Orrick has advised online car marketplace Frontier Car Group (FCG) on OLX Group’s investment in the company. Once completed, OLX will become the largest shareholder in FCG. OLX first invested $89 million in FCG in 2018, providing capital for FCG to enhance its services and expand to new geographies.
Orrick has advised Frontier since its inception in 2016 and has counseled the company on multiple financing rounds and corporate matters. The Orrick team on the OLX investment includes Samir Bakhru, Harry Clark, Davis Doherty, Sulina Gabale, Diana Gillis, Anik Guha, Nicole Huang, James Larkin, Steve Malvey, Candice O'Brien, Jake Routhier, Jason Schau, Ramin Tohidi, Michael Wiesner, Michael Yang and Justin Yi.