Fenwick Represents Accel in $54 Million Growth Financing Investment in ServiceChannel

Fenwick & West represented Accel, a leading early and growth-stage venture capital firm, in its $54 million growth financing investment in ServiceChannel, a leading SaaS platform and vertical marketplace for facilities management.

The funding will be used to help ServiceChannel accelerate the transformation of an $85 billion facilities and contractor management market to a more modern, data-driven and automated approach. More information about Accel’s $54 million investment in ServiceChannel can be obtained from the company press release.

The Fenwick transaction team was led by corporate lawyers Scott Joachim, David Johanson, Brendan Franich, Patrick Grilli and Shweta Kumar; and executive compensation and employee benefits lawyers Shawn Lampron and Elizabeth Chang.