Moore Blatch advises Crave Interactive Limited on its investment from Thailand’s True Corporation
Moore Blatch has advised Crave Interactive, the world-leading developer of cloud-based digital guest service solutions for hotels, on its major investment by True Corporation, Thailand’s leading telecommunications provider.
The deal provides a majority investment from True Digital & Media Platform Company Limited, a wholly owned subsidiary of True Corporation Public Company Limited. The investment will help to drive an innovative rental model that will accelerate the adoption of digital guest service solutions to replace antiquated paper solutions in hotels.
Crave will be making a significant investment into the Asia Pacific market, and will be leveraging synergies with True’s technology, market positioning and partnerships in the region. It will also invest further across the Americas and Europe, where it is already well-established as an industry leader.
Gareth Hughes, CEO at Crave Interactive, commented: “
We see incredible opportunities in the convergence of voice, entertainment, communication and smart controls to develop solutions that delight guests and help hotels deliver top-class services”. Hughes continues: “
We were delighted with the support provided by Jeremy, Hayleigh and the rest of the Moore Blatch team – they did a superb job by helping us overcome numerous obstacles to get the deal over the line”.
Commenting on the deal,
Jeremy Over, Partner at Moore Blatch, said: “
We are thrilled to have been involved in this deal, which sees Crave Interactive poised for a truly exciting phase of growth. We wish the team at Crave and True Corporation every success for the future.”
The team at Moore Blatch was led by
Jeremy Over (Partner) and also included
Hayleigh Sears (Solicitor),
Cherie Lawson (Paralegal, Corporate),
Samantha Grose (Trainee Solicitor, Corporate),
Charlotte Boatman (Trainee Solicitor, Corporate),
Dorothy Agnew (Partner, Commercial),
Katherine Maxwell (Partner, Employment),
Emma Edis (Associate, Employment) and
Rachael Kelly (Solicitor, Commercial Property).
True Corporation was advised by Linklaters.
Scaling Up for Success – 2nd April 2019
Working in partnership with Smith & Williamson, we are delighted to host the second in a series of four Scaling Up for Success seminars ‘Grow Quicker – Transact to scale’ seminar on Tuesday 2 April at our Southampton office.
In this seminar, we will look at:
Business Contracts Seminars – March 2019
Moore Blatch are running a series of seminars which have been devised to help
you better negotiate, understand and manage your contracts.
Each seminar will cover:
Data breaches by rogue employees – employers still liable: Vicarious liability applies
The Court of Appeal recently upheld a decision of the High Court that found Morrisons Supermarkets vicariously liable for the malicious and criminal actions of a rogue employee who intentionally damaged Morrison’s reputation by misusing the personal data of almost 100,000 Morrison employees.
Technology update – Winter 2018
In this edition we outline our top five rules for transactions and discuss the new framework for exchanges of personal data between the EU and US for commercial purposes.
Moore Blatch’s top rules for transactions
Benjamin Franklin said “by failing to prepare, you are preparing to fail” and that is never more than true in transactional work. As preparation is key to a smooth and ultimately successful acquisition or disposal, each quarter we will bring you some of our most important rules to follow leading up to that all important transaction. The first, appointing your key advisers.
Is Privacy Shield still adequate for data transfers to the US?
In July 2016, the European Commission formally adopted Privacy Shield, a new framework for exchanges of personal data between the EU and US for commercial purposes. This means that Privacy Shield is approved by the EC as an adequate means of transferring personal data from the EEA to the US. This remains the position until the EC decides to change its adequacy decision.
New requirements for providers of essential services
The Network and Security Information Regulations 2018 came into force earlier this year. These regulations impose security, incident reporting and registration requirements on providers of essential services (water, energy, transport, health, and digital infrastructure) and on businesses that provide online services to operators of essential services.
Start-up visas for tech companies – what’s all the hype about?
During this year’s London Tech Week, a new visa route aimed at the tech industry was announced. The Start Up visa has been designed following advice from the Migration Advisory Committee (MAC) and feedback from the tech sector.