O&A, P.C., is proud to announce their representation of NZXT, a leader in PC gaming hardware and services, through its closing of a $100 million Series A investment round by Francisco Partners. This investment is NZXT’s first ever strategic round and will be used to bring on more senior talent, expand NZXT’s hardware product line, expand direct-to-consumer offerings in new global markets, and continue to build the NZXT brand.
O&A Managing Partner Dan Offner led the equity deal while Partners Liam Collins, Mike Borenstein, and Associate Attorneys Kevin Pasternak, Bjorn Roos, Andrew Yang, Claudia Herrera, and Vivian Le worked on the Series A. Francisco Partners was represented by Kirkland & Ellis LLP.
“Johnny (founder and CEO of NZXT) is a brilliant engineer and entrepreneur. In a short amount of time, he has taken NZXT from a small startup to a company with multiple international offices and a brand that is respected across the global video game industry,” Offner said. “We are honored to have been able to support Johnny and his team to reach these milestones with this equity financing.”
“It’s been a pleasure working with the team at NZXT to help them secure the capital needed to fuel the global growth of their brand,” Borenstein said. “As NZXT’s outside general counsel, it’s been exciting to support the company’s growth into the recognized brand that it is today. We look forward to seeing how they expand their reach and continue on their mission to support the PC gaming community.”
Based in Los Angeles, NZXT was founded in 2004 and became known for computer case designs that challenged the conventional look of a desktop PC. It has since grown to become synonymous with design and remains a market leader for high-performance gaming systems, components, and accessories.
“Having strong partners throughout a strategic investment round is incredibly important to ensuring a smooth process, where all of the key internal and external players are well-informed and connected,” said Johnny Hou, NZXT CEO and Founder. “We are grateful for the expertise and partnership of Dan and the O&A, P.C., team as we brought on our first-ever investment partner.”
NZXT has been a client of O&A since 2014, and the law firm has handled all of NZXT’s corporate and commercial legal work since that time. To read the official investment press release from NZXT, visit here. For more information about NZXT, visit them at www.nzxt.com or follow on Twitter @NZXT.
Founded in 2004, NZXT is dedicated to making PC gaming achievable to all of those with a passion for play. With design in mind, NZXT makes award-winning products that allow for a personalized approach to building PC’s. Their first products were computer cases and they have since expanded to include PC cooling solutions, RGB lighting kits, components, power supplies, and their free PC performance monitoring software, NZXT Cam. They have recently expanded to include new categories like Audio featuring the Capsule Microphone and BLD Kit– an exclusive experience for first-time builders. NZXT also has launched their CRFT line of products, bringing their PC design mindset together with some of entertainment’s most popular brands to create limited-edition cases and accessories for gaming enthusiasts. NZXT remains committed to serving the PC gaming community and keeping their needs at the core of who we are.
About O&A, P.C.
O&A is an elite team of attorneys committed to helping clients achieve their objectives — efficiently and effectively. The firm represents some of the biggest companies in technology and interactive entertainment, as well as some of the world’s most innovative entrepreneurs and emerging growth companies. Founded by Dan Offner, O&A specializes in venture and corporate law for technology and content. For more information, please visit https://oandapc.com/.