Latham & Watkins Advises Permira on Sale of Majority Stake in Boats Group

Latham & Watkins LLP represented Permira in connection with a strategic growth investment in Boats Group by General Atlantic and the Canada Pension Plan Investment Board. Boats Group, a global provider of online marketplaces for boats and yachts, announced a strategic growth investment from General Atlantic and the Canada Pension Plan Investment Board. As part of the transaction, funds advised by existing investor Permira have partially realized their investment in Boats Group and will retain a significant minority shareholding, continuing their partnership with the company. The transaction is expected to close in H1 2026, subject to customary closing conditions. Latham & Watkins LLP represented Permira with a team composed by: Washington, D.C. partners Brian Mangino and Elizabeth More (corporate deal leaders); New York partner Amber Banks and New York counsel Jessica Pisani (corporate); associates Katelyn Hughes, Gabe Marx, Sean Kim and Kiley Burns (corporate associates). Advice was provided on UK corporate matters by London partner Neil Campbell with associates Alexander Nagorny and Natalie Lam; on French corporate matters by Paris partners Alexander Crosthwaite and Matthias Rubner; on foreign direct investment matters by Hamburg partner Jana Dammann de Chapto and Brussels counsel Philipp Studt; on litigation matters by New York partner Lawrence Buterman and Washington, D.C. partner Anna Rathbun; on intellectual property matters by Washington, D.C. partner Morgan Brubaker with associates Caroline Toman Lammon and Daniel Donovan; on data privacy and cybersecurity matters by Houston/Austin partner Robert Brown with associate Stuart Cobb; on anti-corruption matters by Washington, D.C. partner Kevin Chambers; on compensation and benefits matters by Washington, D.C. partner David Della Rocca and Bay Area partner James Robinson with associates Bryce Groce and Christina Schrantz; on real estate matters by New York partner Dara Denberg with associate Thomas Ficchi; on regulatory matters by Washington, D.C./Los Angeles partner Paul Rosen and Washington, D.C. counsel Ruchi Gill with associate Thomas Lane; and on environmental matters by New York counsel David Langer.

Latham & Watkins Advises Permira on Sale of Majority Stake in Boats Group

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