Advent International, a leading global investment firm, alongside minority investor British Columbia Investment Management Corporation (BCI), completed on May 3, 2023, the take-private acquisition of Maxar Technologies, a provider of comprehensive space solutions and secure, precise, geospatial intelligence, in an all-cash transaction that values Maxar at an enterprise value of approximately US$6.4 billion.
Latham & Watkins LLP represented certain of the preferred equity investors to support the transaction with a New York team led by capital markets partners Stelios Saffos, Peter Sluka, Senet Bischoff, and Andrew Blumenthal, with associate Adam Weber. Advice was also provided on tax matters by partner Jiyeon Lee-Lim, with associate Ted Gkoo.