Insights

Sunstone Partners Makes Growth Investment in Accuhealth

Choate represented Sunstone Partners, a growth-oriented private equity firm focused on tech-enabled services and software companies, in its investment in Accuhealth, a leading healthcare technology company.

PPA Tour Completes Merger with Major League Pickleball

Choate represented PPA Tour and its owner, Dundon Capital Partners, in PPA Tour’s merger with Major League Pickleball.

2024 Hart-Scott-Rodino Requirements

Hart-Scott-Rodino (HSR) filing thresholds will be adjusted upward effective March 6, 2024, and for parties involved in a merger or acquisition these adjustments may affect whether a company is required to make a premerger notification filing in any given transaction.

FTC Files Antitrust Charges Against a Private Equity Sponsor

The current FTC leadership has been making strong statements against private equity roll-ups across industry sectors, and on September 21, 2023, acted on this rhetoric by suing a large health care provider in Texas, along with its founding private equity sponsor.

FTC Proposal for New HSR Rules Will Dramatically Increase Time and Cost of Premerger Filings

The Federal Trade Commission (FTC), with the concurrence of the Department of Justice (DOJ), recently published proposed rules aimed at radically expanding the information that goes into a Hart-Scott-Rodino (HSR) filing. By the FTC’s estimate, the time required to complete an HSR filing will increase, on average, by 107 hours.

Apex HCM, Serent Capital Portfolio Company, Acquired by IRIS Software Group

Choate represented Apex HCM, a portfolio company of Serent Capital, in its acquisition by IRIS Software Group, a leading global software provider of accountancy and payroll solutions.

2023 Hart-Scott-Rodino Requirements

Hart-Scott-Rodino (HSR) filing thresholds will be adjusted upward effective February 27, 2023. Effective on the same day, the HSR filing fees will be decreased for relatively small transactions and increased for relatively large transactions.

Serent Capital Invests in LinkIt!

Choate represented Serent Capital in its investment in LinkIt!, a K-12 software company dedicated to improving student performance through the efficient use of data.

Sunstone Partners Makes Growth Equity Investment in 66degrees and Pandera Systems Merger

Choate represented Sunstone Partners in its growth equity investment in the merger of its portfolio company 66degrees, a Google Cloud Premier Partner, and Pandera Systems.