Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP advised Fast Group on the deal.
Fast Group, one of the Philippines’ biggest logistics firms, with support from CVC Capital Partners, led the $30 million Series B financing of Great Deals E-Commerce, a provider of e-commerce services catering to multi-national brands. The financing is one of the largest venture rounds raised by a Philippines company this year.
Founded in 2014, Great Deals is an e-commerce enabler that helps brands like Abbot, L’Oréal and Unilever build their online retail operations in the Philippines.
The Gunderson deal team was led by David He (Picture) and included Cheryl Lau.
Clients: Fast Group;