Fenwick Represents TripActions in $304M Series G and Structured Debt Financing

Fenwick represented TripActions, a travel and spend management platform, in its $154 million Series G at a valuation to $9.2 billion, including new and existing investors, and $150 million structured debt led by Coatue. 

TripActions will use the new capital to accelerate their rapid global expansion. More information can be obtained from the company’s announcement.

The Fenwick transaction team was led by corporate partners Cynthia Hess, David Michaels and Patrick Grilli and included associates David Heckman, Eric Cheng, and Sloka Tankala.