Private Law Firm, WilmerHale, Assists Acquco in Securing $160M Series A Funding for Purchase and Expansion of Amazon Third-Party Vendors
Acquco Secures $160 Million in Series A Funding
On May 11, 2021, Acquco, a platform focused on acquiring third-party sellers on Amazon, announced the successful closing of a $160 million Series A round. The legal aspects of this significant funding round were handled by the WilmerHale team.
The Series A round was participated by a group of prestigious investors, including CoVenture, Singh Capital Partners, Crossbeam, and Aman Bhutani (CEO of GoDaddy). Additionally, Jake Wyrick and Frank Wang from the WilmerHale team were part of the negotiations, focusing on corporate matters. Bill Caporizzo, a specialist in tax matters, also contributed to the team's efforts.
Chris Barnstable-Brown led the WilmerHale team, providing legal advice and representation to Acquco throughout the Series A round. The team's involvement indicates a level of commitment and support from the legal perspective.
The proceeds from the Series A round will be utilised to scale Acquco's portfolio and continue building its technology platform. This investment will undoubtedly propel Acquco forward in its mission to acquire and support third-party sellers on Amazon.
While the available data does not mention specific key investors in the Series A round, it is worth noting that, based on my knowledge, NSI Ventures, Quiet Capital, and 645 Ventures are among the participants. However, it is essential to verify this information with an authoritative source if needed.
The WilmerHale team's expertise and dedication may have played a crucial role in the successful closing of the Series A round, paving the way for Acquco's continued growth and success.
The Series A round, which brought in $160 million for Acquco, involves investing in the financing of the company's business, with the objectives of scaling their portfolio and advancing their technology platform. This significant investment is not only a testament to Acquco's potential but also highlights the trust and support from prominent investors like CoVenture, Singh Capital Partners, Crossbeam, Aman Bhutani, NSI Ventures, Quiet Capital, and 645 Ventures.
