Paul Hastings, a prominent law firm, has been actively expanding its team over the past few years. This strategy appears to be paying off, as a cadre of recently recruited partners has taken a lead role in advising on a significant transaction valued at $6.7 billion. The transaction involves the acquisition of Pactiv Evergreen, a notable player in the food packaging industry, by Novolex, which is supported by Apollo Global Management Inc.
The M&A partners leading Paul Hastings’ efforts on this deal are Eduardo Gallardo, Jon Kubek, and Tim Fesenmyer. Notably, these partners have all joined Paul Hastings since 2022, a period marked by the firm’s active recruitment strategy in the legal sector. Further details of the transaction can be found in the announcement of the deal.
This transaction required collaboration with teams from Paul Weiss, the law firm providing legal counsel to Novolex. Novolex had been acquired by Apollo in 2022, adding another layer of complexity to the legal representation and negotiations in this deal. The full article detailing this transaction is available on Bloomberg Law.