Resource

 

 

 

 

 

 

 

 

 

 

 

Technology, Media & Telecoms

DOXIM ACQUIRES MESSAGINGDIRECT

29 Mar 2019

On March 28, 2019, Doxim announced that it had acquired MessagingDirect, Ltd., an end-to-end encrypted messaging and customer communications management (CCM) technology company for financial services organizations and their service providers.

Doxim is the leading customer communications and engagement technology provider serving financial and regulated markets. With this acquisition, Doxim adds robust messaging capabilities to its platform and welcomes several new enterprise clients as well as expert management and product teams.

Heuking Kuhn Luer Wojtek supports Reply in the acquisition of Internet agency Neveling.net

27 Mar 2019

Reply AG, the German subsidiary of listed Italian IT service provider Reply SpA, has acquired Hamburg-based Internet agency Neveling.net GmbH. A team led by Dr. Lothar Ende, Partner at Heuking Kuhn Luer Wojtek's Hamburg office, advised Reply comprehensively on the transaction.
 
Neveling.net develops interactive, web-based platforms that combine brands, products, and services to create a unique experience for consumers. One of the core competencies of Neveling.net is the development of complex website and e-commerce platforms with several country and language versions.

K&L Gates Advises Tax Systems plc on £114 Million Recommended Cash Acquisition by Bowmark Capital

26 Mar 2019

London - A team of lawyers from global law firm K&L Gates LLP has advised AIM-listed Tax Systems plc in connection with its recommended cash acquisition by Stripes Bidco Limited, a wholly-owned subsidiary of funds advised by Bowmark Capital and its affiliates.
 
K&L Gates also advised certain managers of Tax Systems plc on their roll-over/investment into Stripes Topco Limited, the ultimate holding company of Stripes Bidco Limited.
 

https://www.bakermckenzie.com/en/newsroom/2019/03/frisq

26 Mar 2019

FRISQ Holding AB (publ) has resolved to carry out a directed share issue which will provide the company with proceeds amounting to approximately SEK 67 million before transaction costs.

FRISQ intends to use the net proceeds from the directed new share issue to establish FRISQ in the US and to support a continued expansion and development of the company’s other operations, such as participation in larger tenders together with partners.

Osborne Clarke advises gridscale on EUR 7m financing round

22 Mar 2019

Osborne Clarke advised gridscale GmbH on a EUR seven million financing led by Endeit Capital and EnBW New Ventures. The existing investors High-Tech Gründerfonds and EnjoyVentures also contributed to the financing round – the latter with the BLSW seed and growth fund. The investment will be used to develop personnel, new technologies and to expand the company internationally.

Global Firm’s Cross-border Capabilities Assist an Australian World Leader

21 Mar 2019

Squire Patton Boggs has again advised Appen Limited (ASX: APX) in relation to debt funding for its acquisition of San Francisco-based Figure Eight Technologies, Inc., for up to US$300 million comprising upfront and earn-out payments. A syndicate of leading global and Australian banks have committed to providing debt facilities to assist Appen in financing this acquisition.

The acquisition is also funded by a fully underwritten placement arranged by Citigroup, which marked the largest primary capital raising of 2019 so far in Australia.

GDS Holdings Limited Completes US$460 Million Follow-On Offering

20 Mar 2019

The Firm represented GDS Holdings Limited (“GDS”) in connection with its follow-on offering of 13,731,343 American Depositary Shares (ADSs), each representing eight of its Class A ordinary shares. The offering raised a total of US$460 million in gross proceeds including full exercise of the underwriters’ overallotment option. GDS will use the net proceeds from the offering in connection with the development and acquisition of new data centers and for other general corporate purposes. J.P.