Qorvo’s Acquisition of 7Hugs Labs

Gide advised Qorvo, while Dechert advised the selling shareholders (including the founders and directors, the business angels, Karista, Kima Ventures and NovX Capital), except the Xerys funds, advised by Bredin Prat, on the deal.

Qorvo, a NASDAQ-listed U.S. company specializing in innovative radio frequency solutions,  executed the acquisition of the entire share capital of 7Hugs Labs, a French tech company in providing software for ultra-wideband (UWB) applications.

Gide advised Qorvo with David-James Sebag (Picture), Paul Jourdan-Nayrac, Sarah Doray (M&A), and Magali Buchert (Tax).

The Dechert M&A team advising 7Hugs Labs’ founders and business angels included in corporate/M&A, partner François Hellot and associate Benhouda Derradji and in tax structuring, partner Sabina Comis and associate Etienne Bimbeau.

Bredin Prat advised Xerys funds with Adrien Simon and Charlotte Buxtorf.

Involved fees earner: Charlotte Buxtorf – Bredin Prat; Adrien Simon – Bredin Prat; Etienne Bimbeau – Dechert; Sabina Comis – Dechert; Benhouda Derradji – Dechert; François Hellot – Dechert; Magali Buchert – Gide Loyrette Nouel; Sarah Doray – Gide Loyrette Nouel; Paul Jourdan-Nayrac – Gide Loyrette Nouel; David-James Sebag – Gide Loyrette Nouel;

Law Firms: Bredin Prat; Dechert; Gide Loyrette Nouel;

Clients: Karista SAS; Kima Ventures; NovX Capital; Qorvo Inc; Simon Tchedikian; Xerys Gestion SAS;

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Author: Andrea Canobbio