Schoenherr has advised RegTech start-up 360kompany AG and its shareholders on the sale to Moody’s Corporation.
360kompany AG is a RegTech platform for global business verification and business KYC for AML compliance. According to Schoenherr, 360komany’s clients include “global and international banking groups, FinTechs, Big Four accounting firms, law firms, Banking-as-a-Service and compliance platforms, and multinational corporations. 360kompany AG is headquartered in Vienna, Austria, with offices in London, New York, and Singapore.”
Moody’s is an integrated risk assessment firm providing data, analytical solutions, and insights.
According to Schoenherr, “the purchase price will be funded with a combination of cash and shares from Moody’s Corporation's common stock, and the deal value remains confidential. The transaction is subject to the satisfaction of customary closing conditions and expected to close in the first quarter of 2022.”
Schoenherr’s team included Partner Robert Bachner, Attorney Alfred Amann, and Associate Daniel Wadl.
Schoenherr did not reply to our inquiry on the matter.
