use Universal (“Fuse”), the leading provider of next-generation learning technology for the workplace, has raised $20 million in growth capital from Eight Roads Ventures to continue investing in product innovation and global expansion.
Law firm Fieldfisher advised Fuse on the deal.
Osborne Clarke has advised communications technology specialist, KATHREIN, on its entire group restructuring.
The most recent and important component of the restructuring was the conversion of the KATHREIN-Werke KG into a European company (SE), called KATHREIN SE. Osborne Clarke has also established the group’s future parent company.
All of KATHREIN-Werke KG’s assets were transferred to KATHREIN SE. Rosenheim will remain the company’s headquarters. Shares in the company will remain with the family.
Hill Dickinson's corporate team has recently advised AIM-listed client Minds + Machines Group Limited (MMX) on its conditional acquisition of ICM Registry LLC (ICM).
Slaughter and May is advising Daily Mail and General Trust plc, the largest shareholder of ZPG plc, on the recommended cash acquisition of the entire issued and to be issued ordinary share capital of ZPG plc by a wholly-owned indirect subsidiary of funds managed by Silver Lake Management Company V, LLC. The transaction was announced on 11 May 2018.
Baker McKenzie is pleased to announce that it has advised the Tokyo Stock Exchange listed LIFULL Co Ltd on its $187 million scheme of arrangement acquisition of the ASX listed Mitula Group Limited as announced to the ASX and TSE today.
The transaction will create a leading global online classifieds and marketplaces group in 63 countries with 170 million visits per month giving customers access to more traffic and a great range of products and services.
Cravath represented Yell Bondco plc in connection with its PS225 million 144A/Reg. S high-yield senior secured notes offering. Yell Bondco plc is part of the Hibu Group, a leading provider of digital marketing solutions to local businesses across the United States and United Kingdom. The notes will be listed on The International Stock Exchange. The transaction closed on May 2, 2018.
A&O advised Empark on its offering of EUR350m 2.875% senior secured notes due 2024 and EUR125m senior secured floating rate notes due 2023.
FRISQ Holding AB (publ) has resolved to carry out a directed share issue which will provide the company with gross proceeds of approximately SEK 53 million. FRISQ intends to use the net proceeds from the share issue to enable international expansion, accelerate product development and to strengthen the organization with focus on sales, development and marketing. The share issue is directed to Swedish institutional investors Swedbank Robur Ny Teknik and Handelsbanken Fonder as well as the incoming board member Lars Björk.
Orrick has advised U.S. software provider Flexera on its acquisition of Brainwaregroup, a Switzerland-based software asset management (SAM) provider. The acquisition significantly expands Flexera’s presence in Germany, Austria and Switzerland and further supports its position as a leading global provider of SAM solutions for large, midsize and small enterprises seeking to optimize software spend and minimize risk across their portfolios.
Global law firm White & Case LLP has advised Avast, the leading global cybersecurity provider, on its US$816.6 million (£602 million) initial public offering (IPO), the biggest ever software IPO on the London Stock Exchange (LSE).