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Latham & Watkins Advises Advantage Solutions in Sale of Jun Group for US$185 Million

June 20, 2024
Firm represents the business solutions provider to consumer goods manufacturers and retailers.

Advantage Solutions Inc. (NASDAQ: ADV), a leading business solutions provider to consumer goods manufacturers and retailers, has announced it has entered into an agreement to sell its digital advertising platform Jun Group to Verve Group SE, a Swedish digital advertising company formerly known as Media and Games Invest SE.

Latham & Watkins represents Advantage Solutions in the transaction, with a corporate deal team led by Orange County partners Michael Treska and Darren Guttenberg, with associates Jack McKay, Amy Lutfi, and Viva Jerónimo. Advice was also provided on tax matters by Century City partner Ana O'Brien, with associate Eric Song; on benefits matters by San Diego partner Holly Bauer, with associate Julie Voorhes; on finance matters by New York partner Scott Ollivierre; on IP matters by Orange County counsel David Kuiper; and on regulatory matters by Washington, D.C. partner Alan Devlin and counsel Catherine Hein, with associates Doug Tifft and Sara Castiglia.