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News & Insights

Swvl’s Business Combination with Queen’s Gambit Growth Capital

July 30, 2021

On July 28, 2021, Swvl Inc. (“Swvl”), a Dubai‑based provider of transformative mass transit and shared mobility solutions, and Queen’s Gambit Growth Capital, the first special purpose acquisition company entirely led by women, announced that they have entered into a definitive agreement for a business combination that would result in Swvl becoming a publicly listed company. Upon completion of the proposed transaction, the combined public company will be named Swvl Holdings Corp and is expected to be the first $1 billion plus “unicorn” from the Middle East to list on NASDAQ, under the ticker symbol “SWVL”. Cravath is representing Swvl in connection with the transaction.

The Cravath team is led by partners Nicholas A. Dorsey and Richard Hall and includes associates Adam M. Sanchez, Gabriel J. Rust‑Tierney, Jerome C. Newton and Alexandra J. Valicenti on corporate matters; associate Leon B. Dalezman on tax matters; partner Margaret T. Segall and practice area attorney Nicole M. Peles on antitrust matters; practice area attorney Megan Y. Lew on compliance matters; practice area attorney Arian Mossanenzadeh and associate Laura S. Lee on executive compensation and benefits matters; partner Matthew Morreale on environmental matters; practice area attorney Anthony N. Magistrale on intellectual property matters; and practice area attorneys Brian M. Budnick and Laurel R. Berkowitz on real estate matters.

Related Practices & Industries

  • Corporate
  • Mergers and Acquisitions
  • Capital Markets
  • Tax
  • Antitrust
  • Executive Compensation and Benefits
  • Environmental
  • IP and Strategic Tech Transactions
  • Investigations and Regulatory Enforcement
  • Emerging and Founder-Led Companies
  • Technology
  • Transportation
  • Consumer Products and Services

People

Photo
Name
Nicholas A. Dorsey
Title
Corporate
Title
Partner
Email
ndorsey@cravath.com
Phone
+1-212-474-1764
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    Education

    • J.D., 2009, Cornell Law School
      Order of the Coif, summa cum laude
    • M.Acc., 2006, Case Western Reserve University
      summa cum laude
    • B.S., 2006, Case Western Reserve University
      summa cum laude

    Admitted In

    • New York
    Photo
    Name
    Richard Hall
    Title
    Corporate
    Title
    Partner
    Email
    rhall@cravath.com
    Phone
    +1-212-474-1293
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      Education

      • LL.M., 1988, Harvard Law School
      • LL.B., 1986, University of Melbourne
        with Honors
      • B.Com., 1984, University of Melbourne
        with Honors

      Admitted In

      • New York
      Photo
      Name
      Margaret T. Segall
      Title
      Litigation
      Title
      Partner
      Email
      msegall@cravath.com
      Phone
      +1-212-474-1231
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        Education

        • J.D., 2008, Harvard Law School
          cum laude
        • A.B., 2003, Harvard College
          magna cum laude

        Admitted In

        • New York
        Photo
        Name
        Matthew Morreale
        Title
        Corporate
        Title
        Partner
        Email
        mmorreale@cravath.com
        Phone
        +1-212-474-1534
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          Education

          • J.D., 1997, Columbia Law School
            Harlan Fiske Stone Scholar
          • M.S., 1994, University of Pennsylvania
          • B.A., 1990, University of Pennsylvania
          • B.A.S., 1990, University of Pennsylvania

          Admitted In

          • New York
          Photo
          Name
          Nicole M. Peles
          Title
          Litigation
          Title
          Of Counsel
          Email
          npeles@cravath.com
          Phone
          +1-212-474-1624
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            Education

            • J.D., 2010, New York University School of Law
              cum laude
            • A.B., 2007, Dartmouth College

            Admitted In

            • New York
            Photo
            Name
            Megan Y. Lew
            Title
            Litigation
            Title
            Of Counsel
            Email
            mlew@cravath.com
            Phone
            +1-212-474-1428
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              Education

              • J.D., 2010, New York University School of Law
                cum laude
              • B.S., 2004, Cornell University
                magna cum laude

              Admitted In

              • New York
              Photo
              Name
              Brian M. Budnick
              Title
              Corporate
              Title
              Of Counsel
              Email
              bbudnick@cravath.com
              Phone
              +1-212-474-1914
              vCard
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                Education

                • J.D., 2011, Benjamin N. Cardozo School of Law
                  cum laude
                • B.A., 2006, University of Virginia

                Admitted In

                • New York

                Related News & Insights

                Deals & Cases

                July 21, 2021

                Lindsay Goldberg’s Sale of BAF to Madison Industries’ Indoor Air Quality Vertical

                On July 19, 2021, Lindsay Goldberg, a private investment firm, announced that funds managed by the firm have entered into a definitive agreement to sell Big Ass Fans (“BAF”), a pioneer of the high volume, low speed and connected fan categories, to Madison Industries’ Indoor Air Quality vertical. Cravath is representing BAF in connection with the transaction.

                Deals & Cases

                July 15, 2021

                Scientific Games’ Proposed Acquisition of Public Shares of SciPlay

                On July 15, 2021, Scientific Games Corporation (“Scientific Games”) announced that it has submitted to the Board of Directors of SciPlay Corporation (“SciPlay”) a proposal for Scientific Games to acquire the remaining 19% equity interest in SciPlay that it does not currently own in an all‑stock transaction, following which SciPlay would become a wholly‑owned subsidiary of Scientific Games. Cravath is representing Scientific Games in connection with the transaction.

                Deals & Cases

                July 12, 2021

                IBM’s Acquisition of BoxBoat Technologies

                On July 8, 2021, IBM announced plans to acquire BoxBoat Technologies, a premier DevOps consultancy and enterprise Kubernetes certified service provider. The acquisition will extend IBM’s container strategy and implementation services portfolio to further advance IBM’s hybrid cloud strategy. Cravath is representing IBM in connection with the transaction.

                Deals & Cases

                July 06, 2021

                Hapag-Lloyd and Ocean Network Express’ Integration onto IBM and A.P. Moller – Maersk’s TradeLens Platform

                On June 24, 2021, Hapag-Lloyd and Singapore-based Ocean Network Express (ONE) Pte. Ltd. announced they have completed integration onto the TradeLens platform, for a more timely and consistent view of logistics data for their containerized freight around the world. TradeLens is a neutral, third-party platform launched by IBM and A.P. Moller - Maersk to help modernize the world’s supply chain ecosystems and is run on IBM Cloud and IBM Blockchain. Hapag-Loyd and ONE join foundation carriers A.P. Moller-Maersk, as well as CMA CGM and MSC Mediterranean Shipping Company (MSC), who both completed their integration in October 2020. Cravath is representing IBM and A.P. Moller – Maersk in connection with the integration of the other carriers onto the TradeLens platform.

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