May 15, 2023
Weil is advising TPG Inc., a leading global alternative asset management firm, in its definitive agreement to acquire Angelo, Gordon & Co., L.P., a $73 billion alternative investment firm focused on credit and real estate investing, in a cash and equity transaction valued at approximately $2.7 billion.
The transaction is expected to close in the fourth quarter of 2023.
The Weil team advising TPG is led by Private Equity partners Brian Parness and Harvey Eisenberg. The team also includes M&A counsel Claudia Lai, Private Equity counsel Alex Miachika and associates Larissa Lucas, Cruz Wiles, Ryan Divers and Brayden Ringel (Not Yet Admitted in New York) as well as M&A associates Parker Collins and Jeremiah Lee; Public Company Advisory Group Co-Head Lyuba Goltser, partner Kaitlin Descovich and associate Shira Barron; Banking & Finance partner Benton Lewis and associate Olivia Franzblau; Capital Markets partners Michael Hickey and Michael Stein and associates Emma McBride and Emily Marshall; and Antitrust partner Vadim Brusser and counsel Alexis Brown-Reilly. The U.K. team includes Private Equity associate Margaret Babalola; and Tax, Benefits, and Executive Compensation counsel Kevin Donegan and Mila Kostadinova; and Employment Litigation counsel Ivor Gwilliams and Thomas Weatherill and associate Edward Dickinson. The Germany team includes Private Equity counsel Florian Wessel and the Hong Kong team includes Private Equity/M&A partners Tim Gardner and Henry Ong and associates Jacky Sin and Sam Flood.