Choate represented Silversmith Capital Partners on the deal.
ActiveCampaign raised a $100 million Series B growth equity round.
Silversmith Capital Partners provided a portion of the total capital, expanding its existing investment into portfolio company ActiveCampaign. Silversmith was the sole investor in ActiveCampaign’s Series A round in 2016.
ActiveCampaign will use the funding to develop products, build its partner ecosystem and continue international expansion.
Founded in 2015, Silversmith Capital Partners is a Boston-based growth equity firm with $1.1 billion of capital under management. Silversmith’s mission is to partner with and support the best entrepreneurs in growing, profitable technology and healthcare companies. The firm seeks to invest $20 million to $100 million per company.
Choate team included Brian P. Lenihan (Picture), Rees M. Hawkins and John Marshall Chambers.
Law Firms: Choate;
Clients: Silversmith Capital Partners;