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Goltsblat BLP Advises on Merger of Russian Taxi Aggregators

Goltsblat BLP Advises on Merger of Russian Taxi Aggregators

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Goltsblat BLP has advised Fasten, which it describes as "a major player on the taxi aggregator market in Russia," on its merger with RuTaxi. 

UFG Private Equity, an existing investor in Fasten, has now become both investor and main shareholder in the newly merged company, which aims to increase fulfilled orders by almost 25% (up to 1.5 million per day).

The agreement established a single shareholding structure combining the personnel, technologies, software packages, etc., of both companies.

Goltsblat BLP's team was led by Corporate/M&A Partner Matvey Kaploukhiy and included Associates Mikhail Filatov and Anastasia Kudryashova.

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