DLA Piper advises LLR Partners in growth investment in Dizzion
DLA Piper represented private equity firm LLR Partners in its growth investment in Dizzion, Inc., an industry leader in providing managed desktop as a service (DaaS) to the global remote workforce.
The Dizzion investment augments LLR Partners’ extensive portfolio of high-growth, differentiated technology companies. Through the partnership, LLR Partners will provide Dizzion with the resources to expand its AnyCloud global delivery initiative, offering managed DaaS with customer choice of infrastructure and availability in 26 countries on six continents.
“It was a pleasure to bring our significant technology sector private equity experience to successfully complete this investment for LLR Partners, which will enhance our client’s growing portfolio and allow it to play a key role in helping Dizzion deliver its innovative technology,” said Eric Grossman, vice chair of DLA Piper’s Private Equity practice and the partner who led the firm’s deal team.
In addition to Grossman (Northern Virginia), the DLA Piper team representing LLR Partners included partners Thomas Hendershot, Cathryn Le Regulski (both of Northern Virginia), Richard Marks, Julia Kovacs (both of Washington, DC) and Paolo Morante (New York); senior attorney Jerami Davidson (Boston); and associates Melissa Sampson, Shirley Qin (both of Washington, DC) and Ryan Selis (Northern Virginia).
DLA Piper’s Private Equity practice includes more than 100 US lawyers who provide strategic counsel to private equity funds and the industry-leading companies they invest in. Pitchbook has repeatedly recognized DLA Piper as the second most active private equity law firm globally, further solidifying the strength of the firm’s team and its depth of experience executing private equity transactions.
DLA Piper's global Technology sector lawyers work across practice areas and offices to support technology clients – from startups to fast-growing and mid-market businesses to mature global enterprises – doing business around the world.