RELEX Solutions’ €500 Million Funding

In UK Wilson Sonsini Goodrich & Rosati, advised on the matter.

Castrén & Snellman advised Blackstone Growth (BXG) with a team including

Krogerus Attorneys Ltd advised RELEX with a team including

Wilson Sonsini Goodrich & Rosati advised Blackstone Growth (BXG) with a team including Daniel Glazer (Picture – Corporate M&A).

RELEX Solutions, a provider of unified retail planning solutions, announced the successful closure of a €500 million funding round led by funds managed by Blackstone Growth (Blackstone’s growth equity investing business).

The RELEX Living Retail Platform uses AI-driven demand forecasts to automate smarter, data-based decisions across core processes in stores and distribution and fulfillment centers, from allocations and replenishment to planograms and workforce planning. Following the funding round, RELEX Solutions will hire hundreds of developers and experts to grow its technical team that currently stands at over 400 people strong. RELEX Solutions has previously raised over €200M in funding. This announcement is the largest funding round ever raised by a Finnish growth company.

The Wilson Sonsini team included: Dan Glazer (Picture), Michael Labriola, Bradley Doline, Esther Lukman, Anthony Malone, David Patterson, Jennifer Sawicki, Jan Dhont, Carol Evrard, Kristin Bradley, Beau Buffier, Matthew Norgard, Jason Chan, Marina Tsatalis, Alison Renner, Heather Diles and Martin Sul.

The Krogerus team was led by Partner Mika Ståhlberg and he was mainly assisted by Senior Associate Antti Luhtala and Associates Andreas Brink, Nora Hamed and Ari Natunen. Partner Samu Lassila advised on the tax aspects of the investment and he was primarily assisted by Senior Associate Vilma Piipponen.

The Castrén & Snellman team included Karlo Siirala, Benjamin Bade, Sampsa Purojärvi, Rosa Tuominen, Noora Rissanen, Samuli Salminen, Veera Ylitalo, Vesa Rasinaho, Mikko Alakare and Mikko Alakare.

Involved fees earner: Mikko Alakare – Castrén & Snellman; Lotta Manu – Castrén & Snellman; Sampsa Purojärvi – Castrén & Snellman; Vesa Rasinaho – Castrén & Snellman; Noora Rissanen – Castrén & Snellman; Samuli Salminen – Castrén & Snellman; Karlo Siirala – Castrén & Snellman; Rosa Tuominen – Castrén & Snellman; Veera Ylitalo – Castrén & Snellman; Andreas Brink – Krogerus Attorneys Ltd; Nora Hamed – Krogerus Attorneys Ltd; Samu Lassila – Krogerus Attorneys Ltd; Antti Luhtala – Krogerus Attorneys Ltd; Ari Natunen – Krogerus Attorneys Ltd; Vilma Piipponen – Krogerus Attorneys Ltd; Mika Ståhlberg – Krogerus Attorneys Ltd; Kristin Bradley – Wilson Sonsini Goodrich & Rosati; Beau Buffier – Wilson Sonsini Goodrich & Rosati; Jason Chan – Wilson Sonsini Goodrich & Rosati; Jan Dhont – Wilson Sonsini Goodrich & Rosati; Heather Diles – Wilson Sonsini Goodrich & Rosati; Bradley Doline – Wilson Sonsini Goodrich & Rosati; Carol Evrard – Wilson Sonsini Goodrich & Rosati; Daniel Glazer – Wilson Sonsini Goodrich & Rosati; Michael Labriola – Wilson Sonsini Goodrich & Rosati; Esther Lukman – Wilson Sonsini Goodrich & Rosati; Anthony Malone – Wilson Sonsini Goodrich & Rosati; Matthew Norgard – Wilson Sonsini Goodrich & Rosati; Alison Renner – Wilson Sonsini Goodrich & Rosati; Martin Sul – Wilson Sonsini Goodrich & Rosati; Marina Tsatalis – Wilson Sonsini Goodrich & Rosati;

Law Firms: Castrén & Snellman; Krogerus Attorneys Ltd; Wilson Sonsini Goodrich & Rosati;

Clients: Blackstone Growth (BXG); RELEX;

Author: Giulia Di Palma