NautaDutilh assisted Wallonie Entreprendre and Noshaq in the sale of a part of their stake in Odoo SA. Odoo provides open-source business software applications for small and medium-sized enterprises. It is one of the flagships of Walloon technology, with a recent valuation of more than EUR 3 billion.
Private equity firm General Atlantic joined the shareholding by investing EUR 150 million in Odoo.
The NautaDutilh team was composed of Nicolas de Crombrugghe and Ysaline Mouthuy.
"We're delighted to have assisted Wallonie Entreprendre and Noshaq in the sale of part of their shares in Odoo, Wallonia's first IT unicorn, which has grown from its Belgian roots into a global player over the years. Congratulations to all involved!” say Nicolas de Crombrugghe and Ysaline Mouthuy of our Corporate & Finance team.