Orrick has advised creditshelf Aktiengesellschaft, a pioneer in the area of digital SME financing in Germany, on the acquisition of Valendo GmbH from finleap.
With the acquisition of Valendo, creditshelf expands its risk analysis tools and its existing product range. The seller is finleap, the Berlin based fintech company builder.
Founded in 2014 and based in Frankfurt, creditshelf designs simple, fast and innovative financing solutions for medium-sized businesses. The pioneer of digital SME financing in Germany has been listed in the Prime Standard of the Frankfurt Stock Exchange since 2018.
Valendo was founded as part of the finleap fintech ecosystem in Berlin, February 2015. Valendo offers innovative financing solutions supported by digital technologies for growing SMEs and acts as a service provider for refinancing partners.
creditshelf was advised by an Orrick team led by M&A and private equity partners Nikita Tkatchenko and Sven Greulich. Sven has been advising creditshelf since its founding in 2014. Orrick also supported the company with its IPO in the Prime Standard of the Frankfurt Stock Exchange in 2018.
The Orrick team also included partners Timo Holzborn (capital markets), Christian Schröder (data privacy IT/IP), Stefan Schultes-Schnitzlein (tax), and André Zimmermann (employment), and managing associate Johannes Rüberg (M&A and private equity).