NEW YORK—Covington’s representation of Aduro Advisors in securing a strategic growth investment from Vitruvian Partners received an honorable mention by Mergers & Acquisitions Magazine in its list of “2025’s Mid-Market Deals of the Year,” part of its 18th Annual Mid-Market M&A Awards. Deals named are “notable for their innovation and obstacles they successfully navigated.”
Covington advised Aduro Advisors, a fund administrator to venture capital and private equity firms, and its previous ownership group in securing a strategic growth investment from Vitruvian Partners, a global growth-focused investment firm. Aduro’s leadership team and existing shareholder PPC Enterprises would retain a significant investment in Aduro going forward.
The Covington team included Allison Schiffman, Ben Fenech, Alexa Walker, Jennifer Uren, Melanie Cook, Ross Demain, Stacy Kobrick, Ansgar Simon, Brian Harris, Libbie Canter, Jenna Zhang, Jenna Wallace, Megan Woodford, Montene Speight, Steven Mossey, Dimitra Rallis, Heather Haberl, and Zach Schutz.
Mergers & Acquisitions Magazine, founded in 1965, is the oldest trade brand for the dealmaker community. Private equity professionals, strategic acquirers, and advisors like investment bankers, lawyers, and consultants all rely on M&A for news, analysis, data, and community around deals and dealmakers.