DLA Piper advised Aumni Inc, a leading provider of investment analytics software to the venture capital industry, in its business combination with J.P. Morgan. Closing is expected in the first half of 2023.
Aumni’s proprietary data analytics engine structures, tracks, and analyzes essential legal and economic terms underpinning growth-stage private market transactions, placing critical portfolio investments terms within users’ reach. With a diverse client base of over 300 institutions ranging from emerging and established venture managers to leading, multinational asset managers, Aumni has evaluated more than $600 billion in invested capital across for than 17,000 private companies. DLA Piper previously advised Aumni on its Series A and B financings.
“The acquisition of Aumni boosts J.P. Morgan’s suite of innovative private market solutions, and we are pleased to have played a role in this impactful combination,” said Randy Socol, the DLA Piper who led the deal team. In addition to Socol (San Diego), the DLA Piper team that advised Aumni included partner David Clark and associates Anthony Taranto and Nick Bolduc (all San Diego).
With more than 1,000 corporate lawyers globally, DLA Piper helps clients execute complex transactions seamlessly while supporting clients across all stages of development. The firm has been rated number one in global M&A volume for 13 consecutive years, according to Mergermarket.
DLA Piper’s Emerging Growth and Venture Capital practice includes more than 200 lawyers who provide strategic counsel to emerging companies in high-growth industries, including technology, healthcare, pharma & biotech, financial services, manufacturing, and communications. Over the last three years, DLA Piper has completed more than 2,100 financings globally totaling over US$80 billion.
DLA Piper advises on all aspects of the fintech sector, representing a wide range of clients, including banks, private equity and venture capital funds, asset managers, broker-dealers, insurance companies, trading platforms and exchanges, and distributed-ledger technology platforms. The firm’s multidisciplinary team around the world offers integrated legal solutions that help clients navigate the increasingly complex environment at the intersection of transactions, technology and regulation.
