Winston & Strawn Represents Convene

Winston & Strawn represented Convene, the leading hybrid meeting, event, and workspace provider, in its recapitalization plan, led by HBC, a holding company at the intersection of real estate, technology and retail, and a fund managed by the Private Equity Group of Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager.

Convene will operate HBC’s existing portfolio of flexible work, event, restaurant, and meeting spaces, which are expected to be rebranded as Convene and will remain branded as SaksWorks in the interim. HBC will be the majority owner of the combined entity, with 26 facilities under management and dozens more under development, which is expected to be the largest premium flex space operator across the US, Canada, and Europe.

PressRelease: https://www.businesswire.com/news/home/20220412005446/en/Convene-Announces-Strategic-Investment-Led-by-HBC-and-Ares-Management

Winston Team

Brad Vaiana, Co-Lead Partner, New York

Kyle Gann, Co-Lead Partner, Chicago 

Lynn Tanner, Partner, New York

Ryan Walden, Partner, New York 

Amy Inagaki, Associate, Los Angeles

Jason Jun, Associate, Los Angeles