Thrasio’s $1 Billion Series D Financing Round

Cooley LLP advised Thrasio on the deal, while Latham & Watkins represented Silver Lake.

Thrasio, a consumer goods company, announced its more than $1 billion Series D financing round, which brings the company’s total funding to more than $3.4 billion.

Silver Lake led the round, which included participation from existing investors Advent International, Upper90, Oaktree Capital Management, Peak6 and Corner Capital. Thrasio will use the new capital to continue acquiring promising brands – both domestically and internationally – while expanding distribution through additional channels.

Thrasio’s deep experience and analytics-driven approach have enabled it to quickly identify and acquire beloved brands with growth potential. Where traditional consumer goods companies take years to conceptualize, design and market products, Thrasio’s unique approach has customer feedback built into the business model. With more than 150 completed acquisitions spanning thousands of products, consumers everywhere already rely on Thrasio for high-quality goods.

The Cooley team was led by Adam Dinow (Picture). Additional assistance was provided by Adam Alperowicz, Tanisha James, David Silverman, David Peinsipp, Jonathan Rivinus, Len Jacoby, Karen Tsai, Daniel Grooms, Alex Fagella, Jacob Gerber, Rubin Waranch, Patrick Flanagan and Alexandra Leavy.

Latham & Watkins represented Silver Lake in the transaction with a corporate deal team led by New York partner Justin Hamill and Bay Area partner Chad Rolston. Advice was also provided on tax matters by Bay Area partner Katharine Moir and on benefits and compensation matters by Bay Area partner Erin Murphy. 

Involved fees earner: Adam Alperowicz – Cooley LLP; Adam Dinow – Cooley LLP; Alex Fagella – Cooley LLP; Patrick Flanagan – Cooley LLP; Jacob Gerber – Cooley LLP; Daniel Grooms – Cooley LLP; Len Jacoby – Cooley LLP; Tanisha James – Cooley LLP; Alexandra Leavy – Cooley LLP; David Peinsipp – Cooley LLP; Jonathan Rivinus – Cooley LLP; David Silverman – Cooley LLP; Karen Tsai – Cooley LLP; Rubin Waranch – Cooley LLP; Justin Hamill – Latham & Watkins; Katharine Moir – Latham & Watkins; Erin Murphy – Latham & Watkins; Chad Rolston – Latham & Watkins;

Law Firms: Cooley LLP; Latham & Watkins;

Clients: Silver Lake; Thrasio ;

Martina Bellini

Author: Martina Bellini