Canva Pty Ltd is an Australian based startup which runs a graphic design platform. With the acquisition of the free stock image website Pixabay, Canva’s design community will be able to discover images from Pixabay and use them in their Canva designs, free of charge. Canva is currently valued at US$2.5 billion.

LACORE’s team supporting this transaction consisted of André Eggert, Sohrab Beheshtipour (both corporate), Alexander Stolz (IP), Magda Grünenwald (data protection), and Dr. Linda Kurta (employment).

LACORE advised YFood Labs GmbH on its latest financing. The Munich based start-up has received around 4 million euros from the Paris-based food investor Five Seasons Ventures, among others.

The former investment bankers Noel Bollmann and Benjamin Kremer founded YFood in May 2017 and sell liquid meals in supermarkets and drugstores as well as online.

YFood was advised by André Eggert and Magda Grünenwald (Corporate).

LACORE is proud to have advised ubitricity, a Berlin-based and a Global Cleantech 100 listed company that provides residential on-street charging solutions and infrastructure for electric vehicles, on its Series C financing round. In this round, in addition to the existing investors, the multinational corporation Honda invested.

LACORE has advised ubitricity since its early stage. Natalie Vahsen together with André Eggert, Yamila Eraso and Sohrab Beheshtipour (all corporate) advised the company in the negotiation and closing of this successful transaction.

Travis CI GmbH, a Berlin-based market leader in the continuous integration solutions market since 2011 has been successfully acquired by Idera, Inc., a global company for B2B software productivity tools.

Travis CI grew out of the open source community and supports more than 700,000 developers worldwide to build and test software applications. Their customers include IBM, Schibsted, and Zendesk, among many others. Travis CI is the leading CI solution providing enhanced features, performance, and support to projects and teams of all sizes. Due to its integration with most other tools in the software development lifecycle, this platform is extremely popular with developers and highly complementary to Idera’s portfolio and ability to scale software businesses to the next level.

LACORE has continuously advised Travis CI GmbH in the past. In the acquisition process LACORE acted as the exclusive legal advisor to the five shareholders of Travis CI GmbH during the negotiation and finalization of the acquisition agreement.

LACORE’s team supporting this transaction consisted of André Eggert, Yamila Eraso (both corporate), Magda Grünenwald (corporate, IP, data protection), Matthias Braun, Paula Deus (both IP) and Dr. Melanie Lahr (employment).

LACORE has advised ACCENTRO Real Estate AG, one of Germany´s leading firms in the field of privatization of residential buildings, on its business joint venture for a portfolio comprising 567 residential units. The transaction was made within the framework of two share deals. The 26 residential buildings with an overall space of 44,000 sqm are all located in the centre of the German capital. ACCENTRO will act as exclusive sales partner for the entire portfolio.

Advisors: Dr. Arnd Barnitzke (Real Estate), Dr. Holger Bergbach (M&A)

Du Mont Business Information has acquired all shares in the the leading servicer for public and commercial tender, DTAD Deutscher Auftragsdienst AG (DTAD).The Berlin based company is a leading in its market in Germany, Austria and Switzerland. DTAD publishes more than 600,000 tender and construction projects per annum and operates Germany’s biggest data base for companies and tender offerors.

LACORE advised the stockholders of DTAD in this exit transaction.

Counsels have been

André Eggert Fabian Massenberg

LACORE has advised the Berlin based care services startup Care Companion GmbH (Careship) with a new investment of six million Euro in a Series A ext. Round. Lead investor of this investment round is the European investor Creandum, who has invested in Spotify in the past. The Munich based investor Ananda Ventures also joined as new investor. Furthermore the exisiting investors have joined as well.

The siblings Antonia and Nikolaus Albert have founded the startup in 2015 and have been advised by LACORE since shortly after.

Careship was adivised by André Eggert and Magda Grünenwald (Corporate).

Dr. Neumann-Wolff Group continues its growth course and has taken over the business of Arti Kalender & Promotion Service GmbH from Herzebrock-Clarholz as part of a transferring restructuring. The acquisition will allow 71 of the original 121 jobs to be retained.

Dr. Neumann-Wolff Group has existed for more than 65 years. The Group comprises the companies and brands ALPHA Edition, DUMONT, PALAZZI, teNeues and Zettler Kalender.

LACORE advised Dr. Neumann-Wolff Group with regard to the negotiations and implementation of the transaction.

For LACORE: Ole Nieke (corporate /M&A) and Dr. Ralf Vogt (employment law).

LACORE has advised COMATCH, a berlin based company, on a successfully signed Series B financing which included existing investors Atlantic Labs and btov Partners led by Acton Capital Partners. COMATCH operates an online platform for the brokerage of consultancy services. The financing round enables COMATCH to extend its existing business.

COMATCH was advised by Natalie Vahsen, Fabian Massenberg and Mario Hopp (all Corporate).

LACORE has advised Goodminton, a Berlin based company, on a Series C financing round in which in addition to the existing investors btov Partners and Ringier Digital Ventures also the New Zealand based dairy producer Fonterra participated. Goodminton is a holding company that distributes various sports nutrition and dietary products via its subsidiaries, including Foodspring GmbH. The transaction is still subject to approval by the German Federal Cartel Office.

Goodminton was advised by Natalie Vahsen, Fabian Massenberg, Mario Hopp (all Corporate) and Magda Grünenwald (IP/Data Protection).