DLA Piper advises team.blue on the acquisition of Billdu
DLA Piper has advised team.blue on the acquisition of Billdu, which provides app-based digital invoicing solutions for small businesses, serving over 200,000 customers across the globe. This transaction further strengthens team.blue’s Software as a Service-offering and aligns with its ambition of becoming the preferred one-stop digital provider of European small and medium-sized businesses.
Billdu is based in Slovakia and was initially created to empower small business owners to create and send invoices effortlessly via a mobile phone. Over time, Billdu has become a suite of sophisticated and easy-to-use tools that allow customers to do business online efficiently.
team.blue is made up of more than 40 brands which serve more than 2.5 million customers. The company is a one-stop partner for web hosting, domains, e-commerce, online compliance, lead generation and application solutions with the aim to shape technology and provide customers with innovative online products and services.Client Partner Dr. Nils Krause comments: “This deal for our client team.blue again showcases our seamless advice across Europe with the involvement of our teams in Germany, UK and Slovakia.”
The DLA Piper team was led by partner Dr Nils Krause and senior associate Dan Li (both Corporate/M&A, Hamburg). The team in Germany also included partners Semin O (Antitrust, Frankfurt), Dr Burkhard Führmeyer, counsel Miray Kavruk (both IP, Frankfurt), Till Burmeister (Private Equity/M&A, Hamburg), as well as associates Dr Anna Rogler (IP), Caroline Huber (Antitrust, both Frankfurt) and Marc Großmann (Corporate/M&A, Hamburg).
In addition, a team from DLA Piper’s Manchester office led by partner Yunus Maka and associate James Robinson as well as from Bratislava led by partner Michaela Stessl, counsel Daniela Koncierova, senior associate Andrej Liska and junior associate Orsolya Sara Palasti were involved.