Global law firm Ashurst has advised finnCap on the £63.2 million recommended cash offer for Attraqt Group plc by Aegean Bidco Limited, an indirect wholly-owned subsidiary of Crownpeak Holdings, LLC.
finnCap is acting as financial adviser to K1 Investment Management, Crownpeak and Bidco in connection with the offer.
Attraqt is a leading provider of software platforms to online retailers and brand owners that maximise the performance and potential of their eCommerce investments by enabling exceptional product discovery experiences.
Crownpeak is majority-owned by funds managed or advised by K1 Investment Management and its affiliates. K1 Investment Management is a leading private investment firm focused solely on enterprise software, with over $13 billion of assets under management and having completed over 200 investments.
The Ashurst team was led by corporate partner Harry Thimont and supported by associates Colin Bugler, Millie Gibbs and Ria Shah.