Cresco is primarily focused on entrepreneurs, start-ups, emerging and growing companies, and their investors. The one notable change to the team during the research period saw the firm welcome senior associate Olivier Van Raemdonck from NautaDutilh.
“They offered great assistance,” a client from the consumer goods industry says: “They have the best people, a great understanding of emerging technologies and venture capital combined with twenty four-seven responsiveness. That's what you need when you deal with the big guys. Cresco has the technical chops and pragmatism to match their legal acumen.
” The capital markets department constitutes one of the main cornerstones of the practice. One example of its recent work saw it as lead counsel to Fortino, managed by leading entrepreneur Duco Sickinghe, in relation to the structuring, formation and funding of a €75 million long-term oriented venture capital and private equity focused fund.
In the M&A space, Cresco assisted San Francisco-based Kraken in its acquisition of Coinsetter and Cavirtex, two of the oldest cryptocurrency exchanges in North America. Another interesting case saw David Dessers acting as counsel to the owners of Aminolabs in one of the most high profile private auctions in Belgium during the last 12 months.