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August Debouzy assists Tiger Global Management as part of his minority investment in the capital of Vestiaire Collective
Communiqué | 06/04/21 | 2 min. | Julien Wagmann Maxime Legourd Sophie Faulcon Marie Danis Marie Valentini Laura Bol Alexandre Mennucci Philippe Lorentz Elie Bétard Diane Reboursier Aurélien Micheli Franck Gapenne Cen Zhang
August Debouzy assisted Tiger Global Management, US investment fund active in the medical field of new technologies, as part of its minority investment in the capital of Vestiaire Collective, the world’s first platform specializing in high-end second-hand clothing.
Tiger Global Management participated, alongside the French luxury group Kering and the historic shareholders of Vestiaire Collective in a fundraising totaling 178 millions of euros ($216 millions of dollars) conducted by the e-commerce site, thus allowing it to benefit from the status of “Licorne”. Tiger Global Management’s participation in the capital of Vestiaire Collective will accelerate the process of conquering the American market in which the French company is already present.
Since the recent item sector is expected to grow sharply, the fundraising will also allow Vestiaire Collective to accelerate its development in strategic innovation and data science.
Legal advices:
August Debouzy acted as a consultant to Tiger Global Investment.
August Debouzy Team was composed of:
-In corporate: Julien Aucomte, Partner, Maxime Legourd, Lawyer, and Sophie Faulcon, Lawyer
- In litigation: Marie Danis, Partner, Marie Valentini, Consuel, Laura Bol, Lawyer, and Alexandre Mennucci, Lawyer
- In tax law: Philippe Lorentz, Partner, Elie Bétard, Senior Lawyer, and Franck Gapenne, Lawyer
- In social law: Diane Reboursier, Consuel
- In contracts: Aurélien Micheli, Lawyer
- In IP/IT Data: Cen Zhang, Lawyer
Gunderson Dettmer, an international firm, also assisted Tiger Global Management on U.S rights aspects.
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About Tiger Global Management
Created in 2001, Tiger Global Management, is an American investment fund particularly active in the field of new technologies, software, consumption, and payment methods. Tiger Global Management is based in New York and has affiliated offices in Hong Kong, Beijing and Singapore, among others.