We advised Data Delivery, the Belarusian developer of a platform for managing the online status and business reputation of RocketData.io, in connection with share acquisitions and further investment in the company by the mapping service 2GIS, which is part of the Sber group. During the first stage of the transaction, 2GIS acquired a 47% share in the company. After getting authorisation from the Bank of Russia, 2GIS plan to increase this proportion to 88% by purchasing the remaining shares held by investors, including the Russian-Belarusian Venture Investment Fund (RBF Ventures). The founders of Data Delivery – Darya Danilova, Fedor Zubrytski, Alexey Kudelka and Evgeni Ozhehkovski – will continue to develop the RocketData.io platform and upon completion of all stages of the deal will retain 12% of the company.
Data Delivery was established in 2017 and is currently a resident of the Hi-Tech Park. In 2018 the company attracted investments from RBF Ventures, as well as from six business angels and the biggest Belarussian news portal.
According to the company, the new round of investments received from 2GIS will be put into launching new products – in particular, in creating a unified personal account for launching advertising campaigns via geo-services and social networks using geo-targeting, analyses of local searches and other services.
Sorainen advised Data Delivery on the legal aspects of the deal, including preparing documents and participating in negotiations. The Sorainen team consisted of senior associate Viktoryia Mikhnevich as the team leader, as well as partner Maksim Salahub and associate Aliaksei Vashkevich.