Berlin – A YPOG team led by Tim Schlösser advised venture capital investor Project A Ventures on its latest co-investment in NWT Group. Project A thus joins KLAR Partners as a growth partner of the leading solar energy service provider in Germany.
The company's focus is on accelerating Germany's transition to renewable energy. NWT Group offers design and procurement services to a broad network of installers operating in the German solar rooftop market. In 2021, the company reported revenues of more than €50 million.
With its global unit of 140 functional digital experts, Project A will support NWT in scaling its business and processes to meet the growing demand for sustainable, clean energy in Europe.
Advisors Project A Ventures:
Dr. Tim Schlösser (Lead, Transactions), Partner
Barbara Hasse (Transactions), Associate
Dr. Malte Bergmann (Tax/Transactions), Partner
About Project A Ventures
Project A is one of the leading tech investors in Europe with offices in Berlin and London. In addition to $1bn assets under management, Project A supports its portfolio companies with a platform team of over 140 functional experts in key areas such as software and product development, business intelligence, brand, design, marketing, sales and recruiting. The venture capital firm was founded in 2012 and has backed more than 100 startups. The portfolio includes companies such as Trade Republic, WorldRemit, sennder, KRY, Spryker, Catawiki, Unmind and Voi.
About NWT Group
NWT Group is a leading service provider in German rooftop solar, and offers best-in-class design and procurement services for a broad installer network. The business has approximately 50 employees and is headquartered in Germany. The company benefits from close customer relationships in a high-growth market contributing to European energy independence. In 2021, the Group delivered more than EUR 50 million of sales.
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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