5 Articles
5 Articles
Weil Advises PE Firm in Selling Stake as Part of $1.2B Deal - The Texas Lawbook
PSG Equity said it completed the sale of a minority stake in SevenRooms on June 16 to DoorDash as part of the food delivery service’s $1.2 billion acquisition of the customer relationship management technology company. Weil acted as legal counsel to PSG, with David Gail leading the transaction from Dallas. Madeleine Carpenter, an associate in Weil’s Dallas office, was also on the team. The post Weil Advises PE Firm in Selling Stake as Part of $1…
DoorDash’s $1.2B SevenRooms acquisition closes
On Friday, DoorDash announced it completed its acquisition of reservations and customer relationship management platform SevenRooms. When it announced the deal last month, DoorDash promised it would close before the end of the year. Now, in the last weeks of Q2, it’s done; DoorDash owns a reservations company.In a statement, DoorDash VP of strategy and operations, Parisa Sadrzadeh, said, “We’re building a platform that makes it easier for local …
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