Gernandt & Danielsson advises in Länsförsäkringar Liv’s investment in Svenska Handelsfastigheter. In connection with the investment, Länsförsäkringar Liv together with Fjärde AP-fonden and Kåpan Pensioner, become part-owners of Svenska Handelsfastigheter. The ownership group consists, besides the mentioned institutions, also of the funders of the company.
Anthony Paroneau was legal advisor to biotechnology company Acticor Biotech as it raised €1.5M from CapDecisif Management, adding to €1.4M in financing raised earlier.
Keyou GmbH secures growth financing in a 7 digit amount from NAGEL Maschinen- und Werkzeugfabrik in Baden-Württemberg.
Keyou GmbH, founded at the end of 2015 by Tom Korn (CEO) and other engine developers, will convert to the most cutting-edge hydrogen technology with cost-efficient retrofitting kits and thereby provide for environmentally friendly mobility. Keyou has already submitted letters of intent to engine manufacturers and transportation companies.
Gide advises Partech Ventures in connection with the structuring and formation of the Paris Saclay Seed Fund, which aims to invest in and nurture technological and service start-ups created by students, recent graduates and researchers of Paris-Saclay University and its members.
McDermott Will & Emery advised insolvency administrator Prof. Dr. Lucas F. Flöther on the sale of the portal www.preisvergleich.de of the UNISTER Group to GET AG. GET AG is an information service provider based in Leipzig, which will take over the 13 employees of the online portal and keep its headquarters in Leipzig.
BIMobject AB (publ) has resolved on a directed placement of new shares of around SEK 166.7 million to Danish Solar A/S. Solar also acquires existing shares in BIMobject of around SEK 50.4 million.
Vinge (capital markets and public M&A partner Erik Sjöman and senior associate Fredrik Christiansson) advised BIMobject.
Dalia Research, a Berlin-based market research startup, secures growth financing in the amount of approx. USD 7 m.
The primary investor in the series A financing round is London-based early-stage venture capital company Balderton Capital. Two existing investors, Wellington Partners and IBB Beteiligungsgesellschaft, have invested along with other investors.
Shearman & Sterling advised the Agence des Participations de l'Etat (APE) on the sale of 4.1% of ENGIE's capital, i.e., 100 million shares. APE is the agency of the French Treasury that manages the State's holdings in private companies. This block trade deal was carried out through a private placement by way of an accelerated book-building process limited to institutional investors. The net proceeds from the sale amounted to €1.14 billion.
Orrick advised San Mateo, California-based fintech startup Alpaca on a $1.75 million venture round. Round participants included D4V, Monex Ventures, MUCAP of Mitsubishi UFJ Financial Group and Eric Di Benedetto, a leading artificial intelligence (AI) and Fintech angel investor, in addition to existing and angel investors.
Stephenson Harwood LLP has advised Orange Growth Capital (OGC) on its investment in Trussle Lab Ltd, a pioneering online mortgage broker.
OGC, a Dutch venture capital firm with offices in London, Amsterdam and Singapore and which focusses on high growth financial technology companies, led the funding round, which included Zoopla Property Group and Peter Brodnicki (CEO of Mortgage Advice Bureau) and raised £4.5m for Trussle. Existing investors of Trussle include Seedcamp, Betfair Founder Ed Wray and Ian Hogarth, the co-founder of Songkick.