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DLA Piper and BCLP Advise on Borzo Investment Round

DLA Piper and BCLP Advise on Borzo Investment Round

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DLA Piper has advised Borzo on its USD 35 million Series C investment round. Bryan Cave Leighton Paisner advised one of the investors in the round – Emirati investment company Mubadala.

According to DLA Piper, the round saw, aside from Mubadala, Swedish investment company VNV Global, the Russian Direct Investment Fund, and other investors invest in the company. The new funds will be used to support a global rebranding campaign as well as foster further product development.

Borzo, formerly known as Dostavista, is a global crowdsourced same-day delivery marketplace. Founded in 2012, it enables intracity same-day delivery of parcels of any weight and size. The company has a customer base of 2 million users, with 75% being small and medium-sized businesses, according to DLA Piper.

The DLA Piper team was led by Partner Leo Batalov, assisted by Legal Director Andrei Sheetkin and Associate Alexandra Braterskaya.

The BCLP team was led by Partner Anton Panchenkov and Counsel Alexey Koshelev.

DLA Piper at a Glance

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, helping clients with their legal needs around the world. We strive to be the leading global full-service law firm by delivering quality and value to our clients. With practical and innovative legal solutions, we help our clients succeed.

In Central and Eastern Europe (CEE), DLA Piper continues to grow and now employs more than 320 lawyers, including 46 partners across its six offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. With our global set-up and established relationship firms across all other CEE jurisdictions, we are among the largest and most experienced international law firms in the region. Through our experience gained advising on a variety of high-profile projects and the long-term relationships we have established with our clients, we have built a reputation as a leading business law firm across CEE.

Firm's website.