Mandate

Gleiss Lutz advises Goldman Sachs on the acquisition of stake in Mister Spex

Gleiss Lutz has advised US investment bank Goldman Sachs on the acquisition of a stake in the online eyewear retailer Mister Spex.

Goldman Sachs participated as main investor in the latest financing round of Mister Spex completed early this year. Goldmann Sachs now holds 20 percent of shares, making it one of the company’s main shareholders. It is one of the largest venture capital funding rounds completed in Germany in the past twelve months.

Mister Spex intends to use the capital raised to expand its business in Germany and abroad. It also means to strengthen its logistics and broaden its partner network of opticians. The company currently has over a million customers, and operates in Germany, Scandinavia, Austria, France and Spain. Mister Spex has been experiencing double-digit growth in sales revenues over the past few years.

Goldman Sachs was advised by the following team of Gleiss Lutz lawyers: Dr. Jan Bauer (Frankfurt), Dr. Jan Balssen (Munich, both lead, partners); Dr. Rüdiger Schmidt-Bendun (Frankfurt), Dr. Carolin van Straelen (Munich), Lars Jeschke (Frankfurt, all corporate/M&A); Dr. Stefan Weidert (partner), Dr. Martin Hossenfelder (both IT, Berlin); Dr. Ingo Brinker (partner), Dr. Iris Benedikt-Buckenleib (both competition/antitrust, Munich); Dr. Jens Günther (partner, Munich), Muriel Kaufmann (Stuttgart, both employment); Frank Schlobach, Patrick Steinhausen (both finance, Frankfurt); Dr. Burghard Hildebrandt (partner), Dr. Jacob von Andreae (both public law, Düsseldorf); Dr. Christian Hamann (counsel, data protection, Berlin).

Gleiss Lutz regularly advises domestic and international private equity firms on investing in promising companies, including in the venture capital sector.

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