Fenwick Represents Upwork in Acquisitions of Ascen and Bubty

Fenwick is representing Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, in its acquisitions of Ascen, a global compliance and EOR (employer of record) company and Bubty, a workforce management platform.

Upwork will integrate these two companies into its existing enterprise business to create a stand-alone entity under the Upwork umbrella. More information can be obtained from the news announcement.

The Fenwick transaction team for Upwork’s acquisition of Ascen includes corporate partners Lynda Twomey and Ran Ben-Tzur and associates Samuel Fleuter, Christina Scully and Alex Hall; technology transactions partner Joseph Schenck and associates Andrew Martinez, Lily Rose Henein and Nick Zakari; executive compensation and employee benefits partner Marshall Mort and associates Jonathan Stephenson and Rachel Coffey; privacy and cybersecurity partner Ana Razmazma and associate Kayla Tanaka; and tax partner William Skinner and associate Kris Hatch.

The Fenwick transaction team for Upwork’s acquisition of Bubty includes corporate partners Lynda Twomey and Ran Ben-Tzur and associates Samuel Fleuter, Rob O’Connor, Jing Liu and Sammi Chen; technology transactions partner Joseph Schenck, associate Alberto Tohme, law clerk Kiyan Savar and advisor Sandra Weustink; executive compensation and employee benefits partner Marshall Mort and associates Jonathan Stephenson, Melita Chan and Nathan Pope; privacy and cybersecurity partner Ana Razmazma; tax partner William Skinner and associate Kris Hatch; and payments systems associate Igor Voloshin.