Press Release 08.12.2021

PXR advises shareholders of Planetly on sale to OneTrust LLC

PXR has provided comprehensive legal and tax advice to the shareholders of Berlin-based software company Planetly on the sale to OneTrust LLC. OneTrust is the fastest growing company on Inc 500 providing software solutions to half of the Fortune 500 companies in areas such as privacy, security, data governance, third-party risk, ethics and compliance. OneTrust is backed by investors such as Insight Partners, Coatue, TCV, SoftBank Vision Fund 2, and Franklin Templeton.

About Planetly

Planetly was founded in 2020 and is based in Berlin. Co-founded by Anna Alex and Benedikt Franke, founders of Outfittery and Helpling, Planetly enables businesses to transition to a net zero economy by providing carbon measurement and management solutions. More information on the transaction on Handelsblatt.

About PXR

PXR is a full-service law firm specializing in advising companies, entrepreneurs and investors in the technology sector. PXR’s clients include numerous tech companies, private equity and venture capital investors, and entrepreneurs. PXR’s core areas of expertise include tax and corporate law, employment law, and IP/IT and data privacy law.