Osborne Clarke with a team led by partner Umberto Piattelli with associate Giulia Basile advised on the procedure to obtain the CONSOB licence for the creation of the new equity crowdfunding platform, Concrete Investing. Osborne Clarke will also advise of all the associated compliance procedures.
King & Wood Mallesons (KWM) advised CHAMP Private Equity (CHAMP) on the establishment of the Gourmet Foods Group through acquisition of MaxFoods and Fine Food Holdings. Together the Gourmet Food Group manufacture, import and distribute premium crackers, sugar-free biscuits and chilled and packaged seafood in Australia, New Zealand and other overseas markets.
The Gourmet Food Group serves as the first investment by CHAMP IV Fund in the food sector.
Ashurst has advised leading Australian property group, Mirvac Group ('Mirvac') on the seed fundraising and establishment of the Australian Build-to-Rent Club ('ABTRC'), with the Clean Energy Finance Corporation ('CEFC') as a key cornerstone investor.
The ABTRC is Mirvac's first Build-to-Rent Club that will offer the opportunity to invest in purpose-built build-to-rent assets in the Australian market.
Kirkland & Ellis LLP represented Funds advised by Apax Partners on its definitive agreement to acquire Genius Sports, a London based, global leader in sport data technology, distribution and commercialisation services. The financial terms of the transaction, which was announced on 30 July 2018, are undisclosed.
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) advises Continental AG on one of the largest organisational changes in the company’s history. As a result a new holding structure of the German technology corporation will be created under the new “Continental Group” umbrella brand. It will be supported by three “group sectors,” namely “Continental Rubber,” “Continental Automotive” and “Powertrain.” "Powertrain” will be transformed into an independent legal entity under a new name by the beginning of 2019.
The publicly traded US company Markel Corporation (Markel) has established an insurance company in Germany in connection with Brexit and is the first foreign insurance group to be granted the respective license for the conduct of business from the German Federal Financial Supervisory Authority (BaFin).
McGuireWoods represented Scottish private equity firm Clyde Blowers Capital (CBC) in an agreement to sell Cone Drive, a Michigan-based industrial gearing manufacturer, to The Timken Company. Terms of the deal were not disclosed and the transaction remains subject to government and regulatory approvals.
Vinson & Elkins advised EQT Infrastructure in connection with its definitive agreement to sell Tampnet AS to 3i Infrastructure plc, a listed long-term investor in infrastructure businesses and assets, and ATP, Denmark’s largest pension provider.
EQT is a leading investment firm with approximately EUR 50 billion in raised capital across 27 funds.
Australia’s leading independent law firm, Corrs Chambers Westgarth, has acted for Karingal Green Health, Aged and Community Care Pty Ltd (Karingal Green), on it’s A$90 million development of the Karingal Green residential aged care precinct in High Wycombe, WA.
Ashurst has advised small business lending platform OnDeck Australia ('OnDeck') in establishing a A$75 million securitisation warehouse provided by Credit Suisse and backed by OnDeck's business loans asset portfolio.
OnDeck is a fintech that provides financing for small businesses in Australia and is part of the OnDeck Group which has loaned over A$8 billion to over 80,000 small business owners across the US, Canada and Australia.