As part of the transaction, class B preferred shares were issued as consideration. The lead investors also acquired shares from existing shareholders in the context of a secondary sale, which were likewise converted into B shares. The total equity investment amounts to approximately $60m. The proceeds of the investments will be used for working capital and general corporate purposes.
This transaction was referred to us by Goodwin Procter LLP, and the Brussels office of NautaDutilh worked closely with Goodwin Procter’s Washington and London teams.
The NautaDutilh team was led by counsel Carl Clottens, with associates Florence Vanhulle and Jelle Schuermans, with support from Philippe Remels, Philippe François, Frédérique Czanik, Robin Winten, Florence Verhoestraete, Vincent Wellens, Yoann Le Bihan, Sien Vandezande, Jill Van Overbeke, Nathalie Van Landuyt, Sahar Sakkaf, Mauricette Schaufeli, Jasmijn van Koetsveld and Maren Klein.
