Fenwick Represents Chegg in Acquisition of Notehall

July 07, 2011

Fenwick & West LLP represented Chegg, Inc., the number one online textbook rental company, in its acquisition of Notehall, Inc., an online class and study notes provider. Financial terms of the deal were not disclosed.

Dave Borders, Senior Corporate Counsel at Chegg (and former Fenwick associate) led the transaction for Chegg. The Fenwick transaction team was led by corporate partner David Bell and also included corporate associate Amna Latif and technology transactions associate Morgan Fong.

Last year, Fenwick also represented Chegg in its acquisitions of Cramster, which provides a range of online academic tutorials for college and high school students, and CourseRank, which enables college students to share course schedules with friends and rate professors online. In 2009, the firm represented Chegg in its $57 million Series D financing and $25 million credit facility. Chegg has raised more than $200 million in equity and debt from Ace Ltd., Foundation Capital, Gabriel Venture Partners, Insight Venture Partners, Kleiner Perkins Caufield & Byers, Pinnacle Ventures, Primera Capital and TriplePoint Capital.

About Fenwick & West

Fenwick & West provides comprehensive legal services to technology and life sciences clients of national and international prominence. The firm is recognized among the leading U.S. law firms for technology startups and was named “Law Firm of the Year” for the Internet and eCommerce industry by InterContinental Finance Magazine. Fenwick is ranked by Mergermarket as one of the top 5 M&A legal advisors in North America for technology deals, by Bloomberg and Thomson Reuters as one of the top 10 M&A legal advisors in the U.S., and by FactSet and Thomson Reuters as one of the Top 25 M&A legal advisors worldwide.