Weil Advised Gores Holdings IV, Inc. in its $16.1B Business Combination with United Wholesale Mortgage

Weil advised Gores Holdings IV, Inc., a SPAC sponsored by an affiliate of The Gores Group, LLC, in its business combination with United Wholesale Mortgage, at the time the largest wholesale mortgage originator in the United States, in a transaction that values United Wholesale Mortgage at approximately $16.1 billion, making it the largest business combination for a SPAC to date. The transaction closed on January 21, 2021.

The Weil team that advised Gores was led by Private Equity/Mergers & Acquisitions partner Kyle Krpata and included Private Equity associates Kevin Thomas and Monica Kwok. The team also included Mergers & Acquisitions partner James Griffin; Mergers & Acquisitions associate Claudia Lai; Tax partner Helyn Goldstein; Tax associate Adam Arikat; Executive Compensation & Benefits partner Amy Rubin; Executive Compensation & Benefits associate Manleen Singh (Admitted in Illinois Only); Banking & Finance partner Gabriel Gregson; Banking & Finance associate Alicia Shen; Capital Markets partner Heather Emmel; Capital Markets partner Barbra Broudy; Technology & IP Transactions partner Karen Ballack; Technology & IP Transactions/Privacy counsel Olivia Greer; Technology & IP Transactions/Privacy associate Kane Wishart; Antitrust partner Vadim Brusser; Antitrust associate Dan Nobil; Regulatory counsel Timothy Welch; Employment Litigation partner Gary Friedman; and Employment Litigation associate Thomas McCarthy.