Mayer Brown advised Redslim, its founders and management team, on the structuring aspects of the LBO transaction following the signing of a binding agreement by Astorg Mid-Cap to acquire a majority stake in Redslim.

Founders and management team will reinvest significantly in the business. The Founders and management team are fully committed to the next phase of growth in partnership with Astorg. Through this partnership, Astorg will support the Company’s growth and international expansion, collaborating closely with the Founders and the management team.

Headquartered in Switzerland, and with a Pan-European presence Redslim provides data management services, leveraging a proprietary technology platform, and focusing on Consumer-Packaged Goods (CPG) and Consumer Healthcare (CHC) segments. With over 100 employees, and a proprietary data management platform, Redslim aggregates and optimizes data consumption for over 30 global organizations. Redslim addresses a rapidly growing global market, driven by the proliferation of data sources and the increased usage of third-party solutions to solve data challenges.

The transaction will be subject to customary regulatory approvals and should be expected to close in the coming months.