Schnittker Möllmann Partners (SMP) has advised venture capital fund Project A on the sale of its portfolio company Evino. For Project A this is the first relevant exit in the Brazilian market.
Schnittker Möllmann Partners (SMP) has advised WunderCar Mobility Solutions GmbH (Wunder Mobility) on its latest Series B financing round. The financing round has a total volume of 30 million US dollars. It was led by the KCK Group. In addition to KCK, portfolio investors such as Blumberg also participated in the growth financing. According to Wunder Mobility, the new capital will benefit the expansion within Germany and the expansion of the B2B distribution network.
Attorney and wenigermiete.de founder Frederik Gärtner will join the Schnittker Möllmann Partners transaction team as Associated Partner in September 2018. Gärtner holds a doctorate in law and has a wealth of experience both in law firms and companies as well as the founder of his own legal tech company wenigermiete.de.
Schnittker Möllmann Partners (SMP) has advised the existing shareholders in Deposit Solutions GmbH, e.ventures, Greycroft and TopTier, on another investment in the FinTech company.
Schnittker Möllmann Partners (SMP) has advised the Berlin-based e-commerce company Lesara on another financing round. In addition, the team around SMP partners Peter Möllmann and Matthias Schatz advised Lesara on the recent change from the legal form of a GmbH to that of a stock corporation.
Schnittker Möllmann Partners (SMP) has advised the shareholders in nu3 GmbH on the sale of all shares to Shop Apotheke. The consideration for the acquisition of the online platform for nutrition products was 54,470 shares in exchange-listed shop Apotheke Europe N.V. and an additional cash payment.
Schnittker Möllmann Partners (SMP) advised fos4X GmbH on its latest Series B financing round. The financing round has a total volume of 8.2 million euros (US$10m).
Schnittker Möllmann Partners (SMP) advised the garage portal Caroobi on its latest financing round. The Series B financing round had a total volume of USD 20 million. It was led by Nokia Growth Partners. BMW iVentures, DN Capital and Cherry Ventures also participated in the financing again. Target Global also acquired a stake in the Berlin-based company.