Schoenherr, working with WSS Redpoint, has advised Ancla Logistik on its merger with Logsta and the simultaneous conversion of existing revenue-based venture debt provided by Round2 Capital to Logsta. Brandl Talos, working with Ypog advised Logsta. Herbst Kinsky reportedly advised Round2 Capital.
According to Schoenherr, "through this merger, Ancla and Logsta aim at becoming the largest direct-to-consumer fulfillment provider in Europe. Together the firms employ more than 600 people in nine different locations in Germany, Austria, the UK, France, and the USA, and handle more than 4 million shipments annually."
Founded in 2006, Ancla is a German owner-managed logistics company. Logsta is an Austrian logistics company. Round2 provides financing to European digital business models.
The Schoenherr team advising Ancla was led by Partners Thomas Kulnigg and Christoph Moser and included Attorneys-at-Law Andreas Lengger and Angelika Fischer.
The Brandl Talos team included Partner Roman Rericha and Attorney-at-Law Adrian Zuschmann.
Editor's Note: After this article was published, Herbst Kinsky confirmed it had advised Round2 Capital. The firm's team was led by Attorney-at-Law Johannes Frank and included Associate Irmgard Nemec.
