Wilson Sonsini Represents Blackstone Growth in €500 Million Funding
- Client Highlights
- Consumer Products and Services
On February 17, 2022, RELEX Solutions, a provider of unified retail planning solutions, announced the successful closure of a €500 million funding round led by funds managed by Blackstone Growth (Blackstone’s growth equity investing business). Wilson Sonsini Goodrich & Rosati represented Blackstone Growth in the transaction.
The RELEX Living Retail Platform uses AI-driven demand forecasts to automate smarter, data-based decisions across core processes in stores and distribution and fulfillment centers, from allocations and replenishment to planograms and workforce planning. Following the funding round, RELEX Solutions will hire hundreds of developers and experts to grow its technical team that currently stands at over 400 people strong. RELEX Solutions has previously raised over €200M in funding. This announcement is the largest funding round ever raised by a Finnish growth company.
The Wilson Sonsini team that represented Blackstone Growth in the transaction included:
For more information, please see RELEX Solutions' press release.