Greenberg Traurig LLP

04/06/2026 | Press release | Distributed by Public on 04/06/2026 12:42

Greenberg Traurig Advises Pacific Avenue Capital Partners on Financing for Acquisition of Care.com

LOS ANGELES - April 6, 2026 - Global law firm Greenberg Traurig, LLP advised Pacific Avenue Capital Partners, a Los Angeles-headquartered private equity firm, on its financing to acquire Care.com, Inc. from IAC Inc. (NASDAQ: IAC), a diversified holding company.

Headquartered in Dallas, Texas, Care.com is one of the largest online platforms for seekers and providers of care services, including childcare, senior care, adult care, and pet care. The transaction was completed on March 18 through an affiliate of Pacific Avenue Capital Partners, according to the company's press release.

The Greenberg Traurig team advising on the financing transaction was led by Homin Lee, Los AngelesCorporate shareholder, and included Chris (Sang Min) Shim, New YorkTax shareholder, and Corporate Associates Anthony Shaheen in Boston and Margaret M. Knudsen in Denver.

Since 2007, more than 45 million people have turned to Care.com to find childcare, senior care, pet care, and housekeeping support. With Pacific Avenue's investment and support, Care.com is expected to move faster on product innovation, scale its employer partnerships, and enhance the platform experience for the millions of families and caregivers who rely on it, the company said in its press release.

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