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Foley & Lardner LLP represented nVent Electric plc (nVent), a global leader in electrical connection and protection solutions, in its definitive agreement to acquire Maverick Power for $1.75 billion, subject to customary adjustments. The transaction also includes the potential for up to $550 million in additional consideration based on the achievement of certain performance metrics in 2027 and 2028.

Foley & Lardner LLP represented TMGOC Ventures in its origination of a preferred equity investment alongside Access Point Financial, as senior lender, for a total bridge loan and preferred equity investment of $120 million to recapitalize the Kailas Companies’ recently completed conversion of a historic office building into a dual-branded hotel in downtown New Orleans.

Foley & Lardner LLP announced today that life sciences transactional partner Jane Adams has joined the firm’s Technology Transactions, Cybersecurity & Privacy Practice in San Diego. Her arrival marks the firm's sixth partner addition in California this year and the fourth within its Intellectual Property Department, reflecting Foley's continued growth and investment across the region.