Weil is advising Advent International in its definitive agreement to acquire majority shareholding in LayerZero Power Systems, a leading U.S. manufacturer of static transfer switches, power distribution units, and other power management products for data centers and other mission-critical applications.

Upon closing, LayerZero’s founders, Milind Bhanoo and James Galm, will remain minority equity holders in the company, and Annette Clayton, an Operating Partner at Advent and former CEO of Schneider Electric North America, will serve as Chair of LayerZero.

The Weil team is led by U.S. Private Equity Co-Head Ramona Nee and includes Private Equity partners Gareth Clark and Michael Messina and associates Molly MacDougall, Alesha Ignatius Brereton, Erin Richard and David Burdette; Banking & Finance partner Paul Overmyer and associates Virginia Dwyer and Sammy Silberberg; Executive Compensation & Benefits partner Jennifer Britz and associates Nate Gross and Rustin Armknecht; U.S. Antitrust Co-Head Brianne Kucerik, counsel Carla Hine and associates Michael Geisler and Drew Cypher; U.S. Privacy & Cybersecurity Head Olivia Greer and associates David Merck and Colleen Seidel; Technology & IP Transactions partner Dennis Adams, counsel Meggin Bednarczyk and associate Adeline Park; Employment partner Peter Mee and associates Michael Verdichizzi and Clare Godfryd; Regulatory Transactions partner Seth Kerschner and associate Caleb Holland; Tax partner Noah Beck and associates Kyle Jackson and Sarah Yue; and Real Estate attorney Leslie Smith and associate Subrina Chowdhury.