Fenwick represented Digital Motors, an automotive retail and financial technology platform, in its acquisition by TrueCar, an automotive digital marketplace.
The acquisition of Digital Motors will help accelerate TrueCar's plan to deliver a robust digital car buying and selling experience with its TrueCar+ marketplace. More information can be obtained from TrueCar’s announcement.
Fenwick has served as counsel to Digital Motors for several years, led by corporate partner Mark Leahy. The Fenwick transaction team for Digital Motors’ acquisition by TrueCar included corporate partner Stephen Fisher and associates Chima Nwachukwu and Luke Finn; technology transactions partner Ralph Pais, counsel Ana Razmazma and associates Julia Arruda and Ann Kang; executive compensation and employee benefits partner Marshall Mort, counsel Jane Piehler and associate Bryan Belok; and tax partner Will Skinner and associates Mike Knobler and Kris Hatch.