Akin Gump Advises Francisco Partners in $225 Million Eventbrite Financing
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(New York) – Eventbrite, Inc., a global self-service ticketing and experience technology platform, today announced the company has secured financing from Francisco Partners of up to $225 million. A team from Akin Gump advised Francisco Partners in the investment, which will help fund the execution of Eventbrite’s long-term growth strategy, strengthen its liquidity position and provide greater flexibility to manage through a range of recovery scenarios and the return to live events.
In addition, the investment will give Eventbrite flexibility to manage through the effects of COVID-19 by tailoring its capital needs to the changing environment, while also reinvesting in its self-service platform. To learn more, please click here.
The deal team was led by partner Daniel Fisher, head of the Akin Gump integrated special situations team, with significant assistance from finance partner Luke Charleston. Finance partner Fred Lee and corporate partner Zach Wittenberg also played significant roles in the transaction.
Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 1,000 lawyers and advisors in offices throughout the United States, Europe, Asia and the Middle East. Founded in 1945, the firm is proudly celebrating its 75th anniversary in 2020. #AkinGump75
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