Insights

FTC Imposes Ban on Virtually All Employment-Related Noncompete Agreements

The Federal Trade Commission (FTC) has voted 3-2 to ban virtually all non-compete agreements that employers have with their workers in the United States (including employees and independent contractors).

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.

BV Investment Partners Announces Investment in Balance Partners

Choate represented BV Investment Partners in its investment in Balance Partners, a specialty insurance managing general agency.

Finance and Restructuring Team Receives Two M&A Advisor Turnaround Awards

Choate's Finance & Restructuring team has been recognized in The M&A Advisor’s 18th Annual Turnaround Awards for the "Consumer Discretionary Deal of the Year (Under $100MM)" and the "Restructuring of the Year ($500MM to $1B)."

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.

Guidepost Growth Equity Leads Sale of ActiveViam

Choate represented Quartet Financial Services (a.k.a. ActiveViam) and its private equity sponsor Guidepost Growth Equity, in the sale of ActiveViam, a data analytics company that offers a range of analytics and services for financial institutions.

Lydonia Technologies Secures Investment from Caltius Equity Partners

Choate represented Lydonia Technologies, a leading provider of AI-powered hyperautomation software and solutions, in its investment from Caltius Equity Partners.

By Valentine’s Day, Employers Must Provide Notice to California Employees Subject to Noncompete Provisions

California has passed two pieces of legislation that aim to crack down on employers’ efforts to enforce noncompete provisions against California-based employees.

Revela Foods, a New Heritage Capital Portfolio Company, Acquired by Archer Daniels Midland

Choate represented New Heritage Capital and its portfolio company, Revela Foods, in the sale of Revela to Archer Daniels Midland, a fortune 50 company.