Stubbs Alderton & Markiles’ Client HelloTech Merges with Geekatoo

hellotech(Los Angeles, CA – May 2016) – SAM client and Los Angeles-based startup HelloTech and rival in-home tech support company Geekatoo have merged, in a sign of consolidation in the hotly competitive on-demand sector.

HelloTech will combine its network of about 150 college students who provide on-demand tech repair to Southern California consumers with Geekatoo’s U.S. network of about 5,000 technicians, the companies said in a joint statement.

The merger connects HelloTech with Geekatoo’s national market and provides Geekatoo with more access to venture capital funding, HelloTech co-founder Richard Wolpert said in an interview.

SAM attorneys that represented HelloTech in this transaction were Scott Alderton and Caroline Cherkassky.

To read the full press release in Fortune Magazine, click here.

About HelloTech

HelloTech is a new on-demand tech support service provided by our fully-vetted team of techs. Each HelloTech Hero is hand-selected, background-checked and completes a variety of tests and assessments. In addition to a complete range of tech support services, we also provide new technology consultation and training. We not only fix problems, we educate and help architect a home’s tech eco-system.

In today’s world of connected devices and the Internet of Things, our mission is to make the newest in technology available and understandable to all. We’re making technology in the home simple.

About Geekatoo

Geekatoo.com offers at-home tech support at prices up to 75% off of Geek Squad. They offer a range of fix-priced services and an auction model for custom jobs.

They work with 6,000+ providers across the US ready to provide service and troubleshoot issues such as smart home product installation, computer repair, virus removal, camera and printer repair, building websites, and home theater installation.

Providers are ranked on Geektitude score, which affects their ability to get work. This score is based on previous job satisfaction, certifications and education.

About Stubbs Alderton & Markiles, LLP

Stubbs Alderton & Markiles, LLP is a business law firm with robust corporate, public securities, mergers and acquisitions, entertainment, intellectual property, brand protection and business litigation practice groups focusing on the representation of, among others, venture backed emerging growth companies, middle market public companies, large technology companies, entertainment and digital media companies, investors, venture capital funds, investment bankers and underwriters. The firm’s clients represent the full spectrum of Southern California business with a concentration in the technology, entertainment, videogame, apparel and medical device sectors. Our mission is to provide technically excellent legal services in a consistent, highly-responsive and service-oriented manner with an entrepreneurial and practical business perspective. These principles are the hallmarks of our Firm.

_______________________

For more information about our Mergers & Acquisitons practice and Emerging Growth practice, contact Scott Alderton at (818) 444-4501 or salderton@stubbsalderton.com

Press Contact:

Heidi Hubbeling
Director of Marketing
(310) 746-9803
hhubbeling@stubbsalderton.com

FacebookTwitterGoogle+LinkedInEmail