Orrick advised Frankfurt-based fintech company creditshelf, a pioneer in the digital financing of medium-sized companies in Germany, on today’s listing in the Prime Standard of the Frankfurt Stock Exchange. creditshelf Aktiengesellschaft has placed 206,250 shares in creditshelf with investors at a fixed price of EUR 80.00 per share.
creditshelf is a pioneer of online market place lending for the small and medium-sized enterprises (SME) segment in Germany, connecting borrowers and investors through a fast and easy-to-use online platform. Founded in 2014, creditshelf considers itself the market- and technology leader in the fast-growing German online direct lending segment for SME loans.
creditshelf Aktiengesellschaft was advised by a Germany-based Orrick team led by M&A and private equity partner Sven Greulich together with capital markets partner Timo Holzborn and M&A and private equity partner Christoph Rödter. Sven Greulich has been supporting creditshelf since their business formation in 2014; he regularly advises founders and investors on national and cross-border technology transactions. "We would like to thank Sven and his team from Orrick for their tireless efforts over the last months and our great longstanding partnership," said Dr. Tim Thabe, CEO of creditshelf Aktiengesellschaft.
In the context of the IPO, Creditshelf received further legal support from Berlin-based law firm WAGNER Arbitration (lead partner Joseph Schwartz).
The Orrick team also included partners André Zimmermann (employment), Christian Schröder (data privacy IT/IP), Stefan Schultes-Schnitzlein (tax), Till Steinvorth (compliance), Nikita Tkatchenko (M&A and private equity), managing associates Johannes Josef Rüberg (M&A and private equity), Andrea Köhler (M&A and private equity), Bernhard Schmaderer (M&A and private equity), as well as associates Vanessa Sousa Höhl (M&A and private equity), Robert Weinhold (data privacy IT/IP), Louisa Kallhoff (employment), Julius H. Schradin (compliance), Julia Schmitz (M&A and private equity), Onur Öztürk (M&A and private equity), Olexiy Oleshchuk (capital markets) and Katie Cotton (capital markets).