May 18, 2022
Weil advised Blackstone in its $300 million acquisition of a minority stake in Recurrent Ventures Inc., a digital media company whose content from trusted brands aims to foster generations of passionate audiences across niche verticals. The transaction closed on May 18, 2022.
The Weil team that advised Blackstone was co-led by Private Equity partners Christopher Machera and Jenna McBain and included Private Equity associates Dylan Hans, Ali Habhab and Celina Kassam (Not Yet Admitted in New York). The team also included Tax partner Hillel Jacobson; Executive Compensation & Benefits partner Amy Rubin; Technology & IP Transactions Co-Head Jeffrey Osterman; Technology & IP Transactions/Privacy counsel Olivia Greer; Technology & IP Transactions/Privacy associates Hannah Rumble, David Merck and Aishwarya Limaye; Banking & Finance partner Jacqueline Oveissi; Banking & Finance associates Amrita Mukherjee and Christopher Chan; Antitrust counsel Michael Naughton; and Employment Litigation associate Elizabeth Casey.