MIAMI – March 18, 2025 – Global law firm Greenberg Traurig, LLP advised WeWork International Limited and its affiliates in acquiring SoftBank Latin America's stake in a joint venture operating WeWork locations across Argentina, Brazil, Colombia, Chile, and Mexico. Through this transaction and subsequent corporate entity restructuring, WeWork now holds complete ownership of its Latin American business.
These transactions mark a significant milestone for WeWork, enabling the company to consolidate its operations across Latin America and strengthen its position in key markets.
The closing of the acquisition of all WeWork operations in Brazil was finalized Feb. 21 upon receiving approval from the Brazilian Antitrust authorities. The acquisitions in Argentina, Colombia, Chile, and Mexico, as well as the restructuring of operations in Brazil, occurred in late 2024, following approval from the Mexican and Brazilian Antitrust authorities.
The Greenberg Traurig deal team was led by Miami Shareholder Arnaldo Rego Jr. and Of Counsel Guillaume Le Masson and included Miami Shareholder Yosbel A. Ibarra, New Jersey Shareholder David W. Oppenheim, London Shareholder Sarah Moyles, Amsterdam Shareholders Thomas van der Vliet and Jeroen den Dunnen and Mexico Shareholders Victor Manuel Frías Garcés and Rocio Olea Salgado.
Other Greenberg Traurig team members included Miami Shareholder L. Frank Cordero, New York Shareholder Stephen M. Pepper, Amsterdam Shareholders Thomas Timmermans and Bas Vletter, Mexico Shareholder Miguel Flores Bernes, Amsterdam Local Partner Alette Kroese, and Miami Associate Caitlin Calvo.
About Greenberg Traurig's Latin America Practice: Greenberg Traurig’s award-winning Latin America Practice draws on resources from our offices in Chicago, Houston, Los Angeles, Mexico City, Miami, New York, São Paulo, Washington D.C., and elsewhere around the world, bringing together a multidisciplinary team of more than 120 lawyers to help clients identify and capitalize on business opportunities in Latin America, the Iberian Peninsula, and the Caribbean. As the only global law firm founded in Miami, Greenberg Traurig is inextricably linked to Latin America. Since its beginning, GT has represented many of the family enterprises that are today among Latin America’s largest companies. By addressing real-world problems for clients on a regular basis, our team has developed a breadth of experience that sets us apart. Additionally, for more than 20 years we have sponsored a foreign associate program that invites Latin American lawyers to practice with us, which greatly enriches our resources and regional network.
About Greenberg Traurig: Greenberg Traurig, LLP has more than 2750 attorneys in 49 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2024 BTI “Leading Edge Law Firm” for delivering on client expectations for the future and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA’s Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: www.gtlaw.com.