January 21, 2021
Weil advised Gores Holdings IV, Inc., a SPAC sponsored by an affiliate of The Gores Group, LLC, in its business combination with United Wholesale Mortgage, at the time the largest wholesale mortgage originator in the United States, in a transaction that values United Wholesale Mortgage at approximately $16.1 billion, making it the largest business combination for a SPAC to date. The transaction closed on January 21, 2021.
The Weil team that advised Gores was led by Private Equity/Mergers & Acquisitions partner Kyle Krpata and included Private Equity associates Kevin Thomas, Joe Ferrari, Monica Kwok and Tanya Smith. The team also included Mergers & Acquisitions partner James Griffin; Mergers & Acquisitions associates Claudia Lai, Wei Xu and Mark McMonigle; Tax partner Helyn Goldstein; Tax associates Adam Arikat and Mary Sommers; Executive Compensation & Benefits partner Amy Rubin; Executive Compensation & Benefits counsel Craig Olshan; Executive Compensation & Benefits associate Manleen Singh (Admitted in Illinois Only); Banking & Finance partner Gabriel Gregson; Banking & Finance associates Conor O'Muiri and Alicia Shen; Capital Markets partner Heather Emmel; Capital Markets partner Barbra Broudy; Capital Markets associate Natasha Patel; Technology & IP Transactions partner Karen Ballack; Technology & IP Transactions/Privacy counsel Olivia Greer; Technology & IP Transactions/Privacy associates Kane Wishart, Eliza Cotter and Seowoo Kim; Antitrust partner Vadim Brusser; Antitrust associate Dan Nobil; Regulatory counsel Timothy Welch; Employment Litigation Head Gary Friedman; and Employment Litigation associate Thomas McCarthy.