Key Takeaways
- • Skadden, Arps, Slate, Meagher & Flom has recruited three partners from Weil, Gotshal & Manges: Navneeta "Nav" Rekhi, Steve Argeris, and Max Scott, expanding its private equity, sports, and intellectual property and technology transactions practices.
- • Rekhi joins the Bay Area office as a private equity partner, advising on leveraged buyouts, carve-outs, minority investments, recapitalizations, and distressed acquisitions with a focus on middle-market sponsors and emerging fund managers.
- • Argeris joins the Washington, D.C. office as a partner across private equity and sports, bringing experience from NFL, MLS, and NWSL M&A and sponsorship transactions and prior in-house service as vice president and general counsel of Tepper Sports & Entertainment.
- • Scott joins the Bay Area IP and technology transactions practice, advising on technology licensing, joint development, services agreements, and IP components of M&A and venture capital deals.
- • Skadden positions the hires as reinforcing its private capital platform as institutional and private capital investment in sports, media, and technology assets grows.
Summary
Skadden has added three partners from Weil, Gotshal & Manges, according to the firm's announcement, strengthening its private equity, sports, and intellectual property and technology transactions practices. The appointments were presented by the firm as complementary to its global platform and aimed at supporting growth in strategically important sectors.
Navneeta "Nav" Rekhi will join Skadden's Bay Area offices as a private equity partner. She advises private equity funds and privately held companies on leveraged buyouts, carve-outs, divestitures, minority investments, recapitalizations, and distressed acquisitions. Her practice centers on middle-market sponsors and emerging fund managers, relationships Skadden expects to support the expansion of its private capital platform. Skadden said emerging managers often require support across fund formation, fundraising, acquisitions, financing, portfolio-company matters, and exits.
Steve Argeris will join the Washington, D.C. office as a partner working across private equity and sports. His clients include investors, professional teams, universities, sponsors, and brands. He has advised on major M&A and sponsorship transactions involving the National Football League, Major League Soccer, and the National Women's Soccer League, and handles matters such as internal investigations and senior personnel hiring and departures. Argeris serves as vice chairman of USA Rugby's board and previously was vice president and general counsel of Tepper Sports & Entertainment, owner of the Carolina Panthers and Charlotte FC. Skadden noted that institutional and private capital investors are increasing activity in professional sports, media rights, venues, women's sports, and technology.
Max Scott will join the Bay Area intellectual property and technology transactions practice. He advises on commercial arrangements involving technology and IP, including the IP components of M&A and venture capital deals, as well as strategic licenses, joint development arrangements, technology services agreements, reseller relationships, outsourcing, and distribution contracts. His work supports sponsors and portfolio companies in diligence and negotiations on transactions where software, patents, data, and content represent a substantial portion of enterprise value.
Jeremy London, Executive Partner of Skadden, said the three "bring market-leading experience that complements our existing capabilities." Allison Schneirov, Global Head of Skadden's Transactions Practices, described Rekhi as having built an exceptional practice advising middle-market and emerging fund managers, and Argeris as one of the country's top sports, media and entertainment lawyers. Resa Schlossberg, Head of Skadden's Intellectual Property and Technology Transactions Practice, called Scott an outstanding addition to the team.
Navneeta "Nav" Rekhi will join Skadden's Bay Area offices as a private equity partner. She advises private equity funds and privately held companies on leveraged buyouts, carve-outs, divestitures, minority investments, recapitalizations, and distressed acquisitions. Her practice centers on middle-market sponsors and emerging fund managers, relationships Skadden expects to support the expansion of its private capital platform. Skadden said emerging managers often require support across fund formation, fundraising, acquisitions, financing, portfolio-company matters, and exits.
Steve Argeris will join the Washington, D.C. office as a partner working across private equity and sports. His clients include investors, professional teams, universities, sponsors, and brands. He has advised on major M&A and sponsorship transactions involving the National Football League, Major League Soccer, and the National Women's Soccer League, and handles matters such as internal investigations and senior personnel hiring and departures. Argeris serves as vice chairman of USA Rugby's board and previously was vice president and general counsel of Tepper Sports & Entertainment, owner of the Carolina Panthers and Charlotte FC. Skadden noted that institutional and private capital investors are increasing activity in professional sports, media rights, venues, women's sports, and technology.
Max Scott will join the Bay Area intellectual property and technology transactions practice. He advises on commercial arrangements involving technology and IP, including the IP components of M&A and venture capital deals, as well as strategic licenses, joint development arrangements, technology services agreements, reseller relationships, outsourcing, and distribution contracts. His work supports sponsors and portfolio companies in diligence and negotiations on transactions where software, patents, data, and content represent a substantial portion of enterprise value.
Jeremy London, Executive Partner of Skadden, said the three "bring market-leading experience that complements our existing capabilities." Allison Schneirov, Global Head of Skadden's Transactions Practices, described Rekhi as having built an exceptional practice advising middle-market and emerging fund managers, and Argeris as one of the country's top sports, media and entertainment lawyers. Resa Schlossberg, Head of Skadden's Intellectual Property and Technology Transactions Practice, called Scott an outstanding addition to the team.
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