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DLA Piper Advises Taxiaggregator on Sale to Qiwi

DLA Piper Advises Taxiaggregator on Sale to Qiwi

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DLA Piper has advised Taxiaggregator and its founder on the sale of the company to Qiwi. Squire Patton Boggs reportedly advised Qiwi on the deal.

Taxiaggregator is a Russian software-as-a-service platform that provides payment solutions and data analytics tools for taxi companies and taxi drivers. Qiwi is a provider of payment and financial services in Russia and other CIS countries.

According to DLA Piper, “the transaction falls within Qiwi’s strategy to further develop its value proposition in the payment segment for self-employed persons and to create a full-cycle taxi ecosystem.”

“I’m excited to become a part of the Qiwi team and to lead the project to new heights,” founder and CEO of Taxiaggregator Alexander Merzlikin commented. “The market is far from saturation and there are plenty of opportunities to make our unique offering even better. Favorable market tailwinds, our expertise, and infrastructure allow us to set ambitious goals. It is extremely important to have such a prerequisite and the client orientation we share with Qiwi, in order to multiply the business several times.”

DLA Piper’s team included Moscow-based Partner Leo Batalov, Legal Director Andrei Sheetkin, Associate Maria Sarycheva, and Paralegal Alexandra Khvorostyanova and St. Petersburg-based Legal Director Roman Golovatsky and Associate Igor Matveyev.

Russian Knowledge Partner

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated offices in the UK, the USA and Cyprus.

We handle some of the largest and most complex and demanding transactions. We advise our clients in many areas of law, including: dispute resolution in Russia and abroad, International Arbitration and Litigation, M&A and Corporate, antitrust issues, criminal law, intellectual property, restructurings and insolvencies, international trade and customs, tax, real estate and construction, banking and finance, energy and natural resources, environmental and technical regulation, marine and transport law, pharmaceuticals and healthcare and others.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys, providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru


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