February 01, 2021
Weil advised GI Partners, an investor in data infrastructure businesses in the United States, in its acquisition of Vast Broadband, a provider of high-speed broadband, video and phone services to more than 60,000 residential and business customers in South Dakota and Minnesota. Financial terms of the transaction have not been disclosed. The transaction is subject to regulatory and stockholder approvals, and other customary closing conditions.
The Weil team that advised GI Partners was led by Private Equity Co-Head Doug Warner and included Private Equity counsel Philip Wolf and Private Equity associates Kimberly Snyder and Rachel Lowitz (Not Yet Admitted in New York). The team also included Banking & Finance partner Allison Liff; Banking & Finance associates Justina Chen and Jacob Cardinal (Not Yet Admitted in New York); Tax partner Jonathan J. Macke; Tax associate Carlos Parra; Private Equity Executive Compensation & Benefits Head Michael Nissan; Executive Compensation & Benefits partner Sarah Downie; Executive Compensation & Benefits associate Lauren Sawyer (Not Yet Admitted in New York); Technology & IP Transactions partner Jeffrey Osterman; Technology & IP Transactions associates Alexa Chu Clinton, Robert Brown and Caleb Small; Environmental Head Annemargaret Connolly; Environmental associate J. Caleb Anderson; Antitrust counsel Vadim Brusser; Employment Litigation partner Nicholas Pappas and Employment Litigation associate Quinn Christie.