Capital raise of Vitago AG

We advised Vitago

HSCie Customer

Vitago AG
vitago.de is an Internet-based shop for drugstore articles and a leading provider of health information.

Companies involved

Earlybird Venture Capital GmbH & Co. KG, Hamburg, Germany
Earlybird is an early-stage venture capital company with transnational scope.
www.earlybird.com

Star Ventures, Munich, Germany
Star Ventures is a globally operating private equity firm.
www.star-ventures.com

Advent Venture Partners, London, UK
Advent is a globally-operating venture capital company.
www.adventventures.com

PolyTechnos Venture-Partners GmbH, Munich. Germany
PolyTechnos is a globally-operating venture capital company.
www.polytechnos.com

Casino Guichard-Perrachon SA, Saint-Etienne, France
Groupe Casino, with 9,000 outlets, is a leader in France in the comestible goods business.
www.groupe-casino.com

Transaction

Vitago was founded in 1999. The company carried out a capital increase to finance its growth. It was provided during the second financing round by the existing partners and newcomers, including Earlybird, Advent, Star, Polytechnos and Casino.

Task

HSCie advised on the entire process, including on approaching potential investors and putting together the documents relevant to the transaction. HSCie also drew up the transaction documents, advised on the valuation and the due diligence process, and managed the negotiations.

Year: 2000
Transaction value: 40 m €
Industry: TMT/IT/Internet
Business field: Corporate Finance

Further Transactions