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Latham & Watkins advises unicorn investor Dragoneer on France’s largest independent e-commerce site ManoMano's US$355 million fundraising

07/07/2021
The transaction is one of the largest equity financings in Europe in 2021.

The ManoMano group, a leading e-commerce platform for DIY, home and garden products, has announced the completion of a new US$355 million investment round led by Dragoneer Investment Group, alongside its historical shareholders including Temasek, General Atlantic, Eurazeo, Bpifrance, and Kismet. The online DIY specialist is valued at 2.6 billion dollars in this transaction.

Latham & Watkins is advising Dragoneer in the transaction with a Paris corporate team led by partner Pierre-Louis Clero with associates Xavier Nassoy and Lucile Bernet. Advice is also being provided on capital markets matters by Paris partner Roberto Reyes Gaskin. The US aspects of the transaction were led by transactional partners Haim Zaltzman and Kristen Grannis and senior associate Jana Kovich, and capital markets partner Roderick Branch.

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