White & Case advises Fivespan on entry into cooperation agreement with Stride

Global law firm White & Case LLP has advised Fivespan Partners, LP on its entry into a cooperation agreement with Stride, Inc., a technology-based education company.

As part of the agreement, Dr. Steven Guttentag and Dylan Haggart – founder, managing partner and chief investment officer of Fivespan – will be appointed to the Stride board of directors. The agreement also includes the formation of a new Capital Allocation Committee to evaluate Stride's capital structure and capital allocation priorities. Further information is available on Stride's Form 8-K (available here) and in the press release (available here).

The White & Case team was led by M&A partners Richard Brand and Kiran Kadekar, counsel Patti Marks, and associates Edward Ernst and Matan Siskind; and Litigation partner Andrew Hammond and associate Camille Shepherd (all in New York).

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