June 6, 2024

Milbank Advises Summit Partners on Its Investment in OneStock

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Milbank LLP advised global growth investor Summit Partners in connection with its investment in OneStock, a leading provider of order management system software for the retail sector.

OneStock’s software offers a real-time, unified overview of inventory across physical stores, distribution centers and warehouses, and automates decisions to optimize speed and cost-effectiveness. OneStock already serves over 70 clients across various B2B and B2C channels throughout Europe and the new investment will be used by OneStock to accelerate investment in further geographic expansion, go-to-market initiatives and continued product leadership.

Summit Partners is a global alternative investment firm with capital dedicated to growth equity, fixed income and public equity opportunities. Founded in 1984, Summit invests across growth sectors of the economy and has invested in more than 550 companies in technology, healthcare and other growth industries.

The Milbank deal team was led by London Corporate partner Andrej Wolf with support from associates Kate Meils and Adam Chang. The team also included London Antitrust partner Andrea Hamilton and associate Charl Van der Merwe, and London Tax special counsel Andrew Callaghan and associate Liam Markham.