Redcliffe Partners acted as Ukrainian counsel to leading financial technology company YayPay, which specialises in accounts receivable automation solutions, in connection with the acquisition by Quadient, a leading manufacturer of mailing equipment and provider of mailing-related services, for a majority stake in YayPay Inc. Redcliffe Partners also advised on tax-related and competition law matters.<\/p>\n
The purchase price, excluding transaction-related costs, amounts to more than \u20ac17 million.<\/p>\n
“It has been a pleasure to help the YayPay team with this strategic step forward and we wish YayPay continued growth as part of the Quadient group. This mandate is another one in a series of sell-side mandates where we are proud to be helping founders of Ukrainian IT business attract investments<\/em>“, said Zoryana Sozanska-Matviychuk, partner and head of the M&A practice at Redcliffe Partners<\/strong>.<\/p>\n Our role included providing support with the structuring of the transaction, reviewing transaction documents and advising on a number of related tax matters.\u00a0 \u00a0<\/p>\n Redcliffe Partners\u2019 team was led by Zoryana Sozanska-Matviychuk, partner, with the helpful and timely support of Anastasia Usova, partner, Oleksandr Markov, counsel, Maria Koval, counsel, Tetyana Smurova, associate, Kateryna Kuzmenko, tax consultant and Bogdan Nykytiuk, junior associate.<\/p>\n