Orrick advised both Stripe and Goodwater Capital on a $93 million Series D financing round in Monzo, a digital and mobile-only English bank. Michael Moritz and existing investors Thrive Capital, Passion Capital and Orange Digital Ventures also participated.
Ashurst has advised organic baby food company Bubs Australia Limited (Bubs) on its agreement to acquire 100% of NuLac Foods (NuLac), the owner of the CapriLac and Coach House Dairy brands, and a 49.9% equity interest in the dairy facilities producing NuLac Foods products, including Uphamgo Australia Pty Ltd, a CNCA certified producer of adult goat milk powder and a range of related dairy foods (Milk Processing JV).
Weil has advised OMERS Infrastructure on its increase of an additional 4.36% interest in Kemble Water Holdings, the parent company of Thames Water Utilities Limited from Hermes Investment Management, which announced on November 3, 2017. Previously in July 2017, Weil advised OMERS Infrastructure on its acquisition of an additional 5.5% interest in Kemble Water. Following completion of the transaction, OMERS Infrastructure will increase its overall interest in Thames Water to ~27%.
DLA Piper Dinu has assisted BT Investments, part of the Transilvania Bank Group, in becoming a shareholder in local FinTech startup Timesafe, the developer of payment application Pago. The transaction was advised by BT Capital Partners, the investment banking division of the Transilvania Bank Group, together with DLA Piper.
Hill Dickinson has advised Hello Soda, a global text and big analytics business, on its £4 million investment from NVM Private Equity.
Leading international law firm Clifford Chance has advised O Luxe Holdings Limited, a Hong Kong-based investment holding company, in a US$60 million investor round in Divergent 3D, a Los Angeles based company providing 3D printing technology to automotive manufacturing. The Series B financing round also contains an additional investor option of US$40 million.
Head of the firm's corporate practice for Asia Pacific partner Andrew Whan led the team, supported by senior associate Brian Harley and associate Michelle Kwok.
Morgan Lewis represented Pantheon International Plc (PIP), an investment trust company managed by Pantheon Ventures (UK) LLP that invests in private equity funds globally, in a share capital reorganization for the purpose of consolidating its ordinary and redeemable share capital into a single class of ordinary shares. The Board of PIP believes that this will lead to important benefits for the company and all its shareholders, both in terms of improved investment prospects and increased share liquidity.
The features of the consolidation are as follows:
International legal business DWF has advised the anti-cancer drug manufacturer ADC Biotechnology on securing a multi-million pound investment from private equity house Maven Capital Partners. The £8m will build a dedicated pharmaceutical facility, creating 50 scientific jobs.
International legal business DWF has advised the anti-cancer drug manufacturer ADC Biotechnology on securing a multi-million pound investment from private equity house Maven Capital Partners. The £8m will build a dedicated pharmaceutical facility, creating 50 scientific jobs.
International law firm CMS has advised Access Industries (“Access”), a privately held U.S. based industrial group with global strategic investments, as lead investor in Ada Health’s €40m ($47m) funding round. Global Technology investor June Fund and Berlin-based Cumberland VC also joined the round, alongside existing investors.
Global law firm Dentons acted as joint adviser to Investec Asset Management (majority shareholder of SJL) and AfricInvest in relation to the investment of PME Croissance (PMEC); a fund managed by AfricInvest, in the Moroccan group SJL, leading transporter between Europe and North Africa.
This partnership is part of SJL development plan in Africa and Europe and its strategy aiming to open up new platforms in Africa, and a growth through acquisitions of logistic companies.
In the last three years SJL group has seen a strong growth through major investments.