DLA Piper Advises RVshare in Transaction with KKR

10/25/20

DLA Piper represented RVshare, the world's first and largest peer-to-peer RV rental marketplace, in a transaction with global investment firm KKR.

RVshare connects travelers looking to experience RV travel with RV owners interested in turning their RV into a second source of income. Since the company's founding in 2013, RVshare has successfully built a leading position in the emerging market of RV rentals, amassing more than two million days booked on its platform and over 100,000 RVs ranging from luxury motorhomes to campervans to travel trailers.

“We were pleased to bring our experience advising innovative technology companies in complex private equity transactions to support RVshare in this transaction, which will help RVshare meet booming demand as more Americans seek out RVs as a way to travel,” said Samer Zabaneh, the DLA Piper partner who led the firm’s deal team. “The transaction will provide capital, as well as access to KKR’s resources and network, that will help RVShare make significant progress toward its growth goals.”

“The exceptional capabilities and market knowledge of DLA Piper’s team were essential to helping us close this transaction efficiently and successfully, ensuring we can invest in our future growth and continue to provide one-of-a-kind travel experiences,” said Jon Gray, CEO of RVshare.

In addition to Zabaneh (Austin), the DLA Piper team representing RVshare included partners Jenifer Smith, James Vickery (both of Austin) and Stacy Paz (Silicon Valley), and associates Paige Elberger, Rebekah Rodriguez (both of Austin) and Zachary Nolan (Silicon Valley).

The firm’s Private Equity practice includes more than 100 US lawyers who provide strategic counsel to private equity funds and the industry-leading companies they invest in. In 2019, Pitchbook recognized DLA Piper as the second most active private equity law firm globally, further solidifying the strength of the firm’s team and its depth of experience executing private equity transactions.

DLA Piper's global Technology sector lawyers work across practice areas and offices to support technology clients – from startups to fast-growing and mid-market businesses to mature global enterprises – doing business around the world.

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