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Wilson Sonsini says it advises Nex on more than $150 million financing
Wilson Sonsini announced that it had advised Nex on more than $150 million in new equity and debt financing. The firm said the funding supported the active-play company’s international expansion, broader retail distribution and additional content partnerships following growth in its United States consumer business.
Key points
- Wilson Sonsini said Baillie Gifford and BAI Capital led the Series E equity round.Wilson Sonsini Goodrich & Rosati
- The firm said a new JPMorgan credit facility formed part of the financing.Wilson Sonsini Goodrich & Rosati
- Wilson Sonsini listed NBA Investments, Logitech, Medici Capital Partners and the Raine Group among participants.Wilson Sonsini Goodrich & Rosati
- The announcement named Yokum Taku, Melinda Douglass, Andrii Onysko and Cooper Aspegren as its advisers.Wilson Sonsini Goodrich & Rosati