K&L Gates with Zeal Network on SevenCanyon acquisition
K&L Gates advised Zeal Network on its acquisition of UK-based SevenCanyon Limited, including the related acquisition financing.
SevenCanyon operates several British prize competition platforms, including 7days Performance, Redline Competitions, and UK Carp Competitions.
The K&L Gates team
K&L Gates advised on all aspects of the transaction with integrated teams in London and Frankfurt, including on a EUR 40 million acquisition financing provided by Deutsche Bank.
The transaction was jointly led by Frankfurt partner Boris Kläsener and London partner John Elgar. They were supported by London partners Richard Dollimore, Giles Bavister and Richard Hardwick, Frankfurt partner Matthias Grund, Frankfurt senior associate Marlena Bitner, London senior associate Emma Cooper, London associates Eklavya Sharma, Courtney Hunter, Amelia MacHugh and Ayesha Gill, as well as trainee solicitor Alice MacHenry. Lawyers from the firm’s Dubai and Melbourne offices also advised on the transaction.
