Noerr advises Linio on €50m funding
Noerr has advised Linio Holding comprehensively on a Series D financing round for €50 million. The financing round was led by Mexican investors LIV Capital and Northgate together with Swedish investor Kinnevik.
Launched in 2012, Linio has become the leading e-commerce platform in Latin America with operations in Mexico, Columbia, Argentina, Chile, Peru, Panama, Venezuela and Ecuador. As the promoter of B2C e-commerce in Latin America, Linio today operates the largest marketplace platform in the region, offering more than six million products across 60 categories via fast-growing network of over 27,000 professional sellers. The new capital will strengthen the platform’s outstanding position and allow further growth.
Linio once again relied on the advice of a Noerr team lead by Prof. Dr. Christian Pleister and Dr. Laurenz Tholen for this transaction. Noerr had already advised Linio on the last funding round in November 2015.
Advisors to Linio: Noerr LLP
Prof. Dr. Christian Pleister (Frankfurt/Berlin), Dr. Laurenz Tholen, Dr. Anna Olbrys-Sobieszuk, Eva Loef, Dr. Roland Kühne, Michael Sturm (all Corporate, Berlin)