SMP

Transactions

We are experts in the field of alternative investments, particularly private equity and venture capital. We advise our clients on highly complex transactions and on issues and processes that fall within the scope of corporate law. Our clients include not only private equity and venture capital funds, but also up-and-coming tech firms, family companies, business angels and corporations.

Our transaction experts boast excellent connections within the venture capital ecosystem. They have supported many of the largest German equity financing rounds and venture-debt transactions, as well as many prominent exit transactions in the tech sector.

 

Tax Funds Transactions

Track Record Transactions

Members of our tax practice group have recently advised in key roles on the following matters:

VC M&A/PE Company law

VC

Project A Ventures across all fund generations with respect to all investment activities in Europe
e.ventures across all fund generations with respect to all investment activities in the DACH region
Battery Ventures in the GetYourGuide Series C financing round
Greyhound Capital on its investment in N26
Mosaic Ventures for investments in Germany
Union Square Ventures with respect to investment activities in Germany
Greycroft Partners with respect to their investment activities in Germany
METRO Group with respect to several venture capital investment activities in Germany
Vorwerk Ventures with respect to their venture capital investment activities in Germany
Blue Yard with respect to investment activities in Germany
CareCapital with respect to investment activities in Germany
Creandum with respect to investment activities in Germany
June Fund with respect to investment activities in Europe
Linear Ventures with respect to investment activities in Germany
Odysseus Fintech with respect to all investment activities in Germany
FinTechs Raisin (weltsparen), Payworks and Catana  
Securitization platform Crosslend  
Credit scoring company Bonify  
Insurtech company Coya  
US-based LegalTech company LegalZoom with respect to all investment activities in Germany
Bookkeeping AI startup Zeitgold  
HealthTech companies Clue and Qunomedical  
Real estate crowdfunding platform Exporo  
Robotic company Magazino  
Carpooling company Wunder  
EducationTech companies Miamed (Ambos), sofatutor and EIDU  
The Big Data company ParStream until and including the exit
The Stream Processing company Data Artisans  
AI companies Merantix and aiso-lab  
B2C e-commerce (nutrition) platform nu3  
B2C e-commerce (fashion) platform Lesara  
B2C e-commerce (home and living) platform MONOQI  
B2C e-commerce (beverages) platform Flaschenpost  
Retail analytics platform MiNODES until and including the exit
 Retail-Analytics-Plattform MiNODES until and including the exit
 Vertical Brand Horizn Studios
 
Job matching platforms HeyJobs and Zenjob  
Online marketing agencies Stoyo, RCKT and integr8  
   

M&A/PE

Vorwerk Ventures on the sale of HelloFresh
Project A Ventures, Endeit, Jahr Assetmanagement and all other shareholders in Contorion on the sale to Hoffmann Group
Project A Ventures and all other shareholders in MiNODES on the sale of Telefónica Next
Vorwerk Ventures, Omnes and all other shareholders on the sale of Tennis-Point, the B2B sportswear portal, to SIGNA Retail
finanzen.de on the acquisition of Comfort Plan
Project A Ventures
  • on its co-investment with EQT in kfzteile24
  • on its co-investment with Bregal in Onlineprinters
  • on its co-investment with 3i in Lampenwelt
MDAX company Ströer On the acquisition of (i) Statista, (ii) Foodist and (iii) GAN Game Ad Net
LegalZoom, a portfolio company of Permira on the acquisition of LegalBase (distressed M&A)
Khosla Ventures and all other shareholders in big data startup ParStream on the sale to CISCO
All shareholders of Doxter on the sale to Dutch competitor Doctena
GoodsCloud (now: NewStore) on its acquisition of an IT business unit from pepperbill GmbH
freenet on the acquisition of a 25% stake in Sunrise Communications from CVC Capital Partners
Korian on the acquisition of Casa Reha Group from Hg Capital and Advent
Goldman Sachs Capital Partners on its joint venture investment in OIG/CEONA
W Capital on its secondary investment in Brainlab
Project A Ventures, Jahr Assetmanagement and all othe shareholders in Tirendo on the sale to the listed Delticom Group
Linde on the merger with Praxair (treatment of equity awards)
VR Equity Partners on various mezzanine financings and buy-out transactions
Oddo & Cie. on the acquisition of Close Brothers Seydler Bank from Close Brothers
Valovis Bank on the sale of its retail business to Targobank
Brambles Group on the acquisition of Trans Pac
Axel Springer on the acquisition of meinestadt.de
Shareholders in Vertical Media (gruenderszene.de) on the sale to Axel Springer
Shareholders in inconso, the logistics software company on the sale to Körber Group
Shareholders in C1-Gruppe on the sale of six companies to NASDAQ-listed Cognizant Group
Shareholders in Inostics, the biotech diagnostics company on the sale to Sysmex Corp. of Japan
Shareholders in ClickDelivery on the sale to Delivery Hero
   

Company law

We advise listed and non-listed companies as well as board members on all aspects of corporate law, in particular, on corporate governance structures, corporate reorganizations (by way of a merger, spin-off, carve-out etc.), compliance, employee / management incentive schemes, general meetings and all board-related issues such as business judgement rule opinions and board liability issues.

We have a particularly strong track record in advising companies on their transformation into stock corporations (Aktiengesellschaft) and European stock corporations (SE, Societas Europaea). Due to our long-standing expertise with growth companies we have advised many clients on the adjustment of their corporate governance structures in order to meet stock corporation law requirements. As a Deutsche Börse Capital Market Partner we also advise our clients on capital market law and prepare companies for an IPO.

Our team members regularly publish and lecture on matters of corporate law.

Recent deal highlights include (selection):

  • We are advising two leading tech and e-commerce companies on their transformation into a European stock corporation (SE) (by way of a cross-border merger as well as by way of a change of legal form).
  • We are advising a listed company on an envisaged intra-group reorganisation (carve-out).
 
  • We have advised various major growth companies (including, for example, Lesara AG and Coya AG) on their conversion into a stock corporation (Aktiengesellschaft).
  • We have advised Vorwerk Direct Selling Ventures GmbH on the sale of its EUR 68m HelloFresh-share package, including advice on the capital market law aspects of the transaction.
  • We have advised a monistic (one-tier board) SE on its corporate governance structure in the context of its envisaged listing at the New York Stock Exchange.