Fladgate acts on sale of iZettle to PayPal for $2.2 billion

Our team: Yulia Leyko, Graham Spitz

Fladgate LLP is pleased to have acted for the lead group of financial investors (comprising Zouk Capital, Index Ventures, 83North, Creandum and Northzone) on the sale of their entire interest in iZettle to PayPal Holdings; subject to regulatory approval. The total deal value was $2.2B.

Nathan Medlock, Partner at Zouk Capital commented: “We are grateful to Graham and Yulia for their hard work and valued advice and support. We always enjoy working with them. We were all very impressed by their diligence in helping us to conclude this transaction.”

The Fladgate team was led by corporate partner Graham Spitz, assisted by corporate senior associate Yulia Leyko.

Commenting on the transaction, Graham said: “We were delighted to be involved in this high profile transaction and it is a testament to the growing quality of our M&A and private equity capabilities.”

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