Orrick Advises Industrious on $100 Million Investment by CBRE

May.19.2022

Congratulations to our client Industrious on its $100 million convertible preferred-equity investment by CBRE Group (NYSE: CBRE), the world’s largest commercial real estate services and investment firm. This brings CBRE’s total investment in Industrious to date to $330 million.

Industrious is a provider of premium flexible workplace solutions. CBRE’s latest investment will enable Industrious to accelerate its international expansion and execute key strategic growth initiatives.

The Orrick team advising Industrious includes Samir Bakhru, David Schwartz, Julien Barbey, Rob Parr, Elizabeth Damaskos, Christine McCarthy, John Narducci, Jennifer Clarke-Smith and Chris Bulkley.

Related Lawyers

Samir R. Bakhru Partner, Technology Companies Group, Life Sciences & HealthTech

New York

See my bio

D:+1 212 506 3771
E: [email protected]

Practice:

Technology Companies Group
Life Sciences & HealthTech

vCard

See full bio

Samir R. Bakhru Partner

New York

Samir has represented early and late stage companies in over $7 billion worth of venture financings and has advised clients in over $5 billion worth of M&A transactions. He has experience in advising founders on structuring their companies to maintain control and frequently counsels executive teams in maintaining and managing a successful board of directors.

Samir’s notable company-side representations include K Health, Dataiku, Beacon Platform, Betterment, Chime, Vise Technologies, Warby Parker, Codecademy, Merama, Genius, ResearchGate, Spell, Frontier Car Group (until sold), Insomnia Cookies (until sold), Sailthru (until sold), Teachable (until sold), and Upworthy (until sold), among others.

In addition to his company-side representations, Samir has represented leading venture capital firms and other strategic investors, including Bessemer Venture Partners, Charles River Ventures, Coatue Management, Heavybit Industries, TPG Growth, Vista Equity Partners, Walden Venture Capital, Warburg Pincus, and Y Combinator Continuity Fund.

Before joining Orrick, Samir was an Associate at Cravath, Swaine & Moore LLP in the General Corporate and M&A group.

David Schwartz Partner, Capital Markets, Corporate Governance

New York

See my bio

D:+1 212 506 5038
E: [email protected]

Practice:

Capital Markets
Corporate Governance
Mergers & Acquisitions

vCard

See full bio

David Schwartz Partner

New York

David is recognized as a trusted advisor who delivers valued execution and results.

BTI Consulting has ranked David as a Client Service All Star.
Chambers has ranked David for his M&A work, with clients noting he is “on top of cutting-edge trends and ideas", "proactive, engaged and personable", and possesses a “depth of legal expertise” and “creative solutions to thorny problems” that “make him our go-to."
Legal500's US M&A Powerlist has featured David, with clients noting he "is an incredible relationship partner. His dedication to understanding our business and our ways of working is complimented by his proactive approach to providing innovative solutions and ideas."

Related Areas

Technology Companies Group

Markets

New York