Fenwick & West represented Redfin Corporation (NASDAQ: RDFN), a technology-powered real estate brokerage, in its agreement to sell $110 million of capital stock to Durable Capital Partners LP.
The proposed sale consists of a combination of common and preferred stock, and the closing is subject to customary closing conditions.
More information can be obtained from Redfin’s announcement.
The Fenwick transaction team included corporate partners Alan Smith and James Evans and associates Katherine Duncan, Chelsea Anderson, Annie Omata, Alice Lin and Derrick Chapman.