Freshfields advises SumUp on proposed acquisition of Tiller Systems
Freshfields Bruckhaus Deringer is advising SumUp, the global mobile payment services provider, on its proposed acquisition of Tiller Systems, a leading European digital service provider for gastronomy merchants. Based in Paris, Tiller Systems develops cloud-based point-of-sale (POS) systems for restaurants and retailers in France, Spain and Italy.
SumUp is the leading mobile point-of-sale company in Europe, serving over two million businesses in 31 countries including Germany, the U.S. and Brazil.
Completion of the acquisition is subject to customary closing conditions. A multi-jurisdictional Freshfields team based across Germany, France, Italy and Spain is advising SumUp on all legal aspects of this transaction. The team is being led by Lars Meyer (Frankfurt & Berlin) and Guillemette Burgala (Paris) together with Laura Frühauf (Berlin) and Cyril Courbon (Paris; all Corporate) and includes Vincent Daniel-Mayeur and Thomas Metayer (both Tax; Paris); Gwen Senlanne (Paris), Thomas Granetzny and Judith Römer (both Düsseldorf; all People&Reward); Theresa Ehlen and Philipp Lehmann (all IP and Data); Marc Perrone and Pierre Vibert (both Finance, Paris); Frank Röhling, Uwe Salaschek, Mathilde Beaumunier (Berlin), Ermelinda Spinelli (Milan), Javier Fernandez (Madrid) and Filomena Crispino (Rome; all Competition).