WilmerHale Represents Robinhood in $140M Acquisition of Say Technologies

WilmerHale Represents Robinhood in $140M Acquisition of Say Technologies

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On August 10, 2021, Robinhood Markets, a U.S. consumer investing and trading service, announced its acquisition of Say Technologies, a venture-backed investor communication platform, for $140 million in cash. The all-cash deal is Robinhood’s first major purchase since going public in July 2021.

The acquisition will provide Robinhood access to Say’s software, which offers proxy voting services for shareholders and a platform where companies and their investors can connect. 

The WilmerHale team advising Robinhood included Stephanie Evans, Eric Hanson, Michael Gilligan, Shafi Armatis, Christopher Gravallese and Milan Kumar for corporate matters; Ashwin Gokhale, Kirk Nahra and Ali Jessani for IP and privacy matters; Ciara Baker, Bill Caporizzo, Scott Kilgore, Julie Hogan Rodgers, Kim Wethly, Meghan Walsh, Ben Kelsey and Christopher Shin for tax, executive compensation and employment matters; and Hartmut Schneider for antitrust matters.

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