News – Venture Capital & Private Equity practice
13 October 2014
Five months after its foundation Cresco I Business Law Firm has been catapulted into the prestigious independent legal rankings of IFLR 1000, a publication compiled by a team of legal journalists based in New York, London and Hong Kong. The guide focuses on the leading law firms for corporate finance worldwide.
Cresco, led by managing partners David Dessers and Filip De Schouwer, immediately enters the rankings with strong endorsements of clients and peers. Five months in existence, our firm is ranked by IFLR 1000 as recommended firm for corporate and M&A, and notable firm for capital markets. In addition, David Dessers is recommended as Leading Lawyer for M&A and private equity.
IFLR 1000 review – 2015 Edition
“Deals worked on in that period include David Dessers advising MarkaVIP in the preparation, negotiation and closing of its $32 million Series C funding, which included a $7 million convertible bond issue.
Clients certainly appreciate the work of the team: “We were very pleased with the down to earth, accommodating and comprehensive approach from Cresco reconciling interests from both investors and company owners.”
The M&A team is really making a name for itself both with clients and with peers. Its work is compared by some to that of the leading teams in the country – but at a lower price – and there is a general recognition among peers that it is gaining a reputation for good work in the market.
“We receive excellent personal attention from the partners and senior associates,” says a client. “We get immediate responses to questions and proactive steps are taken on our behalf with our board members and investors.”
An example of the firm’s improving position is the work it did acting as key counsel to Fortino in the preparation and negotiation of a distressed M&A deal with Electrawinds, and its shareholders and debt holders.”
Rankings a validation of Cresco’s strategy
The Cresco team is particularly pleased with these rankings as a validation of our mission to provide total client satisfaction by exceeding expectations of expertise, quality, innovation, responsiveness, tenacity, accountability and personal service.
They also serve as testimony to the long term relationships we build with our clients as trusted counsel throughout the life cycle of their businesses.
More information on the rankings can be found on the IFLR 1000 website – 2015 Edition (link)
For any further information on Cresco's Corporate and M&A services, please contact any of the following corporate partners: David Dessers, Filip De Schouwer, Pieter Capiau or Tessa Gijbels.