Bryan Cave Leighton Paisner Advises Avito Jobs on a USD 1.2 m Investment in HR Messenger

Bryan Cave Leighton Paisner (Russia) LLP | View firm profile

Bryan Cave Leighton Paisner has successfully advised Avito on a USD 1.2 m investment in HR Messenger, an automated staff recruitment and integration platform. This is the first deal of this magnitude involving chatbot design companies. HR Messenger will use the investment to develop its business and take on more staff.

Bryan Cave Leighton Paisner has successfully advised Avito on a USD 1.2 m investment in HR Messenger, an automated staff recruitment and integration platform. This is the first deal of this magnitude involving chatbot design companies. HR Messenger will use the investment to develop its business and take on more staff.

The BCLP team was led by Vera Gorbacheva, Associate Director, Corporate / M&A, with invaluable input from Dimitri Antipin, Senior Associate & Solicitor, Ayta Aduchieva, Associate, Elena Naumova, Junior Associate, Gleb Aleksandrov and Mikhail Kuznetsov, both Paralegals.

The matter was supervised by Anton Sitnikov, Partner, Head of Corporate/M&A (Russia), who notes: “We are grateful to Avito for entrusting us with this job and allowing us to help with this first-of-a-kind investment in this business growth area. We sincerely wish both the entire Avito team and HR Messenger every success and prosperity”.

Apart from the Avito mandate, 2021 saw BCLP Moscow advising clients on over ten PE and VC deals in various industries. We are delighted that the market puts its trust in our vast transactional expertise and experience of representing company founders, as well as strategic and financial, including institutional, investors and that we contribute to our clients’ successful and dynamic business development.

Avito-Jobs is a technology-based, on-line platform for job seekers and recruiters.

Avito is the world’s most visited classified ads market place, with 86 m active advertisements posted on its web-site in December 2021.

HR Messenger is a comprehensive service for handling routine HR tasks. It streamlines workflows using its own chatbot building technologies. Founded in Kazakhstan in 2018, the company reports having connected over 3 m job seekers with 90 companies in 2021.

More from Bryan Cave Leighton Paisner LLP