Maples and Calder, the Maples Group's law firm, has announced it advised Creditsafe Group on the acquisition of the business information unit and its total assets, including operational activities, customers and data of Editus Luxembourg SA.
The transaction closed on 31 December 2023.
Creditsafe is a global business intelligence expert, specialising in business credit checking and business-to-business ("B2B") solutions. It is a widely used provider of company credit information, company data and credit reports worldwide. Both Editus and Creditsafe focus on providing customer-focused information solutions aiming to accelerate their customers' long-term growth and economic stability.
A team based in the Maples Group's Luxembourg office acted as Luxembourg counsel to Creditsafe assisting with legal matters regarding the negotiation of the agreement. The team was led by Luxembourg Corporate Partner, Baptiste Aubry, with assistance from Corporate Associate, Timothée Gras.
Commenting on the transaction, Baptiste Aubry, head of the firm's Luxembourg Corporate practice said: "We are proud to have assisted Creditsafe in this remarkable transaction. Creditsafe has been our client for a number of years, and we have supported them on all their Luxembourg corporate and commercial legal matters. The acquisition of the business information unit of Editus strengthens Creditsafe position as a global leader in business intelligence."
Maples and Calder Luxembourg SARL provides full-service legal advice on matters in the Grand Duchy and has dedicated practices in Corporate, Finance, Funds & Investment Management and Tax. The Maples Group also provides fund and fiduciary services from Luxembourg and it has broad combined international capabilities, along with an ability to advise on multi-jurisdictional transactions.