Latham & Watkins advised Equistone and Acuity Knowledge Partners on the sale of Acuity
The deal is expected to close in the second quarter of 2023
Latham & Watkins advised Equistone and Acuity Knowledge Partners on the sale of Acuity
The deal is expected to close in the second quarter of 2023
American multinational law firm Latham & Watkins has advised Equistone Partners Europe, one of the leading mid-market private equity investors, and Acuity Knowledge Partners on the sale of Acuity to funds advised by Permira, a global private equity firm.
Permira will acquire a majority stake in the business, with Equistone reinvesting as a minority shareholder.
Acuity is a leading provider of high-value research, analytics and business intelligence to the financial services sector.
In 2019, Latham & Watkins represented Equistone on their acquisition of a management buyout from Moody's Corporation.
The Latham & Watkins team advising on the transaction was led by London private equity partners David Walker and Katie Peek, with associates Stuart McRobbie and Hugo Cliff.