Dock’s $110 Million Investment Round

Simpson Thacher represented Dock Ltd on the deal.

Dock Ltd has completed its $110 million equity investment round led by Lightrock and Silver Lake Waterman, with additional participation from current shareholders Riverwood Capital, Viking Global Investors and Advent International’s affiliate, Sunley House Capital.

Dock is the leading card-issuing and banking-as-a-service software platform in Latin America. Dock currently powers a broad and diverse customer base of fintechs, retailers, banks and technology companies to offer digital account and card programs with more than 41 million active accounts.

The Simpson Thacher team included Grenfel S. Calheiros (Picture), S. Todd Crider, Luiz Noronha and Fernando John Friedmann Junior (M&A); and Andrew B. Purcell, Matthew Lester and Jacqueline Clinton (Tax).

Involved fees earner: Grenfel Calheiros – Simpson Thacher & Bartlett; Jacqueline Clinton – Simpson Thacher & Bartlett; Todd Crider – Simpson Thacher & Bartlett; Matthew Lester – Simpson Thacher & Bartlett; Luiz Noronha – Simpson Thacher & Bartlett; Andrew Purcell – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Dock;

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Author: Youness Semri