Deals/M&A

PwC Legal advises Tier Mobility on Seed and subsequent Series A financing round of approx. EUR 27m

Nuremberg, 26th October 2018

PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal) has provided comprehensive legal advice to Tier Mobility GmbH on a Seed and subsequent Series A financing round. The investors Speedinvest and Point Nine Capital already participated in the course of the Seed Investment, whereby lead investor Northzone  and Kibo Ventures joined as new investors within the Series A financing round. With the newly raised funds, the Berlin based start-up plans to expand its business to further European cities after the launch of Tier in Vienna in October.

Tier Mobility GmbH was only recently founded in July 2018 and created an eScooter sharing platform to provide electric scooters in urban areas. Its founding shareholders include ReBuy founder Lawrence Leuschner as well as Julian Blessin and Matthias Laug.

Advisors to Tier Mobility GmbH:

PwC Legal (Nuremberg):

Gerhard Wacker (Lead), Klara Körber, Raffael Cammareri (all Corporate / M&A)

Advisors to Northzone:

BLP – Berwin Leighton Paisner (Germany) LLP:

Dr. Albrecht von Breitenbuch (Lead), Nora Wunderlich (both Real Estate & Corporate Finance)

About PwC Legal Business Solutions:

In our global, rapidly changing business world, cooperation, restructuring, transactions, financing and social responsibility are topics that increasingly concern our clients. They need legal certainty for a wide range of complex tasks. That is why we advise them holistically and in close cooperation with PwC’s tax, human resources and finance experts and our international legal network in over 100 countries. Whether a globally active company, a public corporation or a wealthy private individual, every client has a personal contact at our firm who supports them responsibly in all matters of commercial law. In this way, we help our clients to secure their economic success in the long term.

PwC Legal Business Solutions in Germany. More than 370 lawyers at 18 locations. Integrated, tech-powered legal advice.

About PwC:

At PwC, we help clients build trust and reinvent so they can turn complexity into competitive advantage. We’re a tech-forward, people-empowered network with more than 370,000 people in 149 countries. Across audit and assurance, tax and legal, deals and consulting we help build, accelerate and sustain momentum. Find out more at www.pwc.com.

In this document, PwC Germany refers to PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, which is a member firm of PricewaterhouseCoopers International Limited (PwCIL). Each member firm of PwCIL is a separate and independent legal entity.

The term PwC refers to the PwC network and/or one or more of the legally independent network companies. Further details can be found at www.pwc.com/structure.

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