Fenwick represented Chegg, Inc. (NYSE: CHGG), a leading direct-to-student learning platform, in its acquisition of math solver Mathway.
Chegg acquired Mathway for approximately $100 million in an all-cash transaction. The acquisition expands Chegg’s math offerings globally. More information can be obtained from the company’s announcement.
The Fenwick transaction team included corporate partner David Bell and associates Priscila Bastazin, Aaron Ginsburg and Sloka Tankala; executive compensation and employee benefits counsel Nicholas Frey and associate Joshua Fuller; technology transactions partner Stephen Gillespie and associates Ana Razmazma, Joseph Schenck and Julia Chung; privacy and cybersecurity partner Tyler Newby and of counsel Hanley Chew; and tax partner William Skinner and associate Michael Knobler.