Global law firm White & Case LLP has advised SIA S.p.A. on the €375 million acquisition of First Data Slovakia, S.R.O. and First Data Hellas Processing Services and Holdings S.A.

SIA is a high tech company and European leader in the payments infrastructure and services sector. First Data is a global technology leader in payment technology and services.

International legal practice Osborne Clarke has advised Flock, a London-based startup pioneering the use of real-time data in insurance, on its £2.25M seed funding round. The round was led by Anthemis, a VC focused on Fintech and Insurtech investments. Other investors included Silicon Valley’s Plug and Play, Seed and Speed, and re-investors London VC Downing Ventures, along with a number of angel investors.

Flock will use the money raised to launch its drone insurance platform internationally, as well as expand its London tech team.

Charles Russell Speechlys has advised the Civica Group (an investee company of Partners Group) on the acquisition of master data management specialists, VisionWare Limited (VisionWare).

A team led by Dr. Stefan Duhnkrack, Partner at the Hamburg office of law firm Heuking Kühn Lüer Wojtek, advised Satellite Solutions Worldwide Group plc – now named BigBlu Broadband PLC – on the acquisition of Sat Internet Services GmbH (including its Portuguese subsidiary and Italian-based OpenSky S.r.l.). The acquisition required shareholder approval. The transaction is mainly financed via a GBP 12 million share placement on London Stock Exchange and debt secured in Germany by HSBC.
 

International law firm CMS has advised Hoop, a fast-growing marketplace which helps families find and book organised local activities for children, on its latest investment led by Edge Investments (‘Edge'). The £4m Series A round included a further investment by the Business Growth Fund, following an earlier BGF Ventures-led round of £2.4m in 2017.

DLA Piper secured a victory this week in its representation of WebSpectator Corporation, a Santa Monica-based company that pioneered online analytics and attention ad space, as the plaintiff before the United States District Court for the Central District of California. The litigation against the company's former officers and directors included claims for violations of the Computer Fraud and Abuse Act, the Anti-Cybersquatting Consumer Protection Act and RICO, among other causes of action.

Hogan Lovells advised Adobe in the company’s recently announced acquisition of Magento Commerce, a market-leading commerce platform. The deal, valued at $1.68 billion, will enable commerce to be seamlessly integrated into the Adobe Experience Cloud, delivering a single platform that serves both B2B and B2C customers globally.

Osborne Clarke has advised Düsseldorf-based start-up, Shop.co, on its acquisition by Swedish payment service provider, Klarna.

Shop.co has developed a browser extension that enables users to save preferred products in various online shops when shopping online. Customers are able to purchase these products directly using a single shopping basket without having to order on different sites. Klarna has already acquired various start-ups in Germany and is rated at a value of more than two billion euros.