May 29, 2020 Press

SMP advises LoanLink on merger with Baufi24

Berlin - SMP advised the Fintech company LoanLink in the context of the takeover by Baufi24. LoanLink, known for its CRM platform FinLink, will be integrated into the Baufi24 Group as a subsidiary in the course of this M&A transaction. The parties involved have agreed not to disclose further details of this deal. Through this acquisition, Baufi24, a construction finance broker operating mainly locally, is expanding its digital customer advisory services and strengthening its position in the market. A team led by SMP partner Stephan Bank has been supporting LoanLink in all legal matters since its angel financing round. The merger with Baufi24 was mainly advised by a Hamburg-based team led by partner Jörn Wöbke.

The mortgage broker Baufi24 offers extensive information on the subject of real estate financing and compares the offers of over 450 providers. Founded in 2006, the company is now the contact point for over 3 million interested parties every year. The consultants in the nationwide offices support future homeowners on their way to owning their own home and develop the financing strategy for them.

LoanLink is a Fintech company based in Berlin, which is known predominantly for its core product FinLink, a CRM platform for financial service providers. The software solution was launched in 2019 in the form of a platform and enables financial intermediaries to digitalize their everyday work. Loan-Link GmbH was founded in August 2017 by Başar Canıperk and Gernot Schusser.

About SMP
SMP is a boutique law firm for tax and business law which is active in the core fields of Tax, Funds, Corporate, Litigation and Transactions. The attorneys and tax specialists at SMP represent a broad client base, which ranges from emerging technology companies and family-run SMEs to large corporations as well as private equity and venture capital funds. Founded in 2017, SMP has become one of the leading players for venture capital, private equity and fund structuring in Germany. The firm and its partners have been recognized nationally and internationally by JUVE, Best Lawyers, Legal 500, Focus and Chambers and Partners. Today, SMP has more than 50 experienced lawyers and tax specialists in three Offices in Berlin, Hamburg and Cologne.

Advisors LinkLoan: SMP
Dr. Jörn Wöbke (Lead) (Corporate), Partner
Dr. Stephan Bank (Lead) (Corporate), Partner
Dr. Malte Bergmann (Tax), Partner
Dr. Dennis Rasch (Corporate), Associate