Sidley Represents Apex Treasury Corp. in Its US$4 Billion Business Combination With TECfusions

Sidley is representing Apex Treasury Corp. (NASDAQ: APXT) in its proposed business combination with TECfusions, Inc., a developer and operator of AI-ready data center and power infrastructure. The transaction is based on a US$4 billion pre-money valuation of TECfusions and is supported by a US$35 million PIPE investment. Upon completion, TECfusions is expected to gain additional access to the public capital markets to support development across its existing sites, expansion into additional strategic markets, and continued growth of its AI-ready data center platform.

The Sidley team is being led by Michael Heinz, David Stewart, and Jason Hyatt (Capital Markets) and Nick DeAngelis and Courtney Luster (M&A and Private Equity), and includes Jessica Li and Grace Dau (M&A and Private Equity); Rachelle Soderstrom, David Ryan, and Andy Dykstra (Technology and Life Sciences Transactions); Omar Shafi and Samayra Siddiqui (Capital Markets); Elizabeth McCloy, Brandon Bryer, and Basil Eastman-Kiesow (Real Estate); Ash Nagdev and Ben Cross (Privacy and Cybersecurity); Eric Winwood and Matthew Green (Employee Benefits and Executive Compensation); Heather Palmer and Sarah Jehl (Environmental, Health, and Safety); Christopher Gleason and Kyle Gromann (Global Finance); Alvin Wang (Tax); Jessica Adkins (Energy and Infrastructure); Kristina Daisak (Labor, Employment, and Immigration); and Mary Marks (Antitrust and Competition).