Weil, Gotshal & Manges has a new SPAC deal under its belt, advising special purpose acquisition company TPG Pace Solutions on its $4.5 billion purchase of vacation rental firm Vacasa, which is represented by Latham & Watkins. Mayer Brown is representing TPG Pace Solutions’ capital markets advisers.
Latham & Watkins currently has handled the most blank check company deals this year for a total of 52, with a combined value of $133.3 billion, according to data from Refinitiv. Weil trails behind in seventh place with 15 transactions valued $81.8 billion.
The deal with TPG Pace Solutions Corp will result in cash proceeds of nearly $485 million for Vacasa.
Source: Reuters
By Arriana McLymore
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