an AI platform co-engineered with leading clouds for enterprise developers, offering an integrated, full-stack service optimized for generative AI. Latham & Watkins LLP is representing NVIDIA in the acquisition, with a corporate M&A team led Bay Area partner Saad Khanani and Bay Area/New York partner Josh Dubofsky, with associates Lauren Lefcoe, Tiana Baghdikian, and Alec Hampton. Advice was also provided on transactional tax matters by Washington, D.C. partner Nicholas DeNovio, with associate Abigail Friedman; on FCPA matters by New York partner Matthew Salerno, with associate Elizabeth Annis; on executive compensation, employment, and benefits matters by Century City/Bay Area partner Julie Crisp, with associates Joe Benedetto and Iryna Onyshchenko; on data and technology transactions matters by Bay Area counsel Arielle Singh, partner Robert Blamires, and London partner Fiona Maclean, with associates Deborah Hinck, Amy Tosi, Lorenzo Meusburger, and Julian Savelski; and on antitrust and competition matters Bay Area partner Joshua Holian, London partner Jonathan Parker,  Hamburg partner Jana Dammann, and Washington, D.C. partner Peter Todaro with Brussels counsel Tomas Nilsson, associates James Mathieson, Markus Welzenbach, Edd Rarity, Sydney Kirlan-Stout, and Evan Omi. Additional advice was provided by Tel Aviv partner Josh Kiernan, with associate Gilad Zohari.~~

Apr 29

1 min

Ubitus K.K., a leading provider of cloud gaming technology and solutions, has announced that it has received new investment funding from NVIDIA. This announcement underscores the immense potential and accelerating demand for generative AI and cloud gaming across Asia and beyond. Latham represented NVIDIA in the investment with a corporate deal team led by Bay Area partner Saad Khanani and Tokyo partner Hiro Takagi, with associate Daniel Khalessi.~~

Mar 28

1 min

Eigen Labs, the company behind the EigenLayer protocol, has announced the acquisition of the restaking platform Rio Network, a network for issuing Liquid Restaking Tokens (LRTs). The Rio team will join Eigen Labs and focus on supercharging the EigenLayer ecosystem, which enables users to reuse their already staked assets, like Ether, to secure additional blockchains. Latham & Watkins LLP advised Eigen Labs in the acquisition with an Emerging Companies & Growth team led by Bay Area partners Ben Potter and Saad Khanani, with associate Chris Cruickshank. Advice was also provided on tax matters by Bay Area partner Kirt Switzer, with associate Dennis Poehland; on benefits and compensation matters by Bay Area partner Ashley Wagner, with associate Julia Lee; on securities law matters by New York partner Stephen Wink; and on IP matters by Bay Area counsel Arielle Singh, with associate Ryan Sanders.~~

Jun 14

1 min

A group of investors have closed the acquisition of Jackson Hole Mountain Resort (JHMR), an iconic mountain destination in Teton Village, Wyoming. The investors, which include JHMR Board Members Eric Macy, Mike Corbat, their families and a small, select group of co-investors, take over for the Kemmerer family after 31 years of ownership. Financial details of the private transaction will not be disclosed. Latham & Watkins LLP represented the buyer group in all aspects of the transaction with a corporate deal team led by partners Tad Freese and Saad Khanani, with associates Danny Nordstrom, Madisson Goorman, and Ben Bouwman; an equity and real estate team led by partners Rachel Bates and Nadia Sager, with associates Dylan Carroll, Cristian Kelly, Jonathan Kashani, and Shreya Patel; and a debt team led by partner Kenneth Askin, with associates Yesenia Barberena and Kendall Ota. Advice was also provided on tax matters by partner Pardis Zomorodi; on benefits matters by partner Julie Crisp with associate Julia Lee; on environmental matters by partners Chris Norton and Marc Campopiano; on employment matters by partner Joe Farrell; on intellectual property matters by counsel Arielle Singh, with associate Ryan Sanders; on data privacy matters by Houston counsel Robert Brown, with associate Priyanka Shridhar Krishnamurthy; and on antibribery and anticorruption matters by partner Erin Brown Jones. Members of the Latham team are based in Latham’s California, Chicago, Houston, and Washington, D.C. offices.~~

Feb 7

1 min