Riverwood Completes Investment in 99
01.20.17
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Simpson Thacher represented Riverwood Capital in connection with its investment in 99 (formerly 99 Taxis).
99 is one of the leading Brazilian-based ride-hail service providers, which primarily operates an on-demand taxi service but has also recently launched a peer-to-peer service. Riverwood is investing in 99 together with Chinese ride-hail service DiDi.
The Simpson Thacher team included S. Todd Crider, Borja Marcos and International Associate Luciana Moutinho (M&A); and George Davis (Tax).