On February 17, 2022, RELEX Solutions, a provider of unified retail planning solutions, announced the successful closure of a €500 million funding round led by funds managed by Blackstone Growth (Blackstone’s growth equity investing business). Wilson Sonsini Goodrich & Rosati represented Blackstone Growth in the transaction.

The RELEX Living Retail Platform uses AI-driven demand forecasts to automate smarter, data-based decisions across core processes in stores and distribution and fulfillment centers, from allocations and replenishment to planograms and workforce planning. Following the funding round, RELEX Solutions will hire hundreds of developers and experts to grow its technical team that currently stands at over 400 people strong. RELEX Solutions has previously raised over €200M in funding. This announcement is the largest funding round ever raised by a Finnish growth company.

The Wilson Sonsini team that represented Blackstone Growth in the transaction included:

Corporate
Dan Glazer
Michael Labriola
Bradley Doline
Esther Lukman
David Patterson
Jennifer Sawicki

Privacy and Cybersecurity
Jan Dhont
Carol Evrard

Technology Transactions
Kristin Bradley

Antitrust
Beau Buffier

Employee Benefits and Compensation
Matthew Norgard
Jason Chan

Employment Litigation
Marina Tsatalis
Alison Renner
Heather Diles

Real Estate
Martin Sul

For more information, please see RELEX Solutions' press release.