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Mavrck secures US$135 million investment from Summit Partners and acquires Later to build a platform that drives revenue for brands and creators

Fasken
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Clout.io Holdings, Inc. dba Mavrck

Mavrck acquires Later, the leading social media marketing and commerce platform for small business owners and creators.

The combination was funded with a US$135 million strategic investment by global growth equity investor Summit Partners and represents a follow-on to the firm’s December 2021 US$120 million investment in Mavrck. Later will continue to operate as a standalone product and business unit.

Fasken advised Mavrck with a team that was led by Kareen Zimmer, and included Amy Carruthers, Brad Schneider, Clara Rozee, Enoch Chang, Jennifer Smith, Joseph Abboud Dager, Peter Cheng (Corporate and M&A), Mike Coburn (Tax), Lorene Novakowski (Employment & Privacy), Roger Kuypers (IP) and Antonio Di Domenico (Competition and Foreign Investment).

Juridiction

  • Colombie-Britannique

Équipe

  • Kareen A. Zimmer, Associée | Fusions et acquisitions, Réglementation du secteur des services financiers, Vancouver, BC, +1 604 631 4775, kzimmer@fasken.com
  • Amy Carruthers, Associée | Électricité, Vancouver, BC, +1 604 631 4943, acarruthers@fasken.com
  • Brad Schneider , Associé | Droit des sociétés et droit commercial, Calgary, AB, +1 403 261 5502, bschneider@fasken.com
  • Enoch H. Chang, Associé | Droit des sociétés et droit commercial, Vancouver, BC, +1 604 631 4803, echang@fasken.com
  • Peter Cheng, Avocat | Droit des sociétés et droit commercial, Vancouver, BC, +1 604 631 3217, pcheng@fasken.com
  • Michael Coburn, Associé | Fiscalité, Vancouver, BC, +1 604 631 4832, mcoburn@fasken.com
  • Roger A.C. Kuypers, Associé | Agent de marques de commerce | Sciences de la vie, Vancouver, BC, +1 604 631 4880, rkuypers@fasken.com
  • Antonio Di Domenico, Associé | Cartels et enquêtes criminelles, Toronto, ON, +1 416 868 3410, adidomenico@fasken.com