A&O Shearman advises PSG on financing for Zenchef joining forces with CoverManager

The transaction combines two complementary players, establishing a leading restaurant technology solution provider with a large and diverse customer base in Europe and Latin America.

Nick Hallam, partner at A&O Shearman, commented: “We are delighted to have advised on this transaction, and proud to play a role in supporting PSG’s continued growth and innovation in the tech sector, together with the companies it partners with. Our cross-border team worked seamlessly to deliver a complex financing package to support the combination going forwards.”

The team was led by sponsor-side leveraged finance partner Nick Hallam from London, alongside senior associates Susie Emmanuel and Fraser Jackson, associate Nahima Parvin and trainee Deborah Tang. In Madrid, the team was led by partner Ishtar Sancho and senior associate Sara Sanz alongside associates Paula Lopez, Victoria Morales, and Marta Pelaez. The Luxembourg team was led by partner Frank Mausen, alongside counsel Pierre-Henry Maroteaux, senior associate Max Sassel and associate Christine Laux.