Paul, Weiss is advising Resolute Holdings I, LP, and its affiliates in their acquisition of a majority interest in CompoSecure, Inc., a leader in metal payment cards, security and authentication solutions. The deal marks the first investment by Resolute, an investment firm led by David Cote, executive chairman of Vertiv, and Tom Knott, former head of Permanent Capital Strategies at Goldman Sachs. Under the terms of the transaction, the selling shareholders will exchange the entirety of their class B units and associated class B shares for class A shares, eliminating the current dual-share class structure. The Cote family will make a $372 million investment through Resolute, and Dave Cote will become the executive chairman of the board of directors of CompoSecure. The transaction is expected to close by September 30, subject to customary closing conditions and regulatory approvals. The Paul, Weiss team is led by corporate partner Laura Turano and includes, among others, partners Maury Slevin, Neil Goldman, Joseph Friedman, Suhan Shim, Michael Vogel, Aaron Schlaphoff, John Kennedy, Marco Masotti, Christodoulos Kaoutzanis, Timothy Cruickshank, Jennifer Songer, Kanesh Balasubramaniam, Manuel Frey and Patricia Vaz de Almeida, and counsel Stan Richards, Jason Tyler, Nathan Mitchell and David Sobel; intellectual property partners Bonnie Chen and Jonathan Ashtor; tax partners Robert Holo and Anne McGinnis and counsel Patrick Karsnitz; litigation partners John Carlin, Andre Bouchard, Jaren Janghorbani and Geoffrey Chepiga; antitrust partners Nicole Kar and Marta Kelly, and counsel Chad de Souza, Yuni Sobel, John Magruder and Lauren O’Brien; executive compensation partners Jarrett Hoffman and Jean McLoughlin, and counsel Sasha Belinkie; restructuring partner Jacob Adlerstein; real estate partner Peter Fisch; and environmental counsel William O’Brien.