"Boutique firm Cresco has had a strong year. “I've tried enough law firms in Belgium to know they are by far the best legal team a venture capital fund can think of,” says one client.
The team welcomed a new partner this year with the arrival of Pieter Capiau. He now joins existing partners David Dessers and Filip De Schouwer in running the firm. Tessa Gijbels also joined the team in May 2014 as a partner.
One example of its recent capital markets work saw it advising Amplidata on the issuance of a $10 million convertible bond secured by the pledging of IP assets.
On the M&A side, where the firm is undoubtedly strongest, the firm had a busy year. Dessers led as the team advised Clear2Pay and its shareholders in the €375 million acquisition by FIS Global, an international deal crossing continents.
Dessers also took the lead in assisting Amplidata and its shareholders on the sale of the company to Western Digital and as the team acted as key counsel to Gimv in its acquisition of Ecochem.”