Cases
Hylands Assists WE Capital in Completing the Exit of Mailman Group
On July 8th 2021, Endeavor Group Holdings China Branch officially announced the completion of the wholly-owned acquisition of Mailman Group (the “Transaction”). Partner Jiejun Li of Hylandslaw and his team, as the legal counsel of WE Capital ( the Series-A shareholder of Mailman Group ), provided legal services for the Transaction. In the Transaction, Hylandslaw participated in the whole negotiation process for the Transaction, designed the Transaction structure, drafted, reviewed and revised the legal texts, and assisted to complete the closing of the Transaction, which successfully fulfilled the realization of the investment of the client.
Mailman is a famous company specializing in sports digital marketing, which provides a full range digital services for NHL, FIFA, NBA, Under Armour and Chelsea Football Club, etc. Sports industry was significantly affected by the pandemic of COVID-19, which made it very difficult to promote the Transaction. The success of the Transaction cannot be achieved without the actions and strong support of all parties involved, which also shows that Endeavor possesses optimistic expectations of the future of the Chinese sports market. Through the Transaction, we expect that the entire sports industry may gradually regain its vitality, and the prosperity of the sports industry may be just around the corner.
WE Capital, established in 2015, is a famous international investment institution with strong financial strength and abundant experiences of industry investment whose fund management scale is over one billion RMB. Multiple well-known projects, including Kaishu Story, Mockuai Technology, iYunBao, Hetao Programming and Mahua Fun Age, etc were successfully invested by WE Capital. Partner Jiejun Li of Hylandslaw and his team is experienced in providing legal services in capital market, and has maintained a long-term friendly cooperation with WE Capital. During the cooperation, Jiejun Li’s team has deeply participated in a number of investment projects of WE Capital, including Mahua FunAge, Liubai Entertainment, Crowmovie, One Touch Pictures, Kaishu Story, etc., and will be consistently providing additional legal services for WE Capital.