Kirkland & Ellis LLP

10/30/2024 | Press release | Distributed by Public on 10/30/2024 09:42

Kirkland Advises TASARU on Investment in Blacklane

Kirkland & Ellis advised TASARU Mobility Investments (TASARU), a leading investment company wholly owned by the Public Investment Fund (PIF), on an investment in Blacklane. This investment will empower Blacklane to accelerate its expansion into the Saudi Arabian market, revolutionizing Saudi Arabia's mobility landscape.

Founded in 2011 in Germany, Blacklane's ride-hailing services connects travelers with a global network of professional chauffeurs. Today, Blacklane has a team of over 300 employees across 50 countries, with operational hubs in Germany, Singapore, Spain, the United Arab Emirates, the United Kingdom and the United States.

Read TASARU's press release

The Kirkland team consisted of corporate lawyers Ben Leyendecker, Kamran Bajwa, Noor Al-Fawzan, Sebastian Häfele, Abdulaziz Almoosa, Tamara Zehentbauer and Jenia Dimitrova; and technology & IP transactions lawyers Emma Flett, Ben Zeris and Lana Khoury.