20 Jan 2017

Riverwood backs Brazilian on-demand taxi service 99

By Iris Dorbian

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 was led by Partner S. Todd Crider (M&A).

– Via PeHub