White & Case Advises SoftBank Vision Fund on Investment in Largest Ever European Fintech Fundraising
1 min read
Global law firm White & Case LLP has advised SoftBank Vision Fund on its $800 million investment in Greensill in a deal that values the company at approximately $3.5 billion.
"We are delighted to have worked with SoftBank on another market leading tech deal this year, and to have again broken the record for European fintech fundraisings," said White & Case partner Ian Bagshaw, who co-led the Firm's deal team. "This deal ranks as one of our stand out tech deals, alongside SoftBank’s OakNorth investment and last year’s Avast IPO, and highlights our continuing focus and commitment to our tech practice."
Closing of the investment is subject to various regulatory approvals.
The SoftBank Vision Fund was created to make large-scale and long-term investments in foundational platform businesses seeking to enable the next age of innovation. Greensill is a specialist supply chain finance company founded in 2011 and headquartered in London.
The White & Case team which advised on the deal was led by partners Ian Bagshaw, Emmie Jones and Daniel Turgel, with support from associates Joseph Bradley and Hanna Wingren (all London). The team also included partners Chris McGarry, Tom Falkus, Hyder Jumabhoy, Lindsey Canning, Helen Levendi, Tim Hickman and Peita Menon (all London), Sharon Hartline (Hong Kong), Henning Berger (Berlin), Farhad Jalinous and counsel Stacia Sowerby (Washington, DC), local partner Carsten Loesing (Hamburg), counsel Deborah Lincoln (London) and associates James Jirtle, Richard Wilson, Laura Kitchen, Kimberly Sharp, Kate Russell, Elizabeth Emerson, Luke O’Leary, Adam Farrell and Victoria Speers (all London) and Kirsten Donner (Berlin).
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