BOP advises angel investor on three legal-tech businesses’ financing rounds
In the first quarter of 2016, BRANDHOFF OBERMÜLLER PARTNER advised an investor on his participation as a business angel in three of the leading German legal business start-ups. All three legal-tech startups successfully completed their first second-stage financings. They had already received seed financing in 2014 and 2015. Two of the legal-tech companies offer internet platforms which bring together buyers of legal services with a database of specialist lawyers. Algorithms evaluate the information regarding lawyers’ specialisations and then come up with the optimal match of demand and supply of legal services. One of the two legal marketplaces also provides standardised legal products at a fixed price. The third company is in the field of automated application of the law. The software was developed in-house and addresses legal issues in certain areas of the law, without a lawyer.
BRANDHOFF OBERMÜLLER PARTNER advised the angel investor on the participation agreement and the capital increase.
Having already advised a financial investor on his private equity participation in a FinTech business, the firm is continuing to build on its expertise in the field of digital technologies, in particular in the areas of financial technology, regulatory technology, compliance technology, and legal technology.
Using their specialist knowledge, BRANDHOFF OBERMÜLLER PARTNER offers practical value added in M&A transactions and the legal and tax aspects surrounding the digitisation of the economy (robotics, automation, 3D printing, intelligent data analysis, block chain, smart data, smart service world, IT-aided optimisation of business processes and product standardisation).
The firm’s legal and tax partners are Dr. Jochen Brandhoff, Stephan A. Richter and Prof. Dr. Falko Tappen, Kaiserstraße 53, D-60329 Frankfurt, info(@)bop.legal, www.bop.legal, Tel: +49 (0)69 34 87 92 00.