LONDON, December 22, 2021 – Proskauer, a leading international law firm, announced that it advised Auctane, a portfolio company of Thoma Bravo, on its acquisition of leading European shipping platform Packlink from a group of sellers which included Accel Partners, Eight Roads Ventures and Active Venture Partners. The transaction completed December 14 following receipt of the requisite regulatory approvals. With the acquisition, Packlink joins Auctane's suite of merchant solutions tailored to serve SME and large enterprise markets, including trusted brands ShipStation, Stamps.com, ShipEngine, MetaPack, and Endicia.
The Proskauer London team was led by corporate partner Rebecca Villarreal and associates Matt Clift, Shahmir Khan and Jasper Schippers. The team also included corporate associate Jack Morant; tax partner Stephen Pevsner; TMT, privacy and cybersecurity partner Vishnu Shankar and associate Alex Dixey; special antitrust and regulatory counsel Jade-Alexandra Fearns; special employment and data protection counsel Kelly McMullon; and Paris-based special international corporate counsel Stephanie Martinier and associate Doriane Shannon.
This year, Proskauer has advised on some of the most complex M&A transactions across a range of industries including acting as lead counsel to UK-based fintech CFC and its stakeholders on a significant investment joint-led by EQT and Vitruvian Partners; advising ICG on the disposition of Park Holidays and serving as strategic counsel to Deliveroo on its IPO on the London Stock Exchange.