Osborne Clarke has advised Acellere GmbH, on the closing of its series A EUR 2.25 million financing round. The investment comes from Capnamic Ventures and several business angels.
The Frankfurt-based start-up has created “Gamma”, a software analytics platform to assist developers in identifying and mitigating bugs and structural issues in software code. It’s used by companies in the finance, automotive and energy sectors.
Eversheds Sutherland advised the Swedish auction platform Barnebys in its second acquisition in the United States. Barnebys acquired the assets in the American company Market Street Media LLC who acts under the brand Collectors Weekly.
Collectors Weekly is a search engine that links to auctions on Ebay. The site also creates editorial content about antiques and collector's item. The site has over one million visitors per month.
Eversheds Sutherland's team consisted of Ludvig Blomqvist and Dennis Lundquist.
International law firm Bird & Bird has successfully represented Easynet in the Court of Appeal, allowing the consolidation of multiple group companies under the Cross-Border Merger Regulations.
The Court of Appeal decision in Easynet Global Services Ltd [2018] EWCA Civ 10 (18 January 2018) has clarified the extent of the UK Court's discretion to approve mergers under the Cross-Border Merger Regulations. This clears the way for multiple companies to be consolidated cross-border within the EU.
Willkie advises TRACE, TRACE’s co-founder, Olivier Laouchez, and the TRACE management team in the transaction.
TPG Growth, a middle market and growth equity investment platform of the global private investment firm TPG, announced it will acquire a majority stake in TRACE, a market leader in afro-urban music and entertainment. The remaining stake will be owned by TRACE’s co-founder Olivier Laouchez and the TRACE management team.
Willkie advises TRACE, TRACE’s co-founder, Olivier Laouchez, and the TRACE management team in the transaction.
TPG Growth, a middle market and growth equity investment platform of the global private investment firm TPG, announced it will acquire a majority stake in TRACE, a market leader in afro-urban music and entertainment. The remaining stake will be owned by TRACE’s co-founder Olivier Laouchez and the TRACE management team.
Osborne Clarke has advised the senior management team of Cloud Savings Company Limited on its acquisition of Invitation Digital Limited (“IDL”), owner and operator of the Vouchercloud and Giftcloud brands, following a management buy-out from the Vodafone Group, placing the company back in the hands of its original founders, Scott Davidson and Greg Le Tocq.
Cologne – Marketing and IT agency Cocomore AG has sold its e-commerce subsidiary Kairion to the ProSiebenSat.1 media group.
A CMS team headed by Dr Richard Mayer-Uellner advised Cocomore on the legal aspects of the transaction.
Kairion will become part of Advertising Platform Solutions, which brings together all of ProSiebenSat.1’s ad-tech activities. The transaction has already been completed. The purchase price was not disclosed.
International legal practice Osborne Clarke has advised the senior management team of Cloud Savings Company Limited on its acquisition of Invitation Digital Limited (“IDL”), owner and operator of the Vouchercloud and Giftcloud brands, following a management buy-out from the Vodafone Group, placing the company back in the hands of its original founders, Scott Davidson and Greg Le Tocq.
BLP has advised XLMedia, the AIM listed leading provider of digital performance marketing, on its successful placing of new Ordinary Shares, raising gross proceeds of £31.7m. The placing, conducted by Berenberg, was oversubscribed and the proceeds are to be used by XLMedia to fund acquisition opportunities as they arise.
Mayer Brown announced today that it advised Altice N.V. and Altice USA Inc. as US tax and structuring counsel in its spin-off of Altice USA Inc. and group reorganization of Altice Europe. The separation and reorganization will enable each business to focus more on the distinct opportunities for value creation in their respective markets and ensure greater transparency for investors.
The Mayer Brown team included Tax Transactions & Consulting partners Jason Bazar (New York), Laurent Borey (Paris) and Jim Barry (Chicago), and associate Lucas Giardelli (New York).