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
Michael Britton (private equity),
Corinne Grigoriu (tax),
Marco Ciarlariello (intellectual property),
Erin Minuk (employment and labour),
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
Kristie Shu (private equity),
Kristy Sherrin Moawad,
Tammy Adereti (banking),
Zeynep Tekin (investment funds),
Matthew Antinossi (employee benefits),
Daniel Rios (executive compensation),
Wes Benter (employment and labour),
Chris Boyd (antitrust and competition),
Jacob Clark (real estate),
Paul Stephens Hendrickson (tax),
Ines O'Farrell (technology and IP transactions).
Osler, Hoskin & Harcourt LLP acted for Loopio with a deal team composed of
Michael Sproule (emerging and high growth companies),
Jennifer Horton (tax),
Kaeleigh Kuzma (competition/antitrust),
Damian Rigolo (employment),
Martha Martindale (financial services).