Lowenstein represented ACV Auctions in its $150 million late-stage venture capital financing led by new investors Wellington Management Company and Fidelity Management & Research Co. and including existing investors Bain Capital Ventures, Bessemer Venture Partners, and Tribeca Venture Partners. ACV Auctions is a leading dealer-to-dealer, online automotive marketplace that is growing rapidly throughout the United States. Lowenstein has represented ACV Auctions in its prior Series D, Series C, and Series B financing transactions.
The Lowenstein team included Anthony O. Pergola, Dotan Barnea, Joon Hwan Kim, and Cecily Larison.