Kirkland & Ellis advised Silversmith Capital Partners, a Boston-based growth equity firm, on its lead role in a $50 million minority growth equity investment in GiveCampus, a leading fundraising platform for nonprofit educational institutions. Several individual investors also participated in the financing including Y Combinator’s Michael Seibel, Stripe’s Claire Hughes Johnson and founding HubSpot team member, Mike Volpe. As part of the investment, Silversmith has committed significant additional capital to provide GiveCampus employees with liquidity through a tender offer. The capital will be used to accelerate product development and hiring across the organization.
The Kirkland team was led by corporate partner Duncan Enista and associates Kendahl Mordini and Aubrey Trudeau, with assistance from corporate partner Christian Atwood. The team also included technology & IP transactions partner Shellie Freedman and associate RJ McLaughlin, and tax partner Lee Morlock and associate Paul Hendrickson.