Berlin – A YPOG team led by partner Benjamin Ullrich provided comprehensive legal advice to venture capital firms Atomico, La Famiglia and Visionaries on the sale of their portfolio company arculus GmbH to intralogistics Group Jungheinrich AG. Automation in production is a major growth driver for forklift manufacturer Jungheinrich. Therefore the acquisition of Munich-based arculus, a company that operates in the autonomous mobile robots (AMR) sector, was a strategic step to open up key future fields in automated warehouse logistics. arculus focuses on AMR, modular production platforms and software solutions for mobile automation with its experienced team of hardware and software specialists at its sites in Munich, Ingolstadt, Stuttgart and Dresden. Many renowned automotive manufacturers and industrial clients from various other sectors are among arculus’ clients. The companies are silent about the purchase price.
YPOG already provided comprehensive legal advice to Atomico on its first investment in Arculus in the latest funding round in May 2020.
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About Atomico
Atomico invests in ambitious tech founders at Series A and beyond with a particular focus on Europe, leveraging deep operational experience to supercharge their growth. Founded in 2006, Atomico has partnered with over 100 ambitious teams - including those at Klarna, Supercell, Graphcore, Compass, MessageBird, Masterclass, Attentive Mobile, Pipedrive and Hinge Health. Atomico's team of founders, investors and operational leaders have been responsible for global expansion, hiring and marketing at companies from Skype and Google to Twitter and Uber. The firm currently has $4 billion in assets under management.
About La Famiglia
La Famiglia is a venture capital fund backing strong early and growth-stage technology startups that enable or disrupt established industries. The team invests across sectors such as insurance, logistics & procurement and manufacturing and has a horizontal focus on the future of work and sustainability. Examples of prominent Seed investments include Forto (Berlin), Personio (Munich) and Deel (San Francisco), all of which surpassed the €1 billion valuation mark. La Famiglia has built a unique family of thought leaders around the fund, creating lasting connections within a tight-knit circle of founders, investors and new and old economy industry leaders.
About Visionaries
Visionaries Club is a Berlin-based early-stage VC fund backed by leading European digital founders and family business entrepreneurs. The funds belief is that leveraging its investors' knowledge and access is the best support it can provide to entrepreneurs in their Seed and Early Growth stage to help them take their companies to the next level. Visionaries Club is divided into two micro funds: A (pre) seed stage fund leveraging its unicorn and digital founder LP network for very early and exclusive access to the most promising entrepreneurs across Europe. A second, separate Early Growth fund leveraging especially the fund's industrial LP network is intended to support the most promising European B2B companies in their early growth stage from Series B onwards with global reach and scale.
About arculus
Founded in 2016, arculus is a leading provider of complete solutions for planning, implementation and management of automated logistics and modular production systems. arculus’ portfolio includes the arculee line of autonomous mobile robots, the arculus Fleet software, arculus Warehouse (goods-to-person logistics) and arculus Modular Production (dynamic product flow).
About Jungheinrich
Founded in 1953, Jungheinrich ranks among the world’s leading solutions providers for the intralogistics sector. With a comprehensive portfolio of material handling equipment, automatic systems and services, Jungheinrich is able to offer customers tailored solutions for the challenges posed by Industry 4.0. The Hamburg-based Group is represented worldwide in 40 countries with its own direct sales companies and in approximately 80 other countries through partner companies. Jungheinrich employs 18,000 people worldwide and generated Group revenue of €3.81 billion in 2020. The Jungheinrich share is listed on the SDAX.
Advisors Atomico, La Famiglia und Visionaries:
Dr. Benjamin Ullrich (Lead/Transactions), Partner
Emma Peters (Transactions), Senior Associate
About us
YPOG is a law firm specialized in tax and business law, active in the core fields of Funds, Tax, Banking + Finance, and Transactions. The team at YPOG represents a broad client base, which ranges from emerging technology companies and family-run SMEs to large corporations, as well as private equity, and venture capital funds. YPOG is one of the leading advisors for venture capital, private equity, and fund structuring in Germany. The firm and its partners have been recognized nationally and internationally by JUVE, Best Lawyers, Legal 500, Focus, Chambers and Partners as well as Leaders League. Today, YPOG has more than 150 experienced attorneys, tax advisors and tax specialists and a notary, in four offices, located in Berlin, Hamburg, Cologne, and Munich.
