Founded in 2003, Chrono24 was one of the first companies of scale to connect watch dealers and collectors around the globe through its digital marketplace. The company now counts an average of 500,000 unique visitors per day. With more than 3,000 retail dealers and 30,000 private sellers across more than 100 countries worldwide, Chrono24 lists approximately half a million luxury watches for sale at any given time. The company employs around 400 people in offices in Karlsruhe, Berlin, New York and Hong Kong.
General Atlantic is a leading global growth equity firm providing capital and strategic support for growth companies. General Atlantic combines a collaborative global approach, sector-specific expertise, a long-term investment horizon and a deep understanding of growth drivers.
Milbank advised General Atlantic on corporate, antitrust and tax law aspects of the transaction.
The Milbank team was led by partner Sebastian Heim (Corporate/M&A, Munich) and included partners Matthias Schell (Tax, Munich) and Alexander Rinne (Antitrust, Munich), special counsel Bijan Ganji (Transportation & Space, Washington, DC) as well as the associates Alexandra Schäfer (Corporate/M&A, Munich), Pinky Mehta (Transportation & Space, Washington, DC) and Susanne Schricker (Antitrust, Munich).
Milbank LLP is a leading international law firm that provides innovative legal services to clients around the world. Founded in New York over 150 years ago, Milbank has offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, São Paulo, Seoul, Singapore, Tokyo and Washington, DC. Milbank’s lawyers collaborate across practices and offices to help the world’s leading commercial, financial and industrial enterprises, as well as institutions, individuals and governments, achieve their strategic objectives. To learn more about Milbank and its attorneys, please visit www.milbank.com.
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