Shanghai/Istanbul - The Chinese cable manufacturer Jiangsu Zhongtian Technology Co., Ltd. (ZTT) has acquired the Turkish company Demirer Kablo from Saudi Cable Company for USD 66.7 million. The transaction was completed today after merger control clearance had been granted.
Orrick advised Munich-based 3D printing startup DyeMansion GmbH on its €4.5 million Series A financing round, led by Unternehmertum Venture Capital Partners (UVC Partners), btov Partners (btov Industrial Technologies Fund), and existing corporate venture capital investor AM Ventures.
International law firm CMS has advised UK-based LegalTech start-up Apperio Limited (“Apperio”) on its £7.5 million cash injection in a fundraise round led by Draper Esprit. The Series A round also received support from existing investors Notion, IQ Capital and various angel investors.
Gide has advised Launchmetrics, the company resulting from the merger between Augure and Fashion GPS in 2016 and that provides a marketing platform and analytics solution for the fashion, luxury and cosmetics industries, as well as its long-standing investors (Amundi, Serena, Seventure and Ventech) on a USD-50-million funding round led by Bpifrance’s Large Venture fund, with participation from Seventure, the Courtin-Clarins family, and German fund Cipio Partners.
International law firm CMS has advised UK-based LegalTech start-up Apperio Limited (“Apperio”) on its £7.5 million cash injection in a fundraise round led by Draper Esprit. The Series A round also received support from existing investors Notion, IQ Capital and various angel investors.
Cologne – The Cologne-based CAM Group has acquired all the shares in DB Private Equity GmbH from Deutsche Bank. The purchase price was not disclosed. The DB Private Equity division handles investments in private equity funds-of-funds and managed accounts. The Europe-wide client base chiefly comprises institutional investors (insurance companies, pension funds, financial institutions). Together with CAM Private Markets, DB Private Equity GmbH has total assets under management of more than EUR 3 billion.
Cooley advised Endava on its $145.8 million initial public offering of 7,291,000 American Depositary Shares, each representing one Class A ordinary share of Endava, including the full exercise of the underwriters’ option to purchase additional shares. Partners Nicole Brookshire, Darren DeStefano and Ed Lukins led the Cooley team advising the company on this dual-class IPO.
Clifford Chance has advised Samsung Electronics France in connection with the launch in France of its Samsung Pay solution for contactless payment by mobile phone, notably on aspects relating to the regulation of payment services under the new Payment Services Directive (PSD2), banking secrecy and personal data protection in the new framework laid out by the General Data Protection Regulation (GDPR).
International law firm CMS has advised the parent company of UK IT solutions provider OCSL on its acquisition by Frankfurt-listed CANCOM, a German IT services business with a turnover exceeding €1 billion. Following the sale, OCSL will become CANCOM’s UK-based hub.
Willkie represented Alpega Group, a leading global logistics software company based in Belgium, in its acquisition of wtransnet, the leading freight exchange in Spain and Portugal.
It was recently announced that Willkie client Alpega Group, a leading global logistics software company based in Belgium, acquired wtransnet, the leading freight exchange in Spain and Portugal. With the addition of wtransnet, Alpega expects to grow its carrier network to more than 70,000 members across Europe, providing significant added value to its customers.