Ian D. Engstrand

Ian D. Engstrand

Partner
Ian D. Engstrand
Boston
+1 617 570 1366

Ian Engstrand is a partner in the firm's Technology group and has experience in several areas of corporate practice with a focus on M&A, venture capital, corporate finance, and securities transactions.

Experience

Ian advises public and private companies on a variety of matters, including company formations, seed, venture and growth equity financings, M&A, and corporate governance. He represents companies in diverse industries such as blockchain and digital currency, financial technology, telecommunications, digital media, software, search, mobile, online advertising, security and enterprise services and medical technology, as well as the venture capital, private equity and investment banks that focus on these companies.

Representative Matters

  • Algorand, a blockchain and cryptocurrency company, in its acquisition of Napster, a music streaming platform, for an undisclosed amount
  • par8o, a healthcare technology company, in its sale to Cloudmed Solutions, a portfolio company of New Mountain Capital for an undisclosed amount 
  • Freshly, a direct-to-consumer prepared meal delivery company, in its sale to Nestlé for $1.5 billion, consisting of closing consideration of $950 million and earnout consideration of $550 million
  • Toast, a cloud platform for the restaurant community, in its acquisition of xtraCHEF, a suite of back office tools for restaurants, for approximately $60 million
  • Skew, a data analytics platform, in its sale to Coinbase for an undisclosed amount
  • SeniorLink, a telehealth company, in its sale to Thomas H. Lee Partners for an undisclosed amount
  • Continuum, an IT management platform for MSPs, in its sale to ConnectWise for an undisclosed amount
  • Kensho Technologies, a provider of machine learning and analytics systems, in its sale to S&P Global for approximately $550 million
  • Confirm.io, an ID authentication platform, in its sale to Facebook for an undisclosed amount
  • CashStar, a provider of gift card commerce solutions, in its sale to Blackhawk Network, a global financial technology company, for approximately $175 million
  • Continuum in its sale to Thoma Bravo from Summit Partners, for an undisclosed amount
  • Scottish Equity Partners in connection with the sale of Skyscanner to Ctrip for approximately $1.7 billion
  • HookLogic, an advertising exchange for brands, in its sale to Criteo, a marketing technology company, for approximately $250 million
  • Millennial Media, a mobile ad platform company, in its sale to AOL / Verizon for approximately $250 million
  • Fuze, a cloud-based unified communications provider, in its acquisition of Fuzebox Software, a cloud-based video conferencing company, for an undisclosed amount
  • Fuze in its acquisition of Contactive, a call management company, for an undisclosed amount
  • Fuze in its acquisition of Whaleback Managed Services, a cloud services company, for an undisclosed amount
  • GoDaddy in its acquisition of the domain name portfolio business of Marchex, a mobile advertising analytics company, for approximately $30 million
  • GoDaddy in its acquisition of Nodejitsu, a provider of application hosting and Node package registry services, for an undisclosed amount
  • Terrible Labs, a software design and development company, in its sale to Autodesk for an undisclosed amount
  • Lagoa, a cloud visualization and distribution platform, in its sale to Autodesk for an undisclosed amount
  • Millennial Media, a mobile ad platform company, in its acquisition of Nexage, a premium mobile exchange, for approximately $108 million in cash and stock
  • LiveRail, a publisher monetization platform for video, in its sale to Facebook for approximately $450 million
  • TripAdvisor in its acquisition of Viator, a platform to book local tours and activities, for approximately $200 million
  • TripAdvisor in its acquisition of Vacation Home Rentals, a platform for direct booking of vacation homes, for an undisclosed amount
  • TripAdvisor in its acquisition of Oyster.com, a hotel review website featuring expert reviews and photos, for an undisclosed amount
  • TripAdvisor in its acquisition of CruiseWise, an online cruise booking agency, for an undisclosed amount
  • TripAdvisor in its acquisition of GateGuru, a mobile resource for flight and airport information, for an undisclosed amount
  • TripAdvisor in its acquisition of TinyPost, an app that enables text over photos, for an undisclosed amount
  • Hasbro in its acquisition of a majority stake in Backflip Studios, a mobile gaming company, for approximately $112 million
  • Hadapt, a database software company, in its sale to Teradata, for an undisclosed amount
  • Admeld, an advertising optimization platform for publishers, in its sale to Google for approximately $400 million
  • Vertica, a database software company, in its sale to Hewlett-Packard for an undisclosed amount

  • Current, a fintech company, as outside general counsel and in its equity financings, including a $20 million Series B financing with Wellington, a Series B-2 financing with Foundation Capital, a $131 million Series C financing with Tiger Global and a $220 million Series D financing with a16z
  • Starburst, a database company, as outside general counsel and in its equity financings, including a $20 million Series A financing with Index Ventures, a $40 million Series B financing with Coatue Management, a $100 million Series C financing with a16z and a $250 million Series D financing with Alkeon Capital 
  • Passthrough, a funds closing workflow automation company, in its $10 million Series A financing with Positive Sum
  • Ancera, a technology company that builds products to optimize food supply chains, in general corporate and financing matters
  • Algorand, a blockchain and cryptocurrency company, in financing, investment and structuring matters
  • Moonbeam, a smart contract parachain on Polkadot, in financing, investment and structuring matters
  • Chainlink, a decentralized oracle network that allows smart contracts to securely connect to external data sources, in investment and structuring matters
  • Verified USD Foundation, a Cayman foundation overseeing the USDV stablecoin, in structuring matters
  • SmileDirectClub, a provider of teeth aligners through at-home kits and retail shops, in its $380 million preferred equity financing with Clayton, Dubilier & Rice, Kleiner Perkins, and Spark Capital 
  • Fuze, a cloud-based unified communications provider, as outside general counsel and in numerous preferred stock financings, including its $134 million Series F financing with Wellington Management Company, Greenspring Associates, Summit Partners, Bessemer Venture Partners and G20 Ventures, its $112 million Series E financing with Summit Partners, Technology Crossover Ventures and Bessemer Venture Partners and its $56 million Series D financing with Technology Crossover Ventures and Bessemer Venture Partners
  • Ipreo, a global provider of financial services technology, in a joint venture with Hamilton Lane Advisors, to solve existing data challenges faced by Limited Partners
  • Hadapt, a database software company, as outside general counsel and in its preferred stock financings with Bessemer Venture Partners, Norwest Venture Partners and Atlas Venture
  • HookLogic, a leader in commerce search advertising, in its preferred stock financings with Bain Capital Ventures and Intel Capital
  • Admeld, an advertising optimization platform for publishers, as outside general counsel and in numerous preferred stock financings with Spark Capital, Foundry Group and Norwest Venture Partners
  • Vertica, a database software company, as outside general counsel and in numerous preferred stock financings
  • Charles River Ventures in numerous early-stage investments
  • IAG Capital in numerous early-stage and growth equity investments, including investments in Tethr, Lindy Biosciences, DeepCure, Jana Care, MNTN, Elucid, Open Drives, Caliber UX, NLX, Graphiant, Ventiva, Cornelis Networks, Celestial AI, Rios Intelligent Machines, and Oradaos

  • Underwriters, led by Credit Suisse, in the initial public offering of Covisint
  • Brightcove, a leading online video platform, in its initial public offering

Credentials

Education

JD2007

Boston University School of Law

BA2004

Columbia University

Admissions

Bars

  • Massachusetts

Recognition & Awards

While attending law school, Ian was a member of the Boston University Journal of Science & Technology Law.

Publications

Ian is a frequent contributor to Goodwin's Founder's Workbench, an online resource dedicated to the emerging company community.