Bredin Prat advises SHADOW with a view to the creation of Synfonium and the acquisition of Qwant

Bredin Prat is advising SHADOW, a cloud platform for businesses, gamers and creatives, in connection with a business partnership between Octave Klaba, chairman and majority shareholder of SHADOW, and the Caisse des Dépôts Group (Banque des Territoires), with a view to creating Synfonium, a platform that aims to offer consumers and businesses a seamless access to best-in-class European cloud-based collaboration services, including remote computing, cloud storage, search engine, videoconferencing and other applications.

As part of this project, exclusive negotiations have started with the shareholders of Qwant, including a cornerstone shareholder Caisse des Dépôts, for the acquisition of 100% of Quant’s share capital.

Synfonium will initially include SHADOW’s services, particularly its remote cloud PC service (Shadow PC) and its cloud storage application (Shadow Drive), as well as Qwant, subject to finalisation of the proposed acquisition of Qwant.

The Bredin Prat team advising SHADOW comprised:

• Corporate: Florence Haas (partner), Jérôme Vincent, Julie Hosteing, Thomas Sharps
• Tax: Jean-Florent Mandelbaum (partner), Bérangère de Conihout
• Competition: Arthur Helfer (partner), Guillaume André
• IP / IT: Juliette Crouzet (counsel), Lauriane Billette