TGS Baltic has advised Superhero Capital on leading a EUR 2.5 million investment round for Cyber Upgrade with Specialist VC, Firstpick, NGL Ventures, and angel investors Marios S. Kalochoritis and Sergei Anikin also participating. Noor reportedly advised on the round as well.
Paksoy Advises General Atlantic on USD 500 Million Series E Investment in Insider
Paksoy, working with Milbank, has advised General Atlantic on its USD 500 million lead investment in Insider's series E funding round.
SSK&W Advises MEP Solutions on Investment in Poland
SSK&W has advised MEP Solutions on its investment in Poland.
Brandl Talos Advises Sportradar on USD 30 Million Acquisition of XLMedia's North American Business
Brandl Talos, working with Bryan Cave Leighton Paisner, has advised Sportradar on the acquisition of the assets of XLMedia PLC's North American business for USD 30 million. Ashurst reportedly advised XLMedia.
Phantom Stock Option Plan – a Modern Method of Motivating Managers Gaining Popularity in CEE
Startups are keen to use motivational tools like the Employee Stock Option Plan (ESOP). These programs do not burden the company with the economic cost of paying additional cash compensation. This way, startups can preserve their cash flow, which is especially sensitive during the initial stages of business development. Simultaneously, such programs effectively motivate employees, who have an interest in increasing the value of the company, as they become its co-owners. For this reason, the cap table of almost every startup today includes an entry for an option pool. However, not every founder wants or can commit to permanently transferring part of the company to employees. In such cases, the Phantom Stock Option Plan (PSOP) presents an interesting alternative.
Nechala and Partners Advises on Sale of Easys to BizLink Group
Nechala and Partners has advised Heimo Wallisch on the sale of Easys to BizLink Group. Baker McKenzie reportedly advised BizLink.
Bird & Bird Advises Iron Mountain on Acquisition of Wisetek
Bird & Bird has advised Iron Mountain on its acquisition of Wisetek.