Latham & Watkins Advises Hercules Capital in Growth Capital Financing for ControlUp, a Global Leader in Business Productivity Management

Hercules Capital announced a growth capital financing agreement with ControlUp, a leader in Digital Employee Experience (DEX) management. The financing will provide ControlUp with the financial flexibility to accelerate product development, expand go‑to‑market capabilities, and capture significant market opportunities.

Latham & Watkins LLP represented Hercules Capital in the transaction with a team led by partners Dan Van Fleet and Haim Zaltzman, with associates Hyunji Lee and Ian Drazen. Advice was also provided on tax matters by partner Eric Cho. The UK team included partner Paul Yin, with associates Jason Britto and Pamela Ng Wei Jing. The German team included partner Jan Penselin, with associates Caroline Bugiel and Anastasia Dressler, and assistance from senior legal analyst Oezge Schrell.