Ropes & Gray Advises Silver Lake in its Investment in Noom
Ropes & Gray advised Silver Lake, the lead investor in Noom’s approximately $540 million Series F funding round. Noom is the leading digital health platform focused on behavior change. Other new investors participating in the round include Oak HC/FT, Temasek, and Novo Holdings. Existing investors Sequoia Capital, RRE, and Samsung Ventures also participated.
The team advising Silver Lake was led by private equity partner Eric Issadore (San Francisco), and included privacy & data security partner Ed McNicholas (Washington, D.C.), antitrust partner Chong Park (Washington, D.C.), IP transactions partner Regina Sam Penti (Boston and London), health care partners David Peloquin, Adrianne Ortega and Tim McCrystal (all of Boston), benefits partner Jenny Rikoski (Boston), labor & employment partner Megan Bisk (Boston) and ESG and M&A partner Michael Littenberg (New York).