Kim & Chang and Shin & Kim are assisting Swedish investment firm EQT in its acquisition of a South Korean waste disposal company.
Experts estimate that the deal could be worth as much as $700 million.
EQT is a global investment organization that manages private equity and real assets with a focus on sustainable growth for companies in Europe,
the United States and Asia-Pacific.
Korean waste treatment company KJ Environment is attractive to EQT because it operates in the plastics recycling and waste-to-energy business.
The deal is expected to close by the end of the year and Kim & Chang is advising EQT, according to a press release from the Swedish firm.
Lathrop GPM Takes First Steps to Expand to California’s West Coast
The law firm Lathrop GPM has taken the first step toward expanding to the West Coast with the acquisition of Hopkins Carley in California.
Hopkins Carley was a 62-lawyer firm that will join Lathrop GPM and take over two of their offices.
California’s legal market is one of the largest and most attractive in the U.S.,
and this acquisition will provide us with a wealth of experienced talent to better serve our clients.
Why U.S. law firm mergers are on the rise
U.S. law firm mergers have increased this year, with 29 mergers compared to 28 last year.
The merger of U.S. law firms is on the rise because it offers a number of advantages,
including the ability to leverage economies of scale to operate at lower costs and expand into larger geographic areas.