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Freshfields Advises General Atlantic on Series B Investment in Reliance Health
Freshfields has advised General Atlantic, a leading global growth equity investor, on its investment in the Series B funding round of Reliance Health, Inc., an emerging-markets-focused digital healthcare provider primarily based in Nigeria and in the process of expanding further into Africa. This transaction was part of a $40m funding round that General Atlantic led, the largest of its kind in African health tech, and marks General Atlantic’s first technology investment in Africa.
More details about the transaction can be found here.
The Freshfields team advising on the transaction was led out of the Dubai and New York offices by partners Rob Cant and Andrea Basham; Senior Associate Maha Osman; associates Wael Zwain, Nalothiya Nambirajah and Daria Butler; and Trainee Ololade Omisore, with support from Senior Associate Laura Frühauf. Advice on P&R matters was provided by Partner Lori Goodman and Associate Jeffrey Anand. IP/IT advice was provided by Partner Giles Pratt and Associate Vincent Lim. BIT advice was provided by Partner Sami Tannous and Associate Engie Mohsen. Regulatory advice was provided by Partner Nabeel Yousef and Associate Ruth Montiel. Competition advice was provided by Partner Paul Van Den Berg and Associate Bart Verheijen. Advice on tax matters was provided by Counsel Dennis Caracristi.
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