NautaDutilh and Weil, Gotshal & Manges advised Blackstone Growth on the deal and De Brauw has advised Mollie. Freshfields Bruckhaus Deringer advised EQT Growth. Kennedy Van der Laan and Cooley LLP advised HMI Capital. Paul, Weiss advised General Atlantic.
Mollie, being one of the fastest-growing payment service providers in Europe, raised $800M in a Series C funding round, taking the total amount raised by the company to over US$940m. The round was led by funds managed by Blackstone Growth (BXG), Blackstone’s growth equity investing business, and included EQT Growth, General Atlantic, HMI Capital and Alkeon Capital. TCV who led the Series B investment in September 2020 also participated in the funding round.
The funding will fuel Mollie’s international expansion, team scaling and continued investment in product and engineering, helping the firm to realize its vision of becoming the most-loved payment service provider (PSP) in the world.
The round values Mollie at $6.5bn which, based on CBInsights data, suggests Mollie is now one of the top five most valuable privately-held fintechs in Europe, and one of the top 20 in the world.
The NautaDutilh deal team consisted of Lieke van der Velden, Rebecca Pinto, Rutger Goudswaard, Jaap Stoop, Dirk Panis, Isabelle Wilcke (Corporate M&A), Larissa Silverentand, Willemijn Pieters (Picture), Valerie Mielekamp (Financial Law), Albert van der Kolk (Employment), Wijnand Bossenbroek, Florine Kuipéri (Corporate Notarial), Joris Willems (IP/IT), Terrence Dom (Privacy), Francien Rense and Marleen Velthuis (Corporate Crime).
The De Brauw team included Arne Grimme, Henk van Ravenhorst, Mark Rebergen, Ioana Patrascu, Jaap Barneveld, Myrthe van der Klei, Rick van ‘t Wout, Jesse Maas, Lars Buiten, Max Lamb.
The Freshfields team advising on the transaction was led by London private equity partner Vincent Bergin, senior associates Ahmad Khokher and Saloua Ouchan, and associate Anne Zwolsman.
The Kennedy Van der Laan team included Gaby Heere and Lukas Suijkerbuijk. Kennedy Van der Laan worked together with Lauren Creel of Cooley LLP on the investment of HMI Capital.
Paul, Weiss advised General Atlantic with corporate partners Matthew Abbott, Adam Wollstein and Alvaro Membrillera; intellectual property partner Claudine Meredith-Goujon; tax partner Lindsay Parks; antitrust counsel Yuni Yan Sobel; and litigation counsel Steven Herzog.
The Weil team was led by Private Equity partner Simon Lyell and included Private Equity counsel Tomasz Rodzoch, and associates Jessica Corr and Dominika Javornicka.
Involved fees earner: Lauren Creel – Cooley LLP; Jaap Barneveld – De Brauw Blackstone Westbroek; Lars Buiten – De Brauw Blackstone Westbroek; Arne Grimme – De Brauw Blackstone Westbroek; Max Lamb – De Brauw Blackstone Westbroek; Jesse Maas – De Brauw Blackstone Westbroek; Ioana Patrascu – De Brauw Blackstone Westbroek; Mark Rebergen – De Brauw Blackstone Westbroek; Myrthe van der Klei – De Brauw Blackstone Westbroek; Henk van Ravenhorst – De Brauw Blackstone Westbroek; Rick van ‘t Wout – De Brauw Blackstone Westbroek; Vincent Bergin – Freshfields Bruckhaus Deringer LLP; Ahmad Khokher – Freshfields Bruckhaus Deringer LLP; Saloua Ouchan – Freshfields Bruckhaus Deringer LLP; Anne Zwolsman – Freshfields Bruckhaus Deringer LLP; Gaby Heere – Kennedy Van der Laan; Lukas Suijkerbuijk – Kennedy Van der Laan; Wijnand Bossenbroek – NautaDutilh; Terrence Dom – NautaDutilh; Rutger Goudswaard – NautaDutilh; Florine Kuipéri – NautaDutilh; Valerie Mielekamp – NautaDutilh; Dirk Panis – NautaDutilh; Willemijn Pieters – NautaDutilh; Francien Rense – NautaDutilh; Rebecca Runa Pinto-Noome – NautaDutilh; Larissa Silverentand – NautaDutilh; Jaap Stoop – NautaDutilh; Albert van der Kolk – NautaDutilh; Lieke van der Velden – NautaDutilh; Marleen Velthuis – NautaDutilh; Isabelle Wilcke – NautaDutilh; Joris Willems – NautaDutilh; Matthew Abbott – Paul Weiss Rifkind Wharton & Garrison; Steven Herzog – Paul Weiss Rifkind Wharton & Garrison; Alvaro Membrillera – Paul Weiss Rifkind Wharton & Garrison; Claudine Meredith-Goujon – Paul Weiss Rifkind Wharton & Garrison; Lindsay Parks – Paul Weiss Rifkind Wharton & Garrison; Yuni Sobel – Paul Weiss Rifkind Wharton & Garrison; Adam Wollstein – Paul Weiss Rifkind Wharton & Garrison; Jessica Corr – Weil, Gotshal & Manges; Dominika Javornicka – Weil, Gotshal & Manges; Simon Lyell – Weil, Gotshal & Manges; Tomasz Rodzoch – Weil, Gotshal & Manges;