Leading international law firm Proskauer today announced that it advised PSG Equity on the sale of N2F to FTV Capital; as well as its founder and management on their reinvestment into N2F along with FTV Capital.
PSG is a growth equity firm that partners with software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities, and build strong teams, while FTV Capital is a sector-focused growth equity firm with a strong track record of investing in high-growth enterprise and financial technology companies. N2F is a fully connected (mobile and web-app) cloud-based ecosystem available on both mobile and web platforms that digitizes the entire professional expense and accounts payable process.
FTV Capital’s investment will further accelerate the development of N2F’s product suite, building on the momentum and strong adoption of N2F’s recently launched accounts payable and cards offerings. It will also accelerate the company’s international go-to-market efforts, particularly in the DACH region, Italy, Iberia, and Benelux, where the platform is already fully localized to meet regulatory and operational requirements, and where growing local teams will drive commercial execution and customer success.
The Proskauer team was led from Paris by partner Xavier Norlain and included counsel Laurent Asquin and associates Marine Petot and Mohamed Kettani (M&A/PE); and partner Gwenaël Kropfinger and associate Maxime Dussartre (Tax); and partner Maud Manon and counsel Pierre Tardivo (Global Finance); and London-based Mary Wilks (Antitrust).
About Proskauer
The world’s leading organizations and global players choose Proskauer to represent them when they need it the most. With 800+ lawyers in key financial centers around the world, we are known for our pragmatic and commercial approach. Proskauer is the place to turn when a matter is complex, innovative and game-changing. We work seamlessly across practices, industries and jurisdictions with asset managers, private equity and venture capital firms, Fortune 500 and FTSE companies, major sports leagues, entertainment industry legends and other industry-redefining companies.
Our premier M&A practice is distinguished by the combination of our transactional strength and deep sector knowledge. We are a destination firm for large-cap and middle-market deals with extensive expertise in the structural, cultural and procedural issues that are often at the center of complex, cross-border transactions. From London to New York, Paris to Los Angeles and across the globe, organizations turn to our lawyers for their most significant and transformative transactions. Our multi-disciplinary team offers actionable insights, sophisticated strategies and creative solutions that drive commercial success for our clients.