McDermott advises Verdane on majority stake in Cropster
Munich — Verdane, an investment company specializing in growth capital, is acquiring a majority stake in the software company Cropster. Verdane will support Cropster on its further growth path. Cropster offers software solutions for use throughout the coffee value chain, from producers, buyers and roasters to wholesalers and retailers. Since the company was founded in 2008, Cropster has steadily expanded its global presence and now works with leading coffee companies in over 100 countries. Verdane’s funds have capital commitments of more than 7.7 billion euros. Since 2003, the company with offices in Berlin, Munich, Copenhagen, Helsinki, London, Oslo and Stockholm has invested in over 400 fast-growing companies. The investment in Cropster is the eleventh in the DACH region in the last 12 months and the fourth transaction in Austria. Advisor Verdane: McDermott Will & Emery Hanno M. Witt, LL.M., Foto (Private Equity, Munich, lead), John Zukin (Private Equity, Chicago), Dr. Florian Schiefer, Marcus Fischer (Counsel; both Tax, Frankfurt), Raminta Dereskeviciute (International Trade, London), Nicolette Kost De Sèvres (Regulatory, Paris/Washington, DC), Amy C. Pimentel (Data Protection, Boston), Dr. Felix Ganzer (Private Equity, Frankfurt); Associates: Nicole Kaps, Marion Dalvai-König (both Private Equity, Munich), Eleanor B. Atkins (IP, Washington, DC), Michal Chajdukowski (International Trade, London), Erin Kansy (Transactional, Los Angeles), Stavroula Nikolaidou (Regulatory, Paris), Riley O’Farrell (Transactional, Chicago), Melis Solaksubasi (Employment, Chicago).
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