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YPOG advises the shareholders of Vimcar on the sale to Battery Ventures

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Berlin/Cologne – YPOG comprehensively advised the shareholders of Vimcar GmbH on the sale of their shares to the global investment company Battery Ventures. 

Battery Ventures will accompany Vimcar as a global partner in the next growth phase with the aim of creating a pan-European provider of digital fleet management. 

The mobility revolution poses significant challenges for companies with their own vehicle fleets. In addition to rising operating costs, they must meet CO2 reduction targets, often by switching to electromobility, while of course ensuring mobility at all times. 

Advisors to the Vimcar shareholders:

Dr. Tim Schlösser (Lead, Transactions, Corporate), Partner
Dr. Malte Bergmann (Tax), Partner
Dr. Benjamin Ullrich (Transactions, Corporate), Partner
Dr. Benedikt Flöter (IP/IT), Associated Partner
Barbara Hasse (Transactions, Corporate), Associate
Dr. Karen Frehmel-Kück (Transactions, Corporate), Senior Associate

 

About Vimcar 

Vimcar, a Berlin-based ScaleUp company, is a leading provider of fleet management software solutions for small and medium-sized enterprises with fleets of up to 200 vehicles. Its SaaS solutions cover all aspects of fleet management - from real-time tracking to theft alerts and route planning. The company's own market-leading digital logbook meets all the requirements of the tax authorities in the DACH region. More than 60,000 customers already drive with Vimcar's award-winning software. Among them are Deutsche Bahn, Allianz, Free Now, Knauf, Koziol and Nippon Seiki. www.vimcar.de

 

About Battery Ventures

Battery Ventures partners with founders and management teams building industry-defining companies in software and services, enterprise infrastructure, consumer technology, health tech, industrial technology and life science tools. Founded in 1983, the firm supports its partners through all entrepreneurial stages, from seed and early stage to growth and buyout. From its offices in Boston, San Francisco, Menlo Park, New York, London and Tel Aviv, Battery Ventures invests globally. www.battery.com

 

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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

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