GoFundMe’s Acquisition of Classy

Wilson Sonsini Goodrich & Rosati advised GoFundMe on the deal.

GoFundMe, the trusted leader in online fundraising, announced it has signed a definitive agreement to acquire Classy, a leading modern nonprofit fundraising software company. The addition of Classy accelerates opportunities to service the nearly $500 billion U.S. philanthropic market as GoFundMe aims to be the most helpful place in the world.

The acquisition will create a global leader in modern giving across B2C and B2B, enhance donors’ ability to discover new causes and organizations to support by providing a personalized and expansive giving experience, and unlock new opportunities for nonprofits to reach broader audiences and further build relationships with current donors through the addition of new resources and paths for growth. The all-equity deal was signed on January 6, 2022 is expected to close in the first quarter of calendar year 2022, subject to receipt of regulatory approvals and other customary closing conditions.

The Wilson Sonsini team included: Michael Russell (Picture), Broderick Henry, Dennise Martinez, Sasha Bobrowicz, Mark Baudler, Melissa Rick, Jocqueline Kaup, John McGaraghan, Caitlyn Bingaman, Jamillia Ferris, Kimberley Biagioli, Matthew McDonald, Matthew Staples, Michael O’Brien, Daniel Chen, Jonathan Zhu, Nika Antonikova, Jason Chan, Brandon Gantus, Michael Klippert, Rebecca Stuart, Sarah Eller, James McCann, Yue Shi and Martin Sul.
 

Involved fees earner: Nika Antonikova – Wilson Sonsini Goodrich & Rosati; Mark Baudler – Wilson Sonsini Goodrich & Rosati; Kimberley Biagioli – Wilson Sonsini Goodrich & Rosati; Caitlyn Bingaman – Wilson Sonsini Goodrich & Rosati; Jason Chan – Wilson Sonsini Goodrich & Rosati; Daniel Chen – Wilson Sonsini Goodrich & Rosati; Sarah Eller – Wilson Sonsini Goodrich & Rosati; Jamillia Ferris – Wilson Sonsini Goodrich & Rosati; Brandon Gantus – Wilson Sonsini Goodrich & Rosati; Broderick Henry – Wilson Sonsini Goodrich & Rosati; Jocqui Kaup – Wilson Sonsini Goodrich & Rosati; Michael Klippert – Wilson Sonsini Goodrich & Rosati; Dennise Martinez – Wilson Sonsini Goodrich & Rosati; James McCann – Wilson Sonsini Goodrich & Rosati; Matthew McDonald – Wilson Sonsini Goodrich & Rosati; John McGaraghan – Wilson Sonsini Goodrich & Rosati; Michael O’Brien – Wilson Sonsini Goodrich & Rosati; Melissa Rick – Wilson Sonsini Goodrich & Rosati; Michael Russell – Wilson Sonsini Goodrich & Rosati; Yue Shi – Wilson Sonsini Goodrich & Rosati; Matthew Staples – Wilson Sonsini Goodrich & Rosati; Rebecca Stuart – Wilson Sonsini Goodrich & Rosati; Martin Sul – Wilson Sonsini Goodrich & Rosati; Jonathan Zhu – Wilson Sonsini Goodrich & Rosati;

Law Firms: Wilson Sonsini Goodrich & Rosati;

Clients: GoFundMe ;

Martina Bellini

Author: Martina Bellini