Private Equity

  • June 18, 2026

    Goodwin, Latham Lead Biotech Kardigan's $400M IPO

    Venture-backed Kardigan Inc., a biotechnology firm developing therapies for cardiovascular diseases, hit the public markets on Thursday after raising $400 million in its initial public offering.

  • June 18, 2026

    Stockholders Tell Chancery Broadband Buyout Was Lowballed

    A pair of former WideOpenWest Inc. stockholders have sued the cable and broadband provider's controlling shareholder in Delaware Chancery Court, alleging a 2025 take-private deal unfairly shortchanged minority investors and allowed insiders to capture the future value of the company for themselves.

  • June 18, 2026

    DeepSeek's Valuation Soars To $50B, Plus More Rumors

    Artificial intelligence company DeepSeek hit a $50 billion valuation following its latest funding round, the original backers of artificial intelligence company Manus are planning to buy the company back from Meta, and private equity shop KKR wants to buy a majority stake in the Indian business of Sweden's Medicover for at least $1 billion.

  • June 18, 2026

    Milbank-Led EQT To Buy SpaceX Satellite Launch Partner

    ​Swedish private equity giant EQT said Thursday its fund has agreed to acquire Exolaunch from the German satellite launch services company's founder, marking its first investment in the rapidly growing space sector.

  • June 18, 2026

    Freshfields Steers EQT's £10.9B Cash Offer For Intertek

    Product testing heavyweight Intertek Group said Thursday that it has agreed to a £10.9 billion ($14.4 billion) cash takeover by EQT after months of courting by the Swedish private equity firm.

  • June 17, 2026

    Paul Weiss-Led Data Center Operator Csquare Files IPO Plans

    Data center operator CSquare Inc. has filed plans with the U.S. Securities and Exchange Commission for its initial public offering, steered by Paul Weiss Rifkind Wharton & Garrison LLP and Latham & Watkins LLP.

  • June 17, 2026

    Capital Firm Boss Says Conn. Court Must Nix $10.4M Remedy

    The co-founder of a capital firm wants a Connecticut state judge to lift an order that allows for a hold on $10.36 million worth of his assets in favor of an investment bank that accused him of involvement in a securities fraud scheme, noting that the underlying verdict was overturned on appeal.

  • June 17, 2026

    Apple Device Software Co. Investor Sues Over Sale Records

    A former stockholder of Jamf Holding Corp. has sued in Delaware Chancery Court seeking access to company records tied to the software company's $13.05-per-share sale to private equity firm Francisco Partners, arguing the documents are needed to investigate whether conflicts of interest tainted the deal process.

  • June 17, 2026

    Bass Berry, Foley Hoag Guide $272M AstroNova Take-Private

    Bass Berry & Sims PLC is advising Arcline Investment Management on a $272 million deal to take Foley Hoag LLP-advised aerospace and industrial printing company AstroNova Inc. private, the companies said Wednesday. 

  • June 17, 2026

    3 Firms Guide Quantum Tech Co. EigenQ's $3B SPAC Merger

    Quantum technology company EigenQ Inc., advised by Ellenoff Grossman & Schole LLP, on Wednesday unveiled plans to go public by merging with Greenberg Traurig LLP-led special purpose acquisition company Silicon Valley Acquisition Corp. in a deal that values the business at $3 billion.

  • June 16, 2026

    Align Capital Secures $1.1B Across 2 New Funds

    Align Capital Partners, advised by Kirkland & Ellis LLP, on Tuesday revealed that it closed its two latest funds after securing a combined $1.1 billion of investor commitments.

  • June 16, 2026

    Kirkland-Led Clearlake Wraps $14.8B Flagship Fund

    Kirkland & Ellis LLP-advised private equity shop Clearlake Capital Group LP on Tuesday revealed it had closed its eighth flagship fund with $14.8 billion in tow, targeting investments in the artificial intelligence, software modernization, digital transformation and operational efficiency sectors.

  • June 16, 2026

    Skadden Adds Investment Management Trio In DC, Abu Dhabi

    Skadden Arps Slate Meagher & Flom LLP has hired three former lawyers from Akin Gump Strauss Hauer & Feld LLP who will work with investment management clients in Abu Dhabi and Washington, D.C., according to a Tuesday announcement.

  • June 16, 2026

    4 Firms Advise On Yum Deal To Sell Pizza Hut For $2.7B

    Yum Brands said Tuesday it has agreed to sell Pizza Hut in two transactions valued at about $2.7 billion in total, with private equity firm LongRange Capital acquiring the business outside mainland China and Yum China Holdings buying the China operations.

  • June 16, 2026

    Florida Judge Blocks Lutnick Deposition In Trump Media Suit

    A Florida judge has denied a second bid to depose U.S. Secretary of Commerce Howard Lutnick in the lawsuit over the delayed public offering of President Donald Trump's social media website, ruling that the court has no jurisdiction over the Cabinet official because he's not a party to the action.

  • June 16, 2026

    SpaceX Inks $60B Cursor Deal As Gibson Dunn, Kirkland Lead

    Elon Musk's SpaceX disclosed Tuesday that it has agreed to acquire Anysphere Inc., the developer of artificial intelligence coding assistant Cursor, in an all-stock transaction valuing the company at about $60 billion.

  • June 15, 2026

    6th Circ. Says Auto Mogul Must 'Pay Up' In Lengthy Loan Spat

    The Sixth Circuit on Monday upheld a $750 million judgment and a separate $20 million contempt ruling against the owner of an auto parts manufacturer in a 24-year-old fight over a defaulted loan, ruling that the mogul must "pay up."

  • June 15, 2026

    No Longer Sidelined, Private Equity Firms Bet Big On Sports

    With a limited number of major professional sports teams for sale and astronomical valuations leaving a high barrier to entry, experts say college sports and emerging leagues are providing opportunities for private investment, and the rapidly shifting rules are creating compliance challenges for attorneys.

  • June 15, 2026

    PE Giants Face Dem Scrutiny Over Data Center Investments

    U.S. Sen. Elizabeth Warren is seeking information from several major private equity firms about their involvement in artificial intelligence data center development and operations, saying the increasing number of data centers across the country is putting pressure on American families and driving up utility costs.

  • June 15, 2026

    3 Firms Steer Andrew Peller's CA$579M Go Private Deal

    Canadian wine company Andrew Peller Ltd. on Monday announced plans to go private after being acquired by Fairfax Financial Holdings Ltd. in a deal built by three law firms and boasts an enterprise value of CA$579 million ($414.9 million).

  • June 15, 2026

    Aerospace Engine Maker Targets $700M IPO

    Aerospace engine maker Doncasters Group on Monday outlined plans to raise around $700 million in its initial public offering led by White & Case LLP and Davis Polk & Wardwell LLP.

  • June 15, 2026

    Abry Clinches $780M Continuation Fund For Health Tech Biz

    Kirkland & Ellis LLP-advised private equity shop Abry Partners on Monday announced that it wrapped fundraising on a $780 million continuation vehicle, which will be used to further its partnership with healthcare technology company Centauri Health Solutions.

  • June 12, 2026

    Jane Street Used Tips To Dodge Losses, Terraform Says

    The administrator for bankrupt cryptocurrency company Terraform Labs has urged a New York federal court not to dismiss his suit against trading firm Jane Street over claims the firm used confidential information to profit from Terraform's collapse, arguing that it is liable as an insider and a tippee.

  • June 12, 2026

    9th Circ. Says Kroger Shoppers 'Obtained No Relief' For Fees

    A Ninth Circuit panel refused to revive a consumer lawsuit challenging Kroger's since-blocked purchase of Albertsons, agreeing with a district court that the deal's abandonment renders the suit moot and the consumers have no claim to attorney fees as victors in wins scored by government enforcers.

  • June 12, 2026

    4 Firms Guide PE Investment In Univ. Of Utah Athletic Dept.

    The University of Utah made its partnership with Otro Capital official Friday — marking the first time an individual institution of higher education has reached an investment agreement with a private equity firm for athletic department operations — in a deal counseled by Covington & Burling LLP and Ray Quinney & Nebeker PC for the university and Kirkland & Ellis LLP and Gibson Dunn & Crutcher LLP for Otro Capital.

Expert Analysis

  • Series

    The Biz Court Digest: Texas, One Year In

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    A year after the Texas Business Court's first decision, it's clear that Texas didn't just copy Delaware and instead built something uniquely its own, combining specialization with constitutional accountability and creating a model that looks forward without losing touch with the state's democratic and statutory roots, says Chris Bankler at Jackson Walker.

  • Series

    Law School's Missed Lessons: Educating Your Community

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    Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the risks they face and the rights they possess is essential to building trust within our communities, empowering otherwise vulnerable citizens and preventing wrongdoers from gaining a foothold, says Roger Handberg at GrayRobinson.

  • 5 Crisis Lawyering Skills For An Age Of Uncertainty

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    As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.

  • Opinion

    It's Time For The Judiciary To Fix Its Cybersecurity Problem

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    After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.

  • Recent Trends In Lending To Nonbank Financial Institutions

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    Loans to nondepository financial institutions represent the fastest-growing bank lending asset this year, while exhibiting the cleanest credit profile and the lowest delinquency rate, but two recent bankruptcies also emphasize important cautionary considerations, says Chris van Heerden at Cadwalader.

  • Series

    Writing Novels Makes Me A Better Lawyer

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    Writing my debut novel taught me to appreciate the value of critique and to never give up, no matter how long or tedious the journey, providing me with valuable skills that I now emphasize in my practice, says Daniel Buzzetta at BakerHostetler.

  • SDNY OpenAI Order Clarifies Preservation Standards For AI

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    The Southern District of New York’s recent order in the OpenAI copyright infringement litigation, denying discovery of The New York Times' artificial intelligence technology use, clarifies that traditional preservation benchmarks apply to AI content, relieving organizations from using a “keep everything” approach, says Philip Favro at Favro Law.

  • Dropped Case Shows SEC Focus On Independent Directors

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    The U.S. Securities and Exchange Commission's recent liquidity rule case against Pinnacle Advisors, despite its dismissal by the commission, serves as a reminder that the SEC expects directors to embrace their role as active, probing fiduciaries, says Dianne Descoteaux at MFDF.

  • Navigating The SEC's Evolving Foreign Private Issuer Regime

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    As the U.S. Securities and Exchange Commission reevaluates foreign private issuer eligibility, FPIs face not only incremental compliance costs but also a potential reshaping of listing strategies, capital access, enforcement exposure and global regulatory coordination, potential unintended effects that deserve further exploration, say attorneys at Simpson Thacher.

  • Opinion

    High Court, Not A Single Justice, Should Decide On Recusal

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    As public trust in the U.S. Supreme Court continues to decline, the court should adopt a collegial framework in which all justices decide questions of recusal together — a reform that respects both judicial independence and due process for litigants, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.

  • Series

    Traveling Solo Makes Me A Better Lawyer

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    Traveling by myself has taught me to assess risk, understand tone and stay calm in high-pressure situations, which are not only useful life skills, but the foundation of how I support my clients, says Lacey Gutierrez at Group Five Legal.

  • Series

    Law School's Missed Lessons: Client Service

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    Law school teaches you how to interpret the law, but it doesn't teach you some of the key ways to keeping clients satisfied, lessons that I've learned in the most unexpected of places: a book on how to be a butler, says Gregory Ramos at Armstrong Teasdale.

  • US-German M&A Hits Its Stride Despite Economic Headwinds

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    Against expectations, dealmakers in both the U.S. and Germany are actively seeking investment opportunities in each other's markets, with 2025 shaping up to be the strongest year in recent memory, say attorneys at White & Case.

  • Opinion

    Ending Quarterly Reporting Would Erode Investor Protection

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    President Donald Trump recently called for an end to the long-standing practice of corporate quarterly reporting, but doing so would reduce transparency, create information asymmetries, provide more opportunities for corporate fraud and risk increased stock price volatility, while not meaningfully increasing long-term investments, say attorneys at Bleichmar Fonti.

  • Series

    Adapting To Private Practice: 3 Tips On Finding The Right Job

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    After 23 years as a state and federal prosecutor, when I contemplated moving to a law firm, practicing solo or going in-house, I found there's a critical first step — deep self-reflection on what you truly want to do and where your strengths lie, says Rachael Jones at McKool Smith.

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