Advised Mubadala Investment Company and its co-investor, a large investment fund, on the USD 21 m venture investment in Dostavista Group. The total volume of the C investment round, in which BCLP clients participated, was USD 35 m, making it one of the most highly regarded transactions in 2021 for the Russia-related VC market.
Advised Irrico Limited (joint venture set up by VTB Capital and CEECAT Capital) on sale of an agricultural holding company engaged in intensive crop and vegetable farming in the south of Russia.
Advised Sberbank Investments and Russia-China Investment Fund on a RUB 1.6 bn investment structured as a syndicated venture loan in Eruditor Group holding, owner of the leading Russian professional services marketplace Profi and Zoon information service.
Advised GetCourse online educational platform and its founder and CEO on a USD 50 m private equity deal with Goldman Sachs, Winter Capital Partners and Baring Vostok Capital Partners funds.
Advised Sberbank on the sale of debt and equity in Eurocement Group, following electronic auction, to the winning bidder – Mikhaylovsky Construction Materials Plant – for an aggregate consideration of RUB 161 bn (circa $2.16 bn).
Advised Sberbank on selling 84.2% of the shares in JSC Akhangarancement, which were pledged to Sberbank, as part of a global arrangement for settling the debts of Eurocement Group. This has been the biggest deal on the National Stock Exchange in Tashkent in recent years. Akhangarancement is the second biggest cement producer in Uzbekistan.
Advised 12 STOREEZ and the founders of this Russian apparel brand on the private equity deal with Baring Vostok Capital Partners Fund.
Advised MTT Group on selling 100% of the shares in MTT, one of the top-10 biggest telecom companies in Russia and a leading provider of intelligent connectivity solutions for businesses, to Mobile TeleSystems PJSC. This asset was purchased for RUB 5 bn.
BCLP Russia advised Vezet Group on sale of its call centres and cargo business to MLU B.V., ride-sharing and food delivery joint venture of Yandex N.V. (NASDAQ and MOEX: YNDX) and Uber International C.V., for a purchase price of up to $178 million.
Advising minority shareholders in Alium Group on (i) a shareholder deal with AFK Sistema, VTB Group and the Russia-China Investment Fund to create Binnopharm Group, one of Russia’s biggest pharmaceutical producers (consisting of Alium, Binnopharm and Sintez), and (ii) execution of a put option and sale of shares to a subsidiary of AFK Sistema (LSE: SSA, MOEX: AFKS).
Advised Sberbank Investments on acquiring 50% in Mayak and Prima building a five-star hotel and deluxe apartments at the Fairmont & Vesper residential complex and the premium-class Lucky Residential Quarter. Both projects are being developed by Vesper, which specialises in high-end residential property construction and has a corporate portfolio of 15 bespoke residences in Moscow and Europe.
Advised HeadHunter Group on acquiring the Zarplata.ru job classifieds platform from Hearst Shkulev (a joint venture of the US Hearst media conglomerate). Zarplata.ru is a major player on the Russian job classifieds market, holding leading positions in the Russian regions of the Urals and Siberia. This is the third and biggest acquisition by the Headhunter Group in the last few years.
Advised Mubadala Investment Company, a consortium of investors with various interests, on an investment in MEL Science UK EdTech platform. This London-based company has raised USD 14 m in Series B funding from investors to support expansion of its subscription-based science education business.
Advised PJSC RusHydro on sale of its 90% shareholding in JSC International Energy Corporation (MEK), owner of the Sevan–Hrazdan HPP Cascade in Armenia. The deal was structured under an SPA between JSC Hydroinvest, a RusHydro subsidiary (the seller), and OJSC Hrazdan Power Company (Tashir Group) (the buyer).
Acting as a legal consultant in Russia for Kopy Goldfields AB (publ) in connection with its acquisition of 100% of the shares in Amur Gold Company Limited, a medium-sized gold producing company based in Russia, through a reverse takeover.
Advising Gazpromneft-Snabzhenie LLC on launching JV to develop the first integrated platform for supply chain management in Russia.
Advising Gazprom Neft on launching JV with ZYFRA to develop oil and gas digital industrial platform and promoting new process solutions.