September 15, 2021
Watkins advised L Catterton, the largest global consumer-focused private equity
firm, on its significant strategic investment in Sendcloud’s US$177 million
Series C financing. The round was led by Softbank through its Vision Fund 2,
with HPE Growth also participating.
Founded in the
Netherlands in 2012, Sendcloud has quickly become one of the fastest growing
scale-ups and leading shipping solutions in Europe, with more than 23,000
customers across the UK, France, Germany, Spain, Italy, Belgium, Austria, and
the Netherlands. Sendcloud helps online businesses fully optimize their
shipping process while delivering a superior end-shopper experience.
The Latham team was
led by London corporate partner Mike Turner, with associate Becky Eaton.