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Baker Botts Represents Artist Capital Management in Series B Funding for 100 Thieves

Release

Deal Description: July 16, 2019 – 100 Thieves, the leading lifestyle brand and esports organization, today announced it has completed its Series B funding round. Artist Capital Management, the New York-based growth investment firm, led the $35M round and its Chief Investment Officer, Josh Dienstag, will join 100 Thieves’ Board of Directors. Additionally, the company today announced the development of its 15,000 sq ft headquarters in Los Angeles. The company has raised $60 million in funding since its inception in November 2017 from investors including Sequoia, Ludlow Ventures, Courtside Ventures, Green Bay Ventures, Tao Capital, Salesforce CEO Marc Benioff, Dropbox CEO Drew Houston, WndrCo, Dan Gilbert, Drake, Scooter Braun and Advancit Capital.  

Baker Botts L.L.P. represented Artist Capital Management in the transaction.

Baker Botts Lawyers/Office Involved:

Corporate: Terence Rozier-Byrd (Partner, New York); Clark Wilkes (Associate, Palo Alto)

Tax: Ron Scharnberg (Partner, Houston); Leah Patrick (Senior Associate, Houston)

For more information, please see 100 Thieves’ news release by clicking here.

 

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