On 8 June, Morrison & Foerster’s Global M&A Group won the Transatlantic M&A Team of the Year for midmarket deals valued at under £1bn for work on Cherokee Global Brands’ acquisition of Hi-Tec Sports at the Transatlantic Legal Awards 2017.
The MoFo team was led by San Diego corporate partner Scott Stanton and senior associate Shai Kalansky, and by London corporate partners Gary Brown and Andrew Boyd. San Francisco finance partner Dario Avram led on the acquisition debt financing, and Palo Alto corporate partner Sara Terheggen led on the equity financing.
In reference to MoFo’s work on the transaction, Henry Stupp, Cherokee’s CEO, stated: “At all times, their professionalism, business acumen and focus allowed for us to reach a successful outcome. For that, I am grateful and proud to say that we consider the MoFo team an important and integral part of the Cherokee team and a key component for our future success.”
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