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Holtzbrinck gains majority stake in Myphotobook

29.07.2007

Verlagsgruppe Georg von Holtzbrinck, Stuttgart/Germany, gains via Holtzbrinck Networks majority stake in Myphotobook, Berlin/Germany.  

The European Founders Fond of the Samwer brothers, who became known as the founders of Jamba!, is also investor of the photo service provider. A part of the shares remains in posession of the founders of Myphotobook, thereunder Jan Christoph Gras as well as other shareholder.  

Myphotobook offers a software to create own, hard- or softcover photobooks in by now 15 countries. The Cartell Office has yet to approve the acquisition (Simone Bocksrocker).  

m law group, founded in 2007 as a spin-off from WilmerHale (JUVE 02/07), regularly advises Holtzbrinck.  

Noerr also adviced Myphotobook repeatedly: Pleister and his team was already involved in the first financing round.  

Counsel to Holtzbrinck:
m law group: Dr. Hubert Besner (M&A), Dr. Florian von Baum (IT/IP), Diana Massa (M&A), Stephan Appt (IT/IP)
Inhouse (Stuttgart): Dr. Anka Reich  

Counsel to excistion shareholder of Myphotobook:
Nörr Stiefenhofer Lutz (Berlin): Dr. Christian Pleister, Dr. Thorsten Reinhard, Dr. Sascha Leske, Dr. Tim Lanzius; Kolja Dörrscheidt (all Corporate), Jessica Loew (IP)

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(in German only)

Author: Dr. Hubert Besner
Practice Areas: Mergers & Acquisitions, Business & Technology Transactions
Industry: Information and Communication Technology