News
NEWS
Paul Hastings Advises TECfusions on Its $4 Billion Definitive Agreement to Combine With Apex Treasury
July 22, 2026
Paul Hastings LLP advised TECfusions Inc., an AI infrastructure company focused on designing, building and leasing next-generation data centers, on its definitive business combination agreement with Apex Treasury Corp. (Nasdaq: APXT), a publicly traded special purpose acquisition company. The transaction values TECfusions at a pre-money equity value of $4 billion and includes a concurrent $35 million PIPE financing.
Partners Gil Savir and Steve Camahort, of counsel Ryan Brewer and associate Maggie Chou led the team, which also included partners Brad Bondi and Sean Donahue, who advised on governance matters.
About Paul Hastings
With widely recognized elite teams across 17 core practices, Paul Hastings is a premier law firm with a culture of excellence focused on providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers and corporations.