Nutter Represents Zagster, Inc. in $15 Million Growth FundingPrint PDF
Nutter advised Zagster, Inc., the nation’s leading provider of modern, flexible bike share services, in securing $15 million in growth capital. Will Bernat, partner and co-chair of Nutter’s Emerging Companies Group, led the deal team. The round was led by Edison Partners, a leading growth equity investment firm.
Founded in 2007, and headquartered in Cambridge, Mass., Zagster operates more than 200 bike shares across 35 states. Zagster will use the additional funding to accelerate the nationwide rollout of the company’s new dockless bike sharing service, Pace, and to further innovate on the only dockless platform that promotes not only bike sharing, but personal cycling as well. Please click for more information on the transaction.
Nutter’s Emerging Companies Group focuses on entity formation, intellectual property matters, private equity, venture capital and angel financing transactions, mergers and acquisitions, executive and team compensation matters, commercial technology and licensing, and general start-up support. The focus of the Emerging Companies practice at Nutter is on providing entrepreneurs and start-up companies the strategic legal counsel, contacts, and expertise that help clear the path to success.
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