Sprout Social Acquires Tagger Media

Chicago – August 4, 2023 – Cooley advised Sprout Social, a social media management software company, on its $140 million acquisition of Tagger Media, a top influencer marketing platform, and a concurrent $100 million secured debt facility, which will be partially used to fund the acquisition. Lawyers Erin Kirchner, Courtney Tygesson and Jorene Ooi led the Cooley team on the acquisition. Lawyers Jason Savich and Addison Pierce led the Cooley team on the debt facility.

Cooley previously had advised Sprout Social on its acquisition of Repustate, an artificial intelligence-driven sentiment analysis company, in January 2023.

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