DLA Piper has advised Beyond Capital Partners (Beyond Capital) on its participation in LDBS Lichtdienst GmbH (LDBS), the leading specialist for lighting.
DLA Piper advised ipsy, the world’s largest online beauty community, in its $100 million Series B funding round from TPG Growth and Sherpa Capital.
The Manchester office of Shoosmiths has advised NVM Private Equity (NVM) on their £4.5m investment of development capital into Love Energy Savings (LES), a Bolton-based comparison and procurement service.
LES helps small and medium-sized enterprises (SMEs) identify the optimal gas and electricity supplier and tariff to suit their needs and manages any switch of energy supplier on behalf of the SME. Established in 2007 to target the non-domestic energy user market, LES now has a portfolio of almost 16,000 live client contracts.
Fieldfisher has advised Quiqup, the on-demand delivery service, on a Series A funding round.
Fieldfisher has advised Quiqup, the on-demand delivery service, on a multi-million pound Series A venture capital funding round led by Delivery Hero and Global Founders Capital.
Slaughter and May is supporting the legal team at Public Sector Pension Investment Board (PSPIB), the Canadian-based pension investment manager, on PSPIB’s investment, as part of a consortium alongside MBK Partners and others, with respect to the sale of Tesco’s retail business in the Republic of Korea, which is comprised of Homeplus Co., Ltd and Homeplus Tesco Co., Ltd and their respective subsidiaries.
The consideration payable to Tesco represents an enterprise value of £4.24 billion on a cash and debt free basis.
Clifford Chance advised BNP Paribas Real Estate Investment Management Germany GmbH (BNP Paribas REIM Germany) on the launch of a new real estate special fund and on the acquisition of the first property for the fund's portfolio.
The 'Real Value Fund' was launched together with Cording Real Estate Group and has a target equity volume of EUR 150 million.
Tele Columbus AG (“Tele Columbus”), the third largest German cable network operator, today entered into an agreement to acquire pepcom GmbH (“pepcom”), the fourth largest German cable network operator, from Lead Luxembourg 2 S.à r.l. The purchase price amounts to €608m on a cash and debt free basis (enterprise value). The purchase price payable after taking into consideration net debt, debt-like items and the 30% minority participation in KMS Kabelfernsehen München ServiCenter GmbH & Co amounts to approximately €505m (equity value).
Shoosmiths has advised long-standing client, Octopus Investments ('Octopus'), on their investment in Healthcare and Services Technology Group ('HST').
HST are the owners of Care Monitoring 2000 ('CM2000') and Ezitracker - the UK market leaders in the provision of remote workforce management software solutions.
Octopus is a fast-growing UK fund management company with leading positions in several specialist sectors including smaller company investing. It currently manages £5 billion of funds on behalf of retail and institutional clients.
Osborne Clarke has advised UK private equity firm Synova Capital on its Growth Capital investment in FinTech business Merit Software.
Merit software is a specialist provider of case management solutions to Capital Markets houses and its clients include a number of the world’s leading financial institutions.
The Osborne Clarke team that advised on the deal was led by Partner Al Livingstone, who was assisted by Senior Associate Chris Yeo and Associate James Taylor. This is the third deal Osborne Clarke has acted on for Synova in the last 12 months.
In the successful German TV program “Die Höhle der Löwen”, (the Lions` Den), the entrepreneurs Jochen Schweizer and Lencke Steiner decided to participate in BABO Beverages GmbH. This exceptional start-up company from Freising, situated close to Munich, aims to conquer the European market with its mixed beer beverage, “BABO BLUE”. The beverage consists of 60% beer and 40% berry lemonade. It will be financed with more than €100.000. KWM advised both investors in the context with their participation in BABO Beverages GmbH.