Dechert Advises Global Stock Photography Marketplace EyeEm Group on its Sale to Swiss Investment Company New Value AG
July 14, 2021
Dechert LLP advised Berlin-based EyeEm Group, a global marketplace for premium stock photography and professional photo and video productions, on the sale of 100% of its shares to New Value AG, a public investment company listed on the SIX Swiss Exchange with a specific remit to acquire participations in leading companies with digital business models, including digital content and community platforms in the rapidly emerging ‘Creator Economy’ sector.
The AI powered platform of EyeEm Group allows brands to find the perfect visual from its bank of millions of commercial images that is fueled by one of the largest photography communities in the world. EyeEm was founded in 2011 and has offices in Berlin and New York. New Value AG acquires EyeEm in cash and via the issuance of New Value shares through a capital increase.
The Dechert team advising on this exit was led by Munich corporate partner Giovanni Russo, with support from corporate associates Christian Böhme and Florian Leitsbach. The team previously advised EyeEm Group on various financing rounds, and a cross-border merger.
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Dechert is a leading global law firm with 23 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.
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