Sumeru Equity Partners US$200 million strategic investment in Loopio

On Apr. 8, Sumeru Equity Partners, a growth-focused technology investment firm based in San Mateo, California, announced its US$200 million strategic investment in Loopio, a Toronto-based software firm that helps growth-focused companies streamline their response process for RFPs, DDQs and security questionnaires. Loopio will use the capital to accelerate product development, customer acquisition and hiring.

 

Cassels Brock & Blackwell LLP acted as Canadian counsel to Sumeru Equity Partners with a deal team that included
Frank Arnone,
Nicola Geary,

Gaurav Anand,
Michael Britton (private equity),

Corinne Grigoriu (tax),
Chandimal Nicholas,

Marco Ciarlariello (intellectual property),
Kristin Taylor,

Erin Minuk (employment and labour),
Suhuyini Abudulai,

Amanda Scolieri,
Paras Patel (banking and specialty finance),

Lucas Blair (real estate).

 

Kirkland & Ellis LLP acted as U.S. counsel for Sumeru Equity Partners with a team that included
Adam Phillips,
Jana Glock,

Kristie Shu (private equity),
Brian Ford,

Kristen Smith,
Matthew Demopoulos,

Kristy Sherrin Moawad,
Tammy Adereti (banking),

Karin Orsic,
Rachel O'Brien,

Zeynep Tekin (investment funds),
Matthew Antinossi (employee benefits),

Lucy Frey,
Daniel Rios (executive compensation),

Madeline Klebanov,
R.D. Kohut,

Wes Benter (employment and labour),
Chris Boyd (antitrust and competition),

Jacob Clark (real estate),
Kevin Coenen,

Paul Stephens Hendrickson (tax),
Daisy Darvall,

Ines O'Farrell (technology and IP transactions).

Osler, Hoskin & Harcourt LLP acted for Loopio with a deal team composed of
Chad Bayne,
David Jamieson,

Chres Lee,
Jeremy Lin,

Sahil Chopra,
Emery White,

Alex Alacchi,
Michael Sproule (emerging and high growth companies),

Dov Begun,
Jennifer Horton (tax),

Kaeleigh Kuzma (competition/antitrust),
Damian Rigolo (employment),

Martha Martindale (financial services).