Firm / Organisation

Cresco Advocaten

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Managing Partners: David Dessers, Filip De Schouwer
Number of partners: 6
Number of lawyers: 25
Languages: Dutch, English, French, German, Spanish, Arabic, Hebrew

Firm Overview:
Cresco is a premier business law firm focused on providing business law advice and counsel to entrepreneurs, emerging, growth and established companies and various types of investors, including private equity investors, venture capitalists and strategic corporate investors. The firm combines international legal know-how with business expertise acquired through extensive in-house experience at leading companies active in a broad range of sectors and industries.

Main Areas of Practice:

Mergers & Acquisitions:
Cresco’s M&A practice covers i.a. private equity, information technology, clean tech, life sciences, hospitality, real estate and infrastructure.
■ Newtec and its shareholders in Singapore Technologies acquisition
■ Gram Games and its shareholders in Zynga acquisition
■ TrendMiner and its shareholders in Software AG acquisition
■ MCS Solutions and its shareholders in Nemetschek acquisition
■ Ansem and its shareholders in Cyient acquisition
Key Clients: Hummingbird Ventures, SmartFin, Volta, Newtec, imec, Ansem, Gimv Venture

Capital & Private Equity:
Cresco has market-leading capabilities in private equity and venture capital matters including fund formation, capital raisings, (regulatory) compliance, and investments and divestments of portfolio companies.
■ Formation and fundraising of various funds (inc. Hummingbird, Smartfin, Fortino, Xpand, imec.iStart, 9.5 Magnitude Ventures and Volta) in excess of USD 500m
■ Represented these funds in numerous investments and divestments, including GramGames, Deliveroo, Newtec, Showpad, Taxibeat, Kraken and Teamleader
Key Clients: IGIMV, V-Bio Ventures, SmartFin, Hummingbird,, PMV, Volta, Xpand, Partech Ventures

Emerging & Growth Companies Practice:
Cresco represents entrepreneurs, start-ups, emerging and growth companies, on their plans and ideas, fundraisings and organising their day-to-day business
■ Investor consortium in its EUR 40 million Series A investment in Camel-IDS
■ NGData, a big data analytics company, in its USD 20 million Series C funding round led by HPE
■ Teamleader, a SaaS company, in its EUR 20m funding by Fortino, Keen Ventures and PMV
Key Clients: Gimv, V-Bio Ventures, Silverfin, InvestSuite, The Glue, Sentiance, Itineris

IP/IT & Innovation:
Cresco structures brand protection, corporate partnering and strategic alliance transactions, R&D deals and co-ownership agreements, group IP structuring and licensing arrangements, outsourcing arrangements and OEM agreements.
■ Arco in the negotiation of complex and sophisticated arrangements for IPR assignment and licensing in relation to, a joint venture with financial services firm KBC Group
■ Elia and other energy market operators in the design, structuring and implementation of the IO.Energy Ecosystem
■ Various investment funds with the analysis of the IP portfolios of target companies
Key Clients: Elia, imec, Twikit, Silverfin, MCS Solutions, Sentiance, Flemish government

Dispute Resolution:
Cresco advises and represents entrepreneurs and large corporates in a wide range of corporate and commercial disputes. Risk management and efficient dispute resolution in litigation or arbitration are key to the practice.
■ (Former) shareholders and directors on postacquisition claims
■ Software developers or their clients on licensing agreements and OEM agreements
■ Directors and shareholders on all matters of corporate litigation, and regarding companies in distress
■ Manufacturers and distributors on commercial disputes (agency, franchise, distribution, etc.)
■ Real estate owners on all matters of (commercial) lease, sale and purchase, etc.

Real Estate:
Cresco delivers innovative, creative and practical legal services for the full spectrum of real estate needs.
■ Eoluz in drafting and negotiation of complex framework agreement for engineering, procurement and construction of PV plants with Eneco Solar
■ Equinox Investments in sale transaction of part of ‘Century Centre’ in Antwerp
■ Flemish Government in negotiations and litigation against in public housing company
Key Clients: Belgian and Flemish government, Autogrill, Percassi, Schindler, Eoluz, Comics Station Antwerp, MUCC, WannaWork, March Complex

Commercial Agreements:
By combining industry knowledge, technology acumen and strategic business expertise, Cresco assists entrepreneurs, start-ups, emerging and growth companies, on complex commercial agreements and their day-to-day business.
■ Starmeal and Foodmaker in all types of commercial agreements, i.a. commercial lease agreements, business transfer agreements, co-operation agreements with retail partners, co-development agreements and franchise agreements
■ Percassi (world leader in retail development and major real estate projects) with the drafting and negotiation of complex retail agreements in city centres, shopping centres and railway stations in the Benelux
■ Be Food! In co-manufacturing agreement with Milcobel
Key Clients: Foodmaker, Starmeal, Be Food!, Food Group België, Percassi, Eoluz, House of Nutrition

Corporate Venturing:
Cresco regularly represent emerging companies or corporates in structuring their nonequity and equity based corporate venturing transactions
■ Elia and other energy market operators in the design, structuring and implementation of the IO.Energy Ecosystem
■ Arco in the design and structuring of, a joint venture with KBC Group
■ Orsi, a robotic surgery centre, in the design and structuring of its collaboration with UGent, KULeuven, Medtronic and Intuitive
Key Clients: Elia, Lineas, Orsi, 9.5 Magnitude Ventures, imec.xpand