Fenwick represented Honor Technology Inc., a senior care network and technology platform, in its $70 million Series E financing and $300 million debt financing.
The round was led by Baillie Gifford and existing investors, including T. Rowe Price Associates, Inc., Home Instead founders Paul and Lori Hogan, Prosus Ventures, Andreessen Horowitz, Thrive Capital, FMZ Ventures, Rock Springs Capital, Lighthouse Capital Markets and TriplePoint Capital. Perceptive Advisors led the debt financing with a significant commitment from Ares Management Funds.
Honor will use the funds to further invest in groundbreaking operations and technology capabilities and expand it across the Home Instead network. More information can be obtained from the company's announcement.
The Fenwick transaction team was led by corporate partners Michael Esquivel and Ryan Slunaker, and included associate Joshua Fuller.