A&O Shearman Advised Bending Spoons In Strategic Acquisition Of WeTransfer

A&O Shearman Advised Bending Spoons In Strategic Acquisition Of WeTransfer

A&O Shearman has advised technology company Bending Spoons on its acquisition of WeTransfer, the well-known Dutch digital file-sharing and collaboration platform.

WeTransfer, founded in the Netherlands by Bas Beerens, Nalden, and Damian Bradfield, is backed by Highland Capital Partners and HPE Growth.

The acquisition, led by COO/CFO Melissa Nussbaum alongside the CEO, follows a period of accelerated growth for WeTransfer, driven by strategic product development. The platform now serves over 600,000 subscribers and 80 million monthly active users.

Bending Spoons, known for its suite of digital technology products including Evernote, Meetup, Remini, StreamYard, and Splice, has reached one billion users globally. Its products are currently utilized by more than 200 million people each month.

The A&O Shearman team provided legal advice on the cross-border acquisition with a multi-department approach. The team was led by Partners Gijs Linse and Emanuele Trucco, supported by Associates Ashton Pyke, Lousine Hovhanisian, and Niki van Douwe in Amsterdam, and Associate Enrico Roveda in Milan.

Additional A&O Shearman contributions included Partner Hanneke Bennaars, and Associates Barbara Rip and Kevin van Stiphout handling Dutch law employment aspects.

Associate Daisy Cutler managing English law employment matters.

Partner Aroen Kuitenbrouwer and Associate Mercedeh Naseri addressing financing issues.

Partner Kees Schillemans, Senior Associate Jochem de Kok, and Associates Eline Vancraybex and Aranka van der Pol focusing on antitrust aspects.

Associate Doris Ceoromila handling tax-related matters.

Banco BPM, BNP Paribas/BNL, and Intesa Sanpaolo served as Global Coordinators, Mandated Lead Arrangers, Bookrunners, Underwriters, and Lenders. They also acted as Financial Advisors, with Intesa Sanpaolo serving as Facility Agent and Security Agent.