February 03, 2020 Press

SMP advises Signals on the Acquisition of Circ by Bird

Berlin - Schnittker Möllmann Partners (SMP) advised Berlin-based investor signals Venture Capital in connection with the acquisition of Berlin-based e-scooter provider Circ by US competitor Bird.

The acquisition will result in Bird adding more than 300 employees to its European operations to provide streamlined, sustainable, and safe operations for cities looking to reduce carbon emissions and congestion. Signals initially invested in Circ in January 2019. SMP has been advising the investor since then on the matter.

The advising SMP team on the recent acquisition comprised Martin Schaper, Benjamin Ullrich, and Adrian Haase.