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Thomas Eggar advises Uniplaces in USD24m Series A fundraising success

Law firm Thomas Eggar has advised Uniplaces in one of Europe’s largest Series A venture capital fundraising successes of 2015. 

The pioneering Lisbon-based startup was founded in 2012 by three ex-university classmates and has been billed as ‘the Airbnb of students’. Users of Uniplaces.com are able to search for and book affordable student accommodation safely and easily in locations all over the world. The website operates in 38 cities.
 
The funding round was led by Atomico and included investments from Octopus Ventures and Shilling Capital Partners as well as a mix of existing and new angel investors, including veteran internet entrepreneur Alex Chesterman, who founded successful property website Zoopla in 2008.
The Thomas Eggar team advising Uniplaces was led by London corporate partner and TMT specialist Jon Snade, assisted by London corporate Senior Associate James Paton-Philip.
 
Thomas Eggar’s James Paton-Philip, says “It has been a pleasure to have advised Uniplaces on this significant transaction. We were able to draw on the experience of our multi-disciplinary team of technology sector specialists to successfully complete what was a strategically important and high-profile deal for the company.”
 
Uniplaces co-founder, Ben Grech, says:: “They took time to really understand our aims and objectives and we feel confident that they have provided Uniplaces with the tools that it needs to continue its strategy for growth and expansion.”
 
Thomas Eggar has recently announced that it is set to merge with Irwin Mitchell in a move that will create a major UK law firm. Managing Partner Vicky Brackett says: “This is an exciting merger of two dynamic firms. Bringing the two together will give us a greater strength in numbers and more experience to offer our clients a service that is second to none.”

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