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Autoreturn Technologies Receives Majority Growth Investment From Nexa Equity

Silicon Valley Law Group, through corporate attorneys Bernard Vogel, Stephen Wu, and Bill Bretschneider, was pleased to advise TEGSCO, LLC, with Co-Counsel, Wilson Sonsini Goodrich Rosati, led by corporate attorney, Michael Russell, in connection with the majority growth investment in its technology subsidiary, AutoReturn Technologies Inc., a leading towing and parking enforcement SaaS platform provider, from Nexa Equity LLC, a San Francisco-based private equity firm, which partners with SaaS and fintech companies. Congratulations to John Wicker, Jerry Carnahan, John Pendleton, Ray Krouse, and other AutoReturn executives on their new positions with the now Nexa-backed AutoRetun. Willkie Farr & Gallagher LLP represented Nexa Equity in the transaction. For more information on the transaction, see Nexa Equity’s press release here.

Please contact Bernard Vogel if you would like more information about how Silicon Valley Law Group’s corporate transactions team can help your business.

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