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ABL advises Zip Co on acquisition of fashion search engine ‘the Urge’

Capital Markets, Corporate and M&A
iStock 688398000
Arnold Bloch Leibler has acted for ASX-listed Zip Co Limited on its acquisition of Sydney-based technology company and fashion search engine, ‘the Urge’.

As announced to the ASX, Zip intends to incorporate ‘the Urge’ and its team’s expertise in search functionality, optimisation and indexation into its platform globally, starting with the QuadPay app in the United States.

ABL recently advised Zip on its transformative $400 million acquisition of QuadPay, and $200 million capital raising, as part of its expansion into the US market.

ABL Corporate and M&A partner Gavin Hammerschlag led the deal, with assistance from lawyer Max Grunwald.

Gavin Hammerschlag commented: “We are pleased to have advised Zip on another successful acquisition. Acquisitions like this show Zip’s strong commitment to expanding its global presence, while investing in local talent.”

 ABL has a long-standing relationship with Zip, having advised on numerous landmark transactions for the company.

About Arnold Bloch Leibler

Arnold Bloch Leibler is a premium Australian commercial law firm renowned for advising clients on their most important transactions, commercial issues and disputes. From offices in Melbourne and Sydney, the firm provides advice to a diverse range of entrepreneurial Australian listed companies, family businesses, high-net-worth individuals and international corporations. The firm also has a dedicated pro bono practice providing advice on social, environmental and cultural issues to more than 150 charitable and not-for-profit organisations.

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