Attorney Search
Site Search

PRACTICE AREAS

For all media inquiries, please contact:
Kate Fairweather
+44 20 7710 9842
Email

For U.S. media inquiries, please contact:
Jack Pettit
+1 212 696 6920
Email

Facebook
Twitter
Email Page Print Friendly Page Share

NEWS

April 12, 2019
Curtis Represents Private Equity Firm in Acquisition of Shares in a Digital Banking Company

 

Curtis represented a private equity firm focused on high growth technology and technology-related companies in need of capital and expertise to scale on a global basis in its acquisition of shares of a digital banking company that provides service oriented architecture-based multichannel software products for the financial services industry.

This transaction involved the purchase of Series C Preferred Shares of the digital banking company through a primary issuance and a secondary offering. The private equity firm effected the purchase through its affiliate investment limited partnerships. The transaction closed on March 26, 2019 with a total purchase price of $39.99 million, consisting of $19.74 million for the primary issuance and $20.25 million for the secondary offering.

The Curtis team was led by corporate partner Jeffrey Ostrager, tax partner Eduardo Cukier, tax counsel Olga Beloded, intellectual property counsel Eric Stenshoel, and corporate associate Brendan Klaassen. 

International Lawyers