Latham & Watkins helped Lineage, a cold-storage manager, operator and REIT, pull off the world’s largest IPO in 2024 in late July. It was a client relationship more than a decade in the making.

The $4.4 billion IPO by Lineage, run by two former bankers, facilitated the largest week in total IPO value in two-and-a-half years ($6.1 billion), according to data from Bloomberg. The company walked out of its IPO with an $18 billion valuation, and the IPO pipeline suggests it will continue to be the largest IPO of the year.