IAC Invests $250 million in Turo
Morrison Cohen was lead investor counsel for IAC in its $250 million investment in Turo, the world's largest peer-to-peer car sharing marketplace. The Morrison Cohen team included Anthony M. Saur and Alyssa L. Pehmoeller (Corporate) David Lerner and Shruti Chopra (IP); Alan M. Levine and Michael Oppenheimer (Benefits/ERISA); Theodore L. Marks (Real Estate); and Peter K. Anglum, Seth Segan and Matthew Manuelian (Antitrust).
Contacts

- Anthony M. Saur Partner & Co-Chair, Emerging Companies & Venture Capital
- amsaur@morrisoncohen.com

- Theodore L. Marks Of Counsel
- tmarks@morrisoncohen.com

- Peter Anglum Deputy Managing Partner, Finance
- panglum@morrisoncohen.com
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Clients rely on our corporate lawyers' business judgment, legal advice, market knowledge and analytical skills to identify legal and business issues and solve problems.
Morrison Cohen's Emerging Company & Venture Capital Practice provides comprehensive guidance to venture capital funds and emerging companies. Our services span the full range of fundraising, operations, formation, governance, investments and liquidity transactions.
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Our Mergers & Acquisitions Practice brings together lawyers from our Corporate, Tax, Bankruptcy & Reorganization, Commercial Lending & Finance, Business Litigation, Compensation, Benefits & Employment, Real Estate and Intellectual Property Practices to strategically structure, negotiate and consummate complex business combinations.
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Morrison Cohen’s lawyers focus on middle-market private equity transactions, representing private equity firms in the full spectrum of their activities, including acquisitions and investments, exits, co-investments and fund formation.
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