McDermott Advises Pathpoint, Inc. in the $12.5 Million Follow-on Investment from Caffeinated Capital | McDermott

McDermott Will & Schulte, a global law firm

DEAL ANNOUNCEMENT / PRESS RELEASE

McDermott Advises Pathpoint, Inc. in the $12.5 Million Follow-on Investment from Caffeinated Capital

January 30, 2023

Read time: 3 min

International law firm McDermott Will & Emery represented Pathpoint, Inc., a provider of digital insurance wholesale brokerage services, in its capital raise of an additional $12.5 million from existing investors, led by Caffeinated Capital. The investment, which will support Pathpoint’s continued build out of its wholesale broking operations, includes the purchase of Pathpoint’s Series A Preferred Stock and a Warrant to purchase Series AA Preferred Stock.

The transaction was announced on January 26, 2023.

The McDermott deal team was led by Michael Halsband and included Mike Byrne, Diego Gómez-Cornejo, Elaine Kao, Josh Cohrs, Joanna Lin and Chloe Curtis.

Read Pathpoint’s press release here.

About Us

McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

Michael R. Halsband

Socio

New York – One Vanderbilt Avenue

H. Michael Byrne

Socio

New York – One Vanderbilt Avenue

Joshua A. Cohrs

Associato

Dallas

You may also like