Garrigues advises Feedzai on US$75M deal
Garrigues has provided legal advice to Feedzai, a Portuguese “unicorn” in the prevention of financial crime, in the investment round that allowed the company to double its valuation to US$2 billion. The US$75 million transaction saw the entry of new institutional investors, including Lince Capital, Iberis Capital and Explorer Investments, as well as additional participation from shareholders Oxy Capital and Buenavista Equity Partners.
The Garrigues team responsible for legal advice was led by partner Mário Lino Dias (pictured), and included senior associates José de Seabra Marcão and Inês Freire de Andrade. The operation follows the acquisition of Demyst by Feedzai in April this year, which was legally advised by the same team.