Hamburg – A YPOG team led by Jörn Wöbke has comprehensively advised German fiber-optics provider Deutsche GigaNetz GmbH on the entry of infrastructure investor DWS. DWS intends to initially invest a mid-three-digit million amount. The existing investor InfraRed Capital Partners will continue to provide equity and remains invested, as does the founding team around CEO Jan Georg Budden. In the medium term, DWS intends to become majority shareholder.
Last year, Deutsche GigaNetz set itself the target of investing €3 billion in fiber-optic expansion within five years and providing one million households, mainly in rural areas, with a fiber-to-the-home (FTTH) connection. The investment by Deutsche Bank's fund subsidiary DWS is aimed at helping the company to meet its original business plan of €3 billion and to enable further growth.
The team led by Jörn Wöbke, whose expertise Deutsche GigaNetz already relied on in the last financing round in 2021, advised on all legal and tax issues..
Advisors Deutsche GigaNetz:
Dr. Jörn Wöbke (Lead, Corporate), Partner
Dr. Malte Bergmann (Tax), Partner
Dr. Emma Peters (Corporate), Senior Associate
Johannes Schmidt (Corporate), Associate
Boris Schinzel (Corporate), Associate
Lukas Schmitt (Tax), Associale
About Deutsche GigaNetz
Headquartered in Hamburg, Germany, Deutsche GigaNetz focuses on infrastructure and IT telecommunications products, in particular the development, construction and operation of high-quality fiber-optic telecommunications networks. The company is committed to a future-oriented Internet infrastructure in Germany and works to provide fast, reliable and cost-effective fiber-optic and high-speed Internet connections. The fiber-optic technology offered by Deutsche GigaNetz is superior to copper or cable networks not only in the areas of data communications and transport. FTTH infrastructures in particular also promise significant energy savings compared with conventional networks.
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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.
