Bermuda
As part of the transaction, which closed last week, Thoma Bravo has made a new equity investment in the company to maintain a significant minority interest. Working alongside lead counsel Kirkland & Ellis, the Carey Olsen team advising Thoma Bravo on all Jersey-related corporate and regulatory aspects of the acquisition comprised partner Guy Coltman and senior associate Susan McKinstray
Bermuda
The 2021 edition features firms from 36 jurisdictions and is billed as the 'essential handbook for those seeking legal advisers with verifiable experience on cross-border matters in the distressed space'. Carey Olsen has now featured in all five editions of GRR 100 since its launch in 2017
Bermuda
After emerging from bankruptcy protection in June, Hertz rental cars has returned to the Nasdaq. The pricing of its upsized public offering of 44,520,000 shares of its common stock, to be sold by certain stockholders of Hertz, was set at a price to the public of $29.00 per share
Bermuda
The Guernsey-domiciled investment company, managed by Phoenix Asset Management, recently launched on the LSE following a £178 million (approximately US$245 million) IPO. Castelnau is focused on investing in both public and private companies with initial investments including firms providing digital analytics
Bermuda
The SPAC will be targeting the tech-enabled consumer and technology sectors, with a specific focus on e-commerce and marketplaces and enterprise software.The Nasdaq offering consists of 20,000,000 units priced at US$10.00 per unit. Each unit is composed of one Class A common share and one-half of a purchase warrant. Each whole warrant is redeemable for one Class A common share a US$11.50 per share
Bermuda
The purchase of the Guernsey-based reinsurance company, which was established in 2015, represents Marco Capital's third such acquisition within nine months
Bermuda
The firm's Singapore office topped the offshore category with a five-star rating after securing the highest number of recommendations of the five firms recognised. The results of the research are based on more than 12,000 recommendations from over 6,000 lawyers, clients and colleagues. In total, 101 law firms were recognised across 17 categories as part of The Straits Times and Statista research
Bermuda
The awards, which will take place virtually on Wednesday 1 December, look to celebrate the very best of the legal industry across 24 categories, including regional accolades and prizes celebrating standout performance in a range of practice areas. Winners will be decided by a panel of independent judges, which includes managing partners of international law firms and in-house lawyers of multinational companies
Bermuda
Among those recognised, Ben Morgan, partner and head of the funds group in Guernsey, remains the only Guernsey-based lawyer to be recognised as one of six Global Elite Thought Leaders for the offshore region. Global Elite Thought Leaders are chosen based on the number of nominations they received from peers, corporate counsel and other market sources during Who's Who Legal's research
Bermuda
In addition to those individually recognised, which includes seven as Leading Individuals, the firm is ranked in 16 different practice areas by the highly respected legal directory
Bermuda
Those recommended as global leaders comprise partners Bernadette Carey (Cayman Islands), Russell Clark (Guernsey), Keith Dixon (Jersey), Konrad Friedlaender (Guernsey), Karen Le Cras (Guernsey), Siobhan Riley (Jersey), Keith Robinson (Bermuda) and Alexa Saunders (Jersey), and counsel
Bermuda
The initiative, which began in June this year, has already supported Jersey charities Brighter Futures and La Passerelle, and aims to provide a safe space for people to engage with the arts, express themselves and build confidence. It sees ArtHouse Jersey look to match an artist's unique skill set to the particular needs of the partner charity, creating a bespoke artistic experience for all involved
Bermuda
The acquisition, which is expected to close before the end of the year subject to regulatory approvals, will see 7RIDGE help drive the organic growth of Trading Technologies and help the Chicago-based technology provider with future strategic acquisitions moving forward
Bermuda
Specialising in cross-border restructuring and insolvency as well as commercial dispute resolution in both the British Virgin Islands and the Cayman Islands, Kimberley has particular experience in applications for the appointment of 'soft touch' or 'light touch' provisional liquidators and offshore commercial litigation, having acted in a range of fraud, breaches of directors' duties, shareholder disputes, and minority dissent proceedings
Bermuda
Global Technology Acquisition Corp. I announced yesterday the closing of its IPO of 20,000,000 units (upsized from 15,000,000 units), which includes 2,500,000 units issued upon the exercise of the underwriter's over-allotment option, at a public offering price of US$10.00 per unit. The total gross proceeds of the IPO amounts to US$200,000,000
Bermuda
ADP III, which has exceeded its US$800 million target, held a final close at roughly US$900 million, with an additional US$250 million of dedicated co-investment capital secured. The fund will invest in established and growing companies in industries that benefit from Africa's fast-growing middle class and the increasing digital transformation of the continent. All investments will uphold the highest standards of impact and environmental, social and governance (ESG) work
Bermuda
WSG is the globally recognised resource for professionals and their clients to receive the highest quality value and service from legal, investment banking and accounting providers. The network provides members with the ability to create new business opportunities and relationships to better serve their clients
Bermuda
Those recommended as global leaders comprised partners Sam Dawson (Cayman Islands), Jan Golaszewski (London), Jeremy Lightfoot (Hong Kong) and consultant John Greenfield (Guernsey). Jeremy was also identified as a 'Future Leader (Partner)' among Asia-Pacific lawyers
Bermuda
Founded in 2017, Buk is the developer of a cloud-based human resources management platform. The financing values the company at US$417 million and already makes Buk the third most valuable startup in Chile, behind Cornershop and NotCo.Working alongside onshore counsel Gunderson Dettmer and Guerrero Olivos, the Carey Olsen team advising Buk on the Cayman law aspects of its funding round was led by partner Alistair Russell, assisted by associate View More
Bermuda
The highly respected legal directory, which ranks law firms and their lawyers based purely on client feedback, has awarded Carey Olsen four Band One rankings in both Guernsey and Jersey. In addition, 45 lawyers from across the firm's Channel Islands and London offices have been individually recognised
Bermuda
The valuation makes Konfio Mexico's fourth unicorn – a privately owned startup company with a valuation of more than US$1 billion. Konfio will use its latest funding to broaden its reach in the country and to make new acquisitions and integrations to improve its service platform and consolidate its offering as the operating system of choice for growing companies in Mexico
Bermuda
Steven, who is chairing a virtual breakout session, 'Living, Employed and Deployed in Tech Central', at this week's Bermuda Tech Summit (13 – 15 October), said there was a misconception that job creation would be limited and only available in highly specialised technical roles
Bermuda
The awards, which are now in their tenth year, recognise achievement and contribution within the real estate funds industry. The Affiliate of the Year category is one of four awards to be presented by AREF and recognises the invaluable support affiliate member firms have provided the association. It is judged on a number of measures including significant activity in a key area, hosting of events, or consistent contribution to AREF affairs
Bermuda
For the nine months to the end of September 2021, the 91 Open Market transactions recorded in the first nine months of 2021, is just six fewer than the whole of 2020 combined, which itself was the most since 2006 when 101 Open Market properties were sold, and which also represented the most of any year since Unusualities of Guernsey started recorded statistics in 2004
Bermuda
The event, which this year has the theme 'Transforming the Digital Landscape', will feature Carey Olsen partner Steven Rees Davies as a panellist for the discussion around Bermuda's future digital infrastructure. Steven, who is a key adviser to clients in the digital technology sector, recently joined the corporate practice in Bermuda after 13 years at another offshore firm in the island