Smash Capital and Insight Partners’ $690 Million Acquisition of Coda Payments

Allen & Gledhill worked closely with its associate firm in Malaysia, Rahmat Lim & Partners, and its network firm in Indonesia, Soemadipradja & Taher, to advise Smash Capital and Insight Partners. Orrick also represented Smash Capital, while Willkie advised Insight Partners.

Smash Capital and Insight Partners, joined by Singapore’s sovereign wealth fund GIC, announced US$690 million investment in Coda Payments, a digital content monetisation platform based in Singapore.

Smash Capital is a later-stage investment firm which is focused on high growth consumer internet, software, and technology companies.

Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries.

The Allen & Gledhill team advising Smash Capital consisted of Sunit Chhabra, Adrian Ang and Nicholas Soh. 

The Allen & Gledhill team advising Insight Partners as Singapore counsel comprised of Julian Ho, Alexander Yap, Tan Zhi Feng, Lim Pek Bur, Elsa Chen and Tan Wee Meng. 

Advising Insight Partners on Malaysian law issues were Rahmat Lim & Partners Partners Chen Lee Won and Lum Sher Vin.

Advising Insight Partners on Indonesian law issues was Soemadipradja & Taher Partner Denia Isetianti.

The Orrick team included Tony Chan and Jim Bishop.

The Willkie team was led by partner Matthew Guercio and included associates Tai Fukumoto and Matthew Williams, and law clerk Ryan Chambers.

Involved fees earner: Adrian Ang – Allen & Gledhill LLP; Elsa Chen – Allen & Gledhill LLP; Sunit Chhabra – Allen & Gledhill LLP; Julian Ho – Allen & Gledhill LLP; Lim Pek Bur – Allen & Gledhill LLP; Nicholas Soh – Allen & Gledhill LLP; Zhi Feng Tan – Allen & Gledhill LLP; Tan Wee Meng – Allen & Gledhill LLP; Alexander Yap – Allen & Gledhill LLP; Jim Bishop – Orrick Herrington & Sutcliffe LLP; Tony Chan – Orrick Herrington & Sutcliffe LLP; Chen Lee Won – Rahmat Lim & Partners; Lum Sher Vin – Rahmat Lim & Partners; Tai Fukumoto – Willkie Farr & Gallagher; Matthew Guercio – Willkie Farr & Gallagher; Matthew Williams – Willkie Farr & Gallagher;

Law Firms: Allen & Gledhill LLP; Orrick Herrington & Sutcliffe LLP; Rahmat Lim & Partners; Willkie Farr & Gallagher;

Clients: Insight Partners; Smash Capital ;

Sonia Carcano

Author: Sonia Carcano