Shearman & Sterling advised Price f(x) AG on the deal.
Price f(x) AG (“Pricefx”) closed a $65 million Series C funding, bringing the company’s total raised capital to date to $130 million.
The round was led by funds advised by Apax Digital, the growth equity fund of Apax Partners, with participation from existing investors.
Established in Pfaffenhofen a.d. Glonn near Munich (Germany) in 2011, Pricefx is the global leader in cloud-native pricing software as a service, offering a comprehensive suite of solutions.
Pricefx will use the new funding to expand and solidify its global market leadership position as a cloud software platform, accelerate product innovation, extend its partner ecosystem, and evaluate strategic acquisitions.
Shearman & Sterling advised Pricefx with a team including Alfred Kossmann (Picture), Annette Petow, Aliresa Fatemi, Sven Oppermann, Michael Dorf, and Larry Crouch.
Involved fees earner: Larry Crouch – Shearman & Sterling; Michael Dorf – Shearman & Sterling; Aliresa Fatemi – Shearman & Sterling; Alfred Kossmann – Shearman & Sterling; Sven Oppermann – Shearman & Sterling; Annette Petow – Shearman & Sterling;
Law Firms: Shearman & Sterling;
Clients: Price f(x);