SVZ ADVISES THE SELLERS AND THE MANAGEMENT OF LIMONETIK ON ITS ACQUISITION BY THUNES
Pierre-Emmanuel Chevalier, corporate partner, Natacha Baratier and Chloé Métivier, corporate associates, Thomas Verdeil, tax partner and Jean Barrouillet, tax associate, advised the sellers and the management of Limonetik on its acquisition by Thunes.
Founded in Paris in 2008, Limonetik’s platform has over 14,000 merchants, marketplaces and fintech players and has processed more than EUR 2 billion a year.
Cross-border payments leader Thunes acquires Limonetik : this acquisition move will complement existing Thunes Cross-Border Payments solutions by enabling businesses to get paid in 70 countries, using over 285 local payment methods such as mobile wallets, payment by instalments (BNPL), QR code payments and more. The solution will be known as Thunes Collections.
Limonetik is one of the earliest developers of an alternative payment methods platform suitable for international merchants and marketplaces. And like Thunes, the firm closely partners with payment service providers and financial institutions. Processing more than EUR 2 billion a year, Limonetik is trusted by over 14,000 merchants, marketplaces and fintech players, including Deliveroo, Uber Eats, Veepee, CMA – CGM, Worldline – Ingenico, ACI, Amadeus and Natixis. Founded in Paris in 2008, Limonetik is led by CEO & co-founder Christophe Bourbier, a multiple-time entrepreneur and payment space expert. Today, Limonetik counts 50 employees who will become Thunesters.
Squire Patton Boggs (Tony Reed, partner and Dan Hasset, associate) advised Thunes.
Pierre-Emmanuel Chevalier, Thomas Verdeil
About Sekri Valentin Zerrouk
Sekri Valentin Zerrouk (SVZ) is an independent firm of more than 50 lawyers that advises multinational companies, leading investment funds, small and medium-sized companies and entrepreneurs on the development of their business activities and on their acquisitions, disposals and restructuring operations in France and abroad.
With more than 400 transactions completed over the last 10 years, Sekri Valentin Zerrouk (SVZ) is today one of the most recognized firms in the transactional field.
The 12 partners are : Franck Sekri, Pierre-Emmanuel Chevalier, Géraud de Franclieu, Emmanuelle Vicidomini, Sylvain Paillotin and Antoine Haï (Mergers & Acquisitions, Private Equity, Financing, Restructuring), Emeline Peltier (Real Estate), Yamina Zerrouk (Public Business Law, Urban Planning and Real Estate), Jérôme Assouline and Thomas Verdeil (Tax Law), Emilie Meridjen (Labor Law) and Anne Dumas-L’Hoir (Business Litigation).