Fenwick & West represented Grovo Learning, Inc., a leading provider of microlearning content, in its acquisition by Cornerstone OnDemand (Nasdaq: CSOD), a global leader in cloud-based learning and human capital management software, for $24 million.
The acquisition of Grovo strengthens Cornerstone’s Content Anytime offerings and furthers the company’s mission to improve access to education on a global basis. More information about Grovo’s acquisition by Cornerstone can be obtained from the company announcement.
Fenwick has served as primary outside counsel to Grovo for several years, led by corporate partner Kristine Di Bacco. The Fenwick transaction team included corporate lawyers Ethan Skerry, Kristine Di Bacco, Priscila Bastazin, Shen Zhang and Hanseok Ko; executive compensation and employee benefits lawyers Matt Cantor, Marshall Mort, Mona Clee and Hans Andersson; technology transactions lawyers Jonathan Millard, Michael Riskin, Julia Chung, Emily Lippincott and Shitel Chanana; and tax lawyer Will Skinner.