Zip’s $269 Million Acquisition of QuadPay


Skadden advised Zip Co Limited on the deal

Zip Co Limited has entered into an agreement to acquire the remaining shares in the New York based “Buy Now, Pay Later (“BNPL”) provider QuadPay Inc., for scrip consideration.

The QuadPay Acquisition implies an enterprise value of approximately US$269m or $403m for QuadPay.

Skadden advised with a team including Jeffrey Brill (PIcture) Sven Mickisch, Matthew Nemeroff, Jonathan Berger, Rahul Bhasin, Alexandra Gallogly (M&A), Brian Krause (Tax), Brian Christiansen (Financial Institutions Regulation), Erica Schohn (Executive Compensation and Benefits), Adrian Deitz (Capital Markets) and Jessica Cohen (IP&IT).

Involved fees earner: Jonathan Berger – Skadden Arps Slate Meager & Flom; Rahul Bhasin – Skadden Arps Slate Meager & Flom; Jeffrey Brill – Skadden Arps Slate Meager & Flom; Brian Christiansen – Skadden Arps Slate Meager & Flom; Jessica Cohen – Skadden Arps Slate Meager & Flom; Adrian Deitz – Skadden Arps Slate Meager & Flom; Alexandra Gallogly – Skadden Arps Slate Meager & Flom; Brian Krause – Skadden Arps Slate Meager & Flom; Sven Mickisch – Skadden Arps Slate Meager & Flom; Matthew Nemeroff – Skadden Arps Slate Meager & Flom; Erica Schohn – Skadden Arps Slate Meager & Flom;

Law Firms: Skadden Arps Slate Meager & Flom;

Clients: Zip Co Ltd;

Author: Ambrogio Visconti