Cross-border team represents the investment bank in the purchase of Middle East-focused advisory firm.
PJT Partners Inc. (NYSE: PJT) has announced that it has entered into an agreement to acquire deNovo Partners, a leading advisory firm focused on the Middle East and headquartered in Dubai. This acquisition builds upon the highly successful strategic alliance PJT Partners and deNovo entered into in 2020. The transaction is subject to regulatory approvals and other customary conditions and is expected to close in October 2024.
Latham & Watkins LLP represents PJT Partners in the transaction with a corporate deal team led by New York partner Robert Katz and Dubai partner Chris Lester, with associates Tarek Soliman, Farah El-Masri, and Michael Hammond. Advice was also provided on regulatory matters by associate Mathew Rodwell; on tax matters by London partner Aoife McCabe and Chicago partner Rene de Vera, with associate Isabella Wong; and on intellectual property/data privacy matters by Ksenia Koroleva.
