Fenwick & West represented FanDuel Inc., the largest one-day fantasy sports operator, in its acquisition of AlphaDraft, the leading fantasy eSports platform. Financial terms of the transaction were not disclosed.
The acquisition continues FanDuel’s long-term strategy of acquiring top talent around the fantasy sport industry as it builds one of the finest fantasy products for players – all designed to enhance the sports experience. More information about FanDuel’s acquisition of AlphaDraft can be obtained from the Gamasutra press release.
The Fenwick transaction team included corporate attorneys David Michaels, Brian Hicks, Jordan Koss, Tahir Golden and James Do; executive compensation and employee benefits attorneys Blake Martell, Gerald Audant, Grace Chen and Kristin O’Hanlon; technology transactions attorneys Stephen Gillespie and Justin Baumli and tax attorney Will Skinner.