Viral Nation raises $250 million from Eldridge Industries and Maverix Private Equity
Counsel to Viral Nation Inc.
Lead by
Y. Ken Chun
Max Spearn
Kevin Refah
Madison Derraugh
Ron Choudhury
Carolyn S. Inglis
Karen Durell
Michelle D. MacGillivray
On April 12, 2022, Viral Nation Inc. (“Viral Nation”) announced the completion of a minority investment round led by Eldridge Industries and comprising of Maverix Private Equity, for a combined total of $250 million. The transaction includes $150 million upfront and another $100 million over the next 18 months.
Viral Nation is a global digital media innovation group that powers the social ecosystem through integrated solutions that align strategy, talent, media, and technology. Viral Nation includes full-service digital and social agency, VN Marketing; creator and athlete-influencer management agencies, VN Talent and VN Sports; and software division, VN Tech.
Miller Thomson advised Viral Nation with a team comprised of Ken Chun, Max Spearn, Kevin Refah, Madison Derraugh (Corporate/M&A); Ron Choudhury, Carolyn Inglis (Corporate Tax); Karen Durell (IP/IT); as well as Michelle MacGillivray (Employment).