Clifford Chance has advised Resortecs, a Belgian scale-up active in sustainable textile recycling, on its first equity round.
Resortecs is an upcoming leader in the fashion-tech and circular textile industry. They have developed innovative solutions using heat-dissolvable stitching threads and thermal disassembly systems making recycling fast, easy and cost-efficient.
The first equity round was led by Brussels-based venture capital firms ScaleFund and finance&invest.brussels.
We are proud to work with Resortecs on this transaction supporting sustainable business practices. This latest transaction further strengthens Clifford Chance’s successful track record in advising scale-ups in the growth equity and ESG space.
The Clifford Chance team was led by counsel Patrice Viaene and associate Celine Feys. The team was further supported by associates Gills Waelkens, Louis De Meulemeester and Maxime Nyamabu.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
The advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
