DLA Piper represented Securly, Inc. in a US$16 million round of Series B financing led by Defy Partners, along with participation by Owl Ventures. This round brings Securly’s total funding to date to US$24 million. The company plans to use the funds to accelerate further research and development in K-12 safety, and ramp up sales and support.
International law firm Taylor Wessing has advised on the sale of One.com, one of Europe's leading providers of domain names and web hosting solutions, to European-investment focused private equity firm, Cinven.
The firm provided advice to both the founder and CEO of One.com, Jacob Jensen, as well as Accel-KKR, a technology-focused private equity firm. Accel-KKR made its initial growth investment in One.com in 2014, helping the business generate significant organic revenue growth and increased profitability.
Global law firm White & Case LLP has advised Yandex, one of Europe's largest internet companies and the leading search provider in Russia, on its proposed acquisition of rights to an approximately four hectare plot of land situated at Kosygina Street in Moscow for the construction of its new headquarters.
The total acquisition cost of the land will be approximately US$145 million.
McDermott advised a German IT service provider for banks on the acquisition of a stake in a Swiss fintech company.
Global law firm White & Case LLP has advised Kazakhtelecom JSC, Kazakhstan's state-controlled telecommunications company, on the acquisition of a 75 percent stake in Kcell JSC, the leading mobile operator in Kazakhstan which is listed on the London Stock Exchange (LSE) and the Kazakhstan Stock Exchange (KASE).
International law firm Ashurst advised Medix on the acquisition of group Talentoday.
Talentoday is a global behavioral science and technology leader, offering online social career guidance solutions by providing free assessment for individuals and a cloud-based framework for career and HR experts. Founded by a team of accredited psychologists and HR experts dedicated to creating cutting edge science and technology, Talentoday improves career success by delivering personal insights based on psychometrics and predictive analytics.
DLA Piper represented BuildingConnected, a construction software provider, in its sale to software company Autodesk for US$275 million.
Autodesk’s product portfolio includes software targeted to a range of industries, including architecture, engineering, manufacturing and construction. BuildingConnected offers an online bid management platform designed to streamline the bidding process and better manage construction projects. The transaction is expected to close in January 2019.
Kraken Robotics Inc. (TSXV: PNG) (OTCQB: KRKNF) announced that it had closed its previously announced bought deal short form prospectus offering of common shares of the company for gross proceeds of $6 million.
The offering was completed by a syndicate of underwriters led by Clarus Securities Inc. as lead underwriter and sole bookrunner, and including Beacon Securities Limited.
Cooley advised MightyHive, a recognized leader in programmatic digital media buying, on its agreement to sell to S4 Capital. Lawyers Eric Schwartzman and Kassendra Galindo led the Cooley team advising MightyHive on the agreement.
In a statement, MightyHive said “the merger will enable [it] to meet rapidly growing demand from clients” and expand its opportunities.
Skadden represented ARTERIA Networks Corporation in its ¥25.2 billion initial public offering on the Tokyo Stock Exchange.