01 Sep 2020 | 09:26 am | 1 min. read
Multinational law firm Pinsent Masons has advised the founders of EmpatKali, Jamie Camidge and Hadi Tanzil, on the sale of the company to Afterpay.
Afterpay, the leading buy-now, pay-later service provider in Australia, will acquire Singapore-based business EmpatKali, a payment solutions provider operating in Indonesia. The transaction involves the sale of the company led by its founders together with minority shareholders. As Afterpay indicated in its FY20 results announcement, the acquisition is a first step in exploring further opportunities in select Asian markets.
The Pinsent Masons team acting on the transaction was led by partner Brian Scott and includes senior associate Lucy Carter, lawyer Ananya Mittra and graduate lawyer Abigail Gedge. Financial advisory services were provided by Stephen Davies from Devo Consigliare Pty Ltd.
Commenting on successful execution of the deal, EmpatKali Founder Jamie Camidge said: "The Pinsent Masons team (Singapore and Australia), in partnership with Stephen Davies (advisor), did an incredible job representing the founders through the Afterpay acquisition. We couldn't have asked for a more professional and responsive group to represent our interest and that of our shareholders to get this deal across the line."
Corporate partner Brian Scott added: “It’s been a pleasure to help our clients’ business into the fast growing Afterpay family, where plans for further growth and investment can be fully realised. I lived and worked in Jakarta for 8 years and it was fantastic at this time, albeit virtually, to connect with an ambitious business there. The Pinsent Masons team brings together a strong understanding of the start-up environment, a notable tech focus for the region’s vibrant digital economies and a very strong bench of deal experience in Southeast Asia.”
Multinational law firm Pinsent Masons in Paris advised La Banque Postale and Bpifrance in connection with the financing of the repowering of two wind farms (Marsanne and Grand Bois) owned by funds managed by Octopus Energy Generation, for an amount exceeding €83 million.
Multinational law firm Pinsent Masons has advised international cinema technology business INDY Cinema (INDY) on its acquisition by New York-based VERSANT, an industry-changing media and entertainment company.
Multinational law firm Pinsent Masons, in collaboration with the world-renowned art and design college Central Saint Martins (CSM), University of the Arts London has announced the winner of its inaugural Prize celebrating emerging creative talent at an exhibition at its London headquarters, Crown Place.
Multinational law firm Pinsent Masons in Paris advised La Banque Postale and Bpifrance in connection with the financing of the repowering of two wind farms (Marsanne and Grand Bois) owned by funds managed by Octopus Energy Generation, for an amount exceeding €83 million.
Multinational law firm Pinsent Masons has advised international cinema technology business INDY Cinema (INDY) on its acquisition by New York-based VERSANT, an industry-changing media and entertainment company.
Multinational law firm Pinsent Masons has advised two subsidiaries of Arch Re – Southern Rock Insurance Company Limited (Southern Rock) and Alwyn Insurance Company Limited (Alwyn) – on the successful completion of an insurance business transfer under Part VII of the Financial Services and Markets Act 2000.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]
