Dock Completes $110 Million Investment Round
05.17.22
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Simpson Thacher represented Dock Ltd (formerly Conductor Technology Ltd) (“Dock”) in connection with a $110 million equity investment round led by Lightrock and Silver Lake Waterman, with additional participation from current shareholders Riverwood Capital, Viking Global Investors and Advent International’s affiliate, Sunley House Capital.
Dock is the leading card-issuing and banking-as-a-service software platform in Latin America. Dock currently powers a broad and diverse customer base of fintechs, retailers, banks and technology companies to offer digital account and card programs with more than 41 million active accounts.
The Simpson Thacher team included Grenfel S. Calheiros, S. Todd Crider, Luiz Noronha and Fernando John Friedmann Junior (M&A); and Andrew B. Purcell, Matthew Lester and Jacqueline Clinton (Tax).