Fenwick Represents Figma in Largest Sale of Private Technology Company

Fenwick represented Figma, a leading web-first collaborative design platform, in its pending $20 billion acquisition by Adobe (Nasdaq: ADBE), in the biggest ever takeover of a private software company. The transformational acquisition marks a new era of collaborative creativity.

Together, Adobe and Figma will reimagine the future of creativity and productivity, accelerate creativity on the web, advance product design and inspire global communities of creators, designers and developers. More information can be obtained from Adobe’s announcement.

Fenwick has served as counsel to Figma for several years, led by corporate partner Michael Esquivel, from its inception and initial seed round to its $200 million Series E financing last year.

The Fenwick transaction team was led by corporate partners Kris Withrow, Michael Esquivel, Stephen Fisher, Thomas Kang, Ran Ben-Tzur and Jennifer Hitchcock and associates Chris Gorman, Brendan Montgomery, Anja Kong, Matt Reiser and Christina Scully; technology transactions partners Jonathan Millard, David Hayes and Joseph Schenck, associates Julia Arruda, Ann Kang, Andrew Martinez, Sankalp Kandaswamy, Kehl Sink, Trisha Hilder and Aaron Dunn and advisor Sandra Weustink; executive compensation and employee benefits partners Marshall Mort and Shawn Lampron, counsel Jane Piehler and associates Jonathan Stephenson, Jennifer Lin and Cynthia Yuan; tax partner William Skinner and associates Mike Knobler and Kris Hatch; privacy and cybersecurity counsel Ana Razmazma and associate Brent Tuttle and Samantha Ong; antitrust partners Tom Ensign, Steve Albertson and associates Elizabeth Suarez and Kaylynn Moss; and trade and national security partner Melissa Duffy and associate Mercedes Morno.