Chapman and Cutler LLP served as US legal counsel to Austrian technology company PSPDFKit in the company’s first growth investment.
PSPDFKit is a Vienna-based technology company that provides software employed by thousands of companies, organizations, governments, and developers to power document processing and productivity tools, serving nearly one billion end-users in over 150 countries. The company announced a more than €100 million growth investment from US investor Insight Partners, a global venture capital and private equity firm, on October 1, 2021. The transaction is subject to regulatory approvals and other customary conditions to closing and is expected to be completed in Q4 2021.
“We were delighted to serve PSPDFKit in leading this transaction and in coordinating and collaborating with the incredible legal team put together for this transaction,” said Chapman partner, Charles Calloway.
“Chapman has been an integral legal partner from the very beginning of this process, since we received the letter of intent,” said Jonathan Rhyne, Co-Founder and CEO of PSPDFKit. “We are appreciative of the counsel Charles and the Chapman legal team continue to provide and the work that went into moving this deal forward for regulatory approval.”
Chapman’s deal team was led by Charles Calloway (Partner, Corporate Finance) and Bob Criswell (Partner, Corporate and Securities), and included Paul Carman (Partner, Tax), John Martin (Partner, Corporate and Securities), Myles O’Kelly (Associate, Corporate and Securities), Gary Polega (Partner, Corporate and Securities), and Michael Reed (Partner, Corporate and Securities).