Summit Partners’ $75 Million Investment in Optimove

In UK Milbank LLP, advised on the matter.

Milbank LLP advised Summit Partners with a team including Andrej Wolf (Picture – Corporate M&A), Joel Harrison (IP&IT), Russell Jacobs (Tax M&A and Deal Advisory).

Global growth investor Summit Partners announced its $75 million investment in Optimove, a leader in CRM marketing. 

Optimove’s SaaS technology combines a Customer Data Platform with a Multichannel Marketing Hub designed to uniquely empower brands to deliver personalized marketing campaigns to connect and engage with existing customers. The financing will support continued investment in strategic hiring and M&A, expansion of the company’s Customer Relationship Management Marketing platform, and further acceleration of Optimove’s rapid growth.

The Milbank team was led by Global Corporate partner Andrej Wolf (Picture) with support from Technology partner Joel Harrison, Tax partner Russell Jacobs and associates Anna Bryant, Gemma Cullen and Marta Zieba (Global Corporate), Katherine Soanes, Chris Puttock and Prudence Buckland (Technology) and Cosmos Fung (Tax).

Involved fees earner: Anna Bryant – Milbank LLP; Prudence Buckland – Milbank LLP; Gemma Cullen – Milbank LLP; Cosmos Fung – Milbank LLP; Joel Harrison – Milbank LLP; Russell Jacobs – Milbank LLP; Chris Puttock – Milbank LLP; Katherine Soanes – Milbank LLP; Andrej Wolf – Milbank LLP; Marta Zieba – Milbank LLP;

Law Firms: Milbank LLP;

Clients: Summit Partners;

Author: Giulia Di Palma