Kirkland & Ellis LLP advised Silversmith Capital Partners, a Boston-based growth equity firm, on its significant investment in DistroKid, a leading provider of SaaS-based software that serves independent musicians and record labels. As part of the transaction, Todd MacLean, co-founder and Managing Partner and Sri Rao, Principal at Silversmith, will both join DistroKid’s board. The financial terms of the investment were not disclosed.
Read the company press release.
The Kirkland team was led by corporate partner Christian Atwood and associates Payson Lyman and Nils Remole; tax partner Lee Morlock and associate Alison Skaife; technology & IP transactions partners Matthew Lovell and Matthew Colman; executive compensation partner Kate Coverdale and associate Galen Spielman; employee benefits partner Alexandra Mihalas and associate Caitlin Pyrce; and labor & employment partner Bryan O’Keefe.