Weil Advises Blackstone in its $130M Acquisition of a Minority Stake in PayCargo, LLC
Weil is advising Blackstone in its $130 million acquisition of a minority stake in PayCargo, LLC (a portfolio company of Insight Partners), a logistics payments and data infrastructure platform. The transaction is subject to customary closing conditions.
The Weil team advising Blackstone is led by Private Equity partner Christopher Machera and includes Private Equity associates Larissa Lucas, Sam de Blecourt and Andrew Distell. The team also includes Tax partner Hillel Jacobson; Executive Compensation & Benefits partner Amanda Rotkel; Executive Compensation & Benefits associate Nate Gross (Not Yet Admitted in New York); Technology & IP Transactions partner Dennis Adams; Technology & IP Transactions/Privacy counsel Olivia Greer; Technology & IP Transactions/Privacy associates Phillip Grudzina, Rami Sherman, David Merck and Tamsin Kantor; Regulatory Transactions counsel Timothy Welch; Antitrust partner Adam Hemlock; Antitrust counsel Michael Naughton; Antitrust associates Liz Klinger and Naz Akyol; Intellectual Property & Media Head Benjamin Marks; Intellectual Property & Media associate Michael Goodyear; Employment Litigation counsel Rebecca Sivitz; and Employment Litigation associate Paulina Cohen.
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