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).

LACORE has advised 3YOURMIND, a Berlin based company, on a successfully closed Series A financing  which included several investors led by Unternehmertum Venture Capital Partners. 3YOURMIND develops and distributes software in the field of 3D print technology. The financing round enables 3YOURMIND to extend its existing business and to expand abroad.

3YOURMIND was advised by Daniel Annoff and Fabian Massenberg (both Corporate).

German Auto Labs GAL, a Berlin-based digital mobility startup has received a new investment from several of its shareholders, including Atlantic Labs. With the new round, GAL continues to develop Chris, the digital assistant for drivers expected to hit the markets in summer 2018.

The founders Holger G. Weiss and Patrick Weissert have managed to bring the company, in short time, to the forefront of digital innovation in the automotive sector. Earlier this year, GAL was awarded the “2017 European Digital Virtual Assistant New Product Innovation Award” by Frost & Sullivan.

LACORE has supported GAL during this investment process, as well as in its prior rounds.

GAL was advised by André Eggert, Yamila Eraso and Fabian Massenberg (all Corporate).

In October 2017, Lacore advised the purchaser, a family office, on the acquisition of a residential real estate portfolio worth close to EUR 45 M. It included eight residential and business properties in the South-East of Berlin with 245 rented units. Parts of the properties were aqcuired through asset deals, others by takeover of property-holding companies, also assuming parts of the existing bank financing. Lacore was responsible for the legal due diligence as well as drafting and negotiating the purchase contract.

Advising lawyers were Dr. Arnd Barnitzke and Dr. Holger Bergbach

Berlin-based Vehiculum mobility solutions GmbH has received funding for two million euros during its seed financing. Main players in this round were venture capital fund Coparion jointly with the insurance group SchneiderGolling as well as Oskar Hartmann, one of the most famous serial founders in Russia.

Vehiculum offers its clients a brokering platform comparing prices between hundreds of leasing providers. Although the platform now only addresses business clients, the private market is within the company’s expansion plans.

Vehiculum started as a pure brokering platform but wants to become the Amazon of the leasing market. Their vision is for clients to enter into leasing contract through the website with just few clicks and have delivered a car to their doorsteps.

LACORE has been advising Vehiculum since its founding, and fully accompanied the company through this process.

Vehiculum was advised by Yamila Eraso and Magda Grünenwald (Corporate).

The owners of the dating platform LOVOO have exited the company to US competitor The Meet Group. The transaction was based an enterprise value of USD 70 million (thereof USD 5 million as earn-out).

Founded in 2012, LOVOO GmbH is one of the most popular dating platforms in Germany, Austria, and Switzerland with 60 million registered and 1.9 million daily active users. The app is also one of the market leaders in France, Spain and Italy. The company employs a total of 97 full-time employees at its headquarters in Dresden and its branch office in Berlin.

The Meet Group, Inc., headquartered in New Hope, Philadelphia, is a NASDAQ-listed company with a portfolio of dating platforms and has, over the past 12 months, already completed two major acquisitions with If(we), the company that operates the Hi5 and Tagged social networks, and the international dating and network platform Skout.

LACORE provided critical advice to the target company LOVOO GmbH in the prior structured sales process as well as in the negotiations and the documentation with a team around Daniel Annoff (Venture Vapital/M&A), Matthias Braun (IP), Magda Grünenwald (Data Protection) and Dr. Ralf Vogt (Employment Law).

The investment vehicle of the eight founders, BAWOGO Ventures GmbH & Co. KG, which had continued to hold all shares in LOVOO GmbH until now, was advised in cooperation with LACORE by Daniel Gubitz and Andreas Scheidle of Munich and London based law firm GLNS; the acquirer The Meet Group, Inc. was advised by a team around Dr. Ulrich Korth of the Frankfurt, Washington and Philadelphia offices of law firm Morgan Lewis.