DLA Piper Represents Imprint Energy Sale to CCL Industries
DLA Piper represented Imprint Energy Inc. (Imprint), a US-based start-up technology company, in its sale to CCL Industries (CCL), a Canada-based specialty labeling and packaging solutions company.
Imprint’s proprietary technology for ultrathin, non-hazardous and non-toxic printed batteries for IoT devices, sensors and wearables will become an integral part of CCL Industries, as it looks to develop actively powered intelligent labels with the unique battery technology to improve the security and efficiency of shipping for global corporations, government institutions, small businesses and consumers.
“We were thrilled to have guided Imprint Energy from formation through this sale to CCL,” said Jonathan Axelrad (San Francisco), the DLA Piper partner who led the representation of Imprint over 12 years. “The global integration of new technologies into labeling will improve supply chain outcomes for businesses moving forward.”
In addition to Axelrad, Jinjian Huang (San Francisco) led the deal team, which also comprised of partners Sarah Tauman (San Francisco) and Neil Balmert (San Diego); associate Daniel Cooper (San Francisco); and senior managing attorney Braden Penhoet (Seattle).
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'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.