Berlin, January 2, 2024 – YPOG advised venture capital investor Partech on the €95 million Series E
financing round of Urban Sports Club. The financing was led by growth investment firm Verdane.
Existing investors who also participated in this round include VC firm HV Capital, b2venture and
ProSiebenSat1.
Urban Sports Club was founded in 2012 by Benjamin Roth and Moritz Kreppel and has developed into one of Europe's leading providers of sports and wellness services. Based in Berlin, the company offers its members access to sports and wellness activities at over 11,000 different locations.
The new capital will allow the sports start-up to focus more on its international expansion. Outside of Germany, the company is active in the Netherlands, France, Belgium, Spain and Portugal. Urban Sports Club is now planning to offer its B2B business in Austria soon.
The team around Tim Schlösser has already advised Partech in the past, e.g. on its initial investment in Urban Sports Club and subsequent financing rounds, as well as the €38 million financing round of
elopage.
Team
Dr. Tim Schlösser (Lead, Transactions), Partner, Berlin
Barbara Hasse (Transactions), Associate, Berlin
About Partech
Partech is a global investment firm with offices in San Francisco, Paris, Berlin and Dakar. Partech brings together capital, operational experience and strategic support for entrepreneurs at the seed, venture and growth stages across multiple continents and has over $1.5 billion in assets under management.
Investments range from $200,000 to $50 million across a broad spectrum of technologies and
businesses from software, digital brands and services to hardware and deep tech in all major industries. Partech-backed companies have completed more than 20 IPOs and more than 50 strategic exits totaling more than $100 million.
About us
YPOG stands for You + Partners of Gamechangers – forward-thinking legal and tax advice. Supporting companies that are focused on emerging technologies, YPOG embraces change as an opportunity to develop cutting-edge solutions. The YPOG team offers comprehensive expertise in the areas of Funds, Tax, Transactions, Corporate, Banking, Regulatory + Finance, IP/IT/Data Protection, Litigation, and Corporate Crime + Compliance + Investigations. YPOG is one of the leading law firms in Germany for venture capital, private equity, fund structuring, and the implementation of distributed ledger technology (DLT) in financial services. Both the firm and its partners are regularly recognized by renowned national and international publications such as JUVE, Best Lawyers, Chambers and Partners, Leaders League, and Legal 500. YPOG is home to more than 150 experienced attorneys, tax advisors and tax specialists as well as a notary, working across offices in Berlin, Hamburg, Cologne, and Munich.
Further information: www.ypog.law/en/ and www.linkedin.com/company/ypog
