21
Sat, Dec
127 New Articles

Sorainen, DLA Piper, and Aleinikov & Partners Advise on 2GIS's Acquisition of Stake in Data Delivery

Sorainen, DLA Piper, and Aleinikov & Partners Advise on 2GIS's Acquisition of Stake in Data Delivery

Deals and Cases
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Sorainen has advised Data Delivery LLC, the Belarusian developer of a platform for managing the online status and business reputation of RocketData.io, in connection with share acquisitions and further investment in the company by mapping service 2GIS, which is part of the Sber group. DLA Piper Moscow and Aleinikov & Partners in Minsk advised 2GIS on the deal.

2GIS plans to increase its stake in Rocketdata to 88% in the second half of 2021, once the necessary regulatory approvals are received. The founders of Data Delivery – Darya Danilova, Fedor Zubrytski, Alexey Kudelka and Evgeni Ozhehkovski – will continue to develop the RocketData.io platform and upon completion of all stages of the deal will retain 12% of the company.

Data Delivery was established in 2017 and is currently a resident of Belarus's Hi-Tech Park. In 2018 the company attracted investments from RBF Ventures, as well as from six business angels and the TUT.by media portal.

According to the company, the new round of investments received from 2GIS will be put into launching new products – in particular, in creating a unified personal account for launching advertising campaigns via geo-services and social networks using geo-targeting, analyses of local searches and other services.

Sorainen's team was led by Senior Associate Viktoryia Mikhnevich and included Partner Maksim Salahub and Associate Aliaksei Vashkevich.

DLA Piper's team was led by Partner Leo Batalov and included Legal Directors Andrei Sheetkin and Alexei Kolesnikov and Associates Alexandra Braterskaya, Konstantin Savryga, and Nino Galdav.