Announcements | 01/11/23

Morse Serves as Counsel to Shoobx in Acquisition by Fidelity Investments

Announcements | 01/11/23

Morse is pleased to announce the successful acquisition by Fidelity Investments of long-time Morse client Shoobx, Inc., a leading provider of automated equity management operations and financing software for private companies.

Founded in 2013, Shoobx generates, executes, and stores legal documents. The only platform that fully automates startup equity financing, including providing unmatched clarity for the company cap table, Shoobx aids in modernizing corporate activities for startups so entrepreneurs can focus on what matters, building businesses.

“This is a particularly meaningful transaction for Morse, and me personally, having been on the ride with Shoobx from its earliest days, culminating with a tremendously successful exit that required a true team effort across the firm’s key specialty areas.” said Mike Jabbawy. “Shoobx’s mission around innovating the way tech start-ups interact with their attorneys aligns with Morse’s history of utilizing technology to reduce costs for our client base. We wish the Shoobx team great success ahead under the Fidelity umbrella.”

Michael JabbawyRichard Cocci, and Ryan Whelpley served as corporate counsel to Shoobx in the transaction with support from Morse specialists David Czarnecki, Rebecca Alperin, Faith Kasparian, Ryan Perry, Kevin Olsen, Matthew Mitchell, Mike Cavaretta, and Katelen Dunphy.

Additional details can be found in the Wall Street Journal.

Morse focuses exclusively on the core legal services that businesses need to succeed, helping businesses of all sizes — from startups to Fortune 1000 companies — in the service areas of corporate, intellectual property, licensing, employment, taxation and litigation. Morse has a vibrant M&A practice representing buyers and sellers in the low- to middle-market marketplace.

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