news

Allen & Gledhill has advised venture capital firm Insight Partners and U.S. private equity firm Smash Capital in their investment into Singaporean digital content monetisation platform Coda Payments.

Coda raised $690 million from Insight Partners, Smash Capital, and Singapore sovereign wealth fund GIC. According to Reuters, the firm plans to use the funds to expand to more territories through cross-border payments and alternative app stores.

The A&G team advising Smash Capital was led by partners Sunit Chhabra, Adrian Ang and Nicholas Soh. Meanwhile, the team representing Insight Partners was led led by partners Julian Ho, Alexander Yap, Tan Zhi Feng, Lim Pek Bur, Elsa Chen and Tan Wee Meng.

Also advising Insight Partners were A&G network firms Rahmat Lim & Partners in Malaysia and Soemadipradja & Taher in Indonesia. The Rahmat Lim team was headed by partners Chen Lee Won and Lum Sher Vin, while the Soemadipradja team was led by partner Denia Isetianti.

TO CONTACT EDITORIAL TEAM, PLEASE EMAIL ALBEDITOR@THOMSONREUTERS.COM

Related Articles

Features

Q&A: ‘We have long seen the importance of having on-the-ground legal experts’

by Sarah Wong |

Over the past few months, Singapore’s Allen & Gledhill has declared its intention to keep expanding regionally through the opening of a rep office in Shanghai and the launch of a new alliance in Indonesia.

Deals

Milbank, A&G advise Philippines’ Hotel101 Global on $2.3 bln SPAC merger

by Sarah Wong |

U.S. law firm Milbank and Singapore’s Allen & Gledhill have advised Hotel101 Global, the hotel arm of Philippines-listed real estate firm DoubleDragon, on its $2.3 billion proposed Nasdaq listing through a SPAC merger.

Deals

Cleary, A&G advise Japan’s Mitsui on $360 mln Ecuador shrimp deal

by Sarah Wong |

U.S. law firm Cleary Gottlieb Steen & Hamilton, Singapore’s Allen & Gledhill and two Ecuadorian firms have advised Japanese trading house Mitsui & Co on its $360 million investment in an Ecuadoran shrimp farming company.