Apex Technology Acquisition Corporation’s $2 Billion Business Combination with AvePoint

Latham & Watkins LLP represented Apex in the transaction.

AvePoint, Inc., the largest data management solutions provider for the Microsoft cloud, has entered into a definitive business combination agreement with Apex Technology Acquisition Corporation (NASDAQ: APXT) (“Apex”), a publicly traded special purpose acquisition company, at an implied equity valuation of US$2 billion. The transaction includes a fully committed PIPE of US$140 million.

Latham & Watkins LLP represented Apex in the transaction with a corporate deal team led by Bay Area and New York partner Josh Dubofsky (Picture), with associates Saad Khanani, Shannon Cheng, Rachelle Polsky, and Natalie Robertson on M&A matters, and partner Alan Mendelson, with associates Michael Podolny and Andrew Bertolli on general corporate matters. Advice was also provided on capital markets matters by Bay Area partner Brian Paulson, with associates Denis Griffin and Ty Balzer; on tax matters by Bay Area partner Kirt Switzer, with associate Jessica Chen; on benefits and compensation matters by Bay Area partner James Metz, with associate Erik Ward; on intellectual property matters by Bay Area partner Anthony Klein, with associates Arielle Singh and Caroline Omotayo; on data privacy and security matters by Bay Area counsel Robert Blamires, with associate Sam Maerz-Boeing; and on antitrust matters by Bay Area partner Joshua Holian and counsels Peter Todaro and Joseph Simei in Washington, D.C. and Rita Motta in Brussels.

Involved fees earner: Ty Balzer – Latham & Watkins; Andrew Bertolli – Latham & Watkins; Robert Blamires – Latham & Watkins; Jessica Chen – Latham & Watkins; Shannon Cheng – Latham & Watkins; Joshua Dubofsky – Latham & Watkins; Denis Griffin – Latham & Watkins; Joshua Holian – Latham & Watkins; Saad Khanani – Latham & Watkins; Anthony Klein – Latham & Watkins; Samantha Anne Maerz-Boening – Latham & Watkins; Alan Mendelson – Latham & Watkins; James Metz – Latham & Watkins; Rita Motta – Latham & Watkins; Caroline Omotayo – Latham & Watkins; Brian Paulson – Latham & Watkins; Michael Podolny – Latham & Watkins; Rachelle Polsky – Latham & Watkins; Natalie Claire Robertson – Latham & Watkins; Joseph Simei – Latham & Watkins; Arielle Singh – Latham & Watkins; Kirt Switzer – Latham & Watkins; Peter Todaro – Latham & Watkins; Erik Ward – Latham & Watkins;

Law Firms: Latham & Watkins;

Clients: Apex Technology Acquisition Corporation;

Author: Ambrogio Visconti