capital · May 19, 2026
Gilbert + Tobin Advises Megaport on Acquisition of Latitude.sh and $220 Million Equity Raising
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Gilbert + Tobin advised Megaport on the November 2025 acquisition of Latitude.sh valued at up to USD300 million. The deal included USD150 million upfront consideration plus up to USD150 million contingent consideration. Megaport raised $220 million through a $200 million institutional placement and share purchase plan to fund the acquisition. The transaction accelerates Megaport's automation of network infrastructure for cloud and AI ecosystems.
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