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m law group advises TIME Investors in series C investment in Adscale GmbH

07.06.2010

m law group, the Munich technology law firm, advises TIME Investors in its Series C investment in AdScale GmbH.

TIME Investors, a Paris based specialized investment firm providing strategic support to European Telecom, Internet, Media mid-sized companies, is investing more than 5 million euros in AdScale (www.adscale.de) and is thus expanding the circle of existing investors, beyond the European Founders Fund and Holtzbrinck Ventures. AdScale is one of the leading marketplaces for online advertising in Germany. The funds shall be used to internationally expand the business of AdScale.

m law group advised TIME Investors in all legal aspects of the transaction.

Counsel to TIME Investors:
m law group, Munich: Rainer Kreifels (Corporate, Lead Partner), Dr. Florian Anselm (Corporate), Dr. Stephan Appt, LL.M. (IP) and Axel A. Heltzel, FA f. Arbeitsrecht (Labor and Employment).

Counsel to AdScale GmbH and Existing Shareholders:
Noerr LLP, Berlin: Dr. Sascha Leske, LL.M., Dr. Tibor Fedke, LL.M., Dr. Benedikt von Wissel.

Counsel to Holtzbrinck Ventures GmbH:
Inhouse: Andreas Wisser (General Counsel).

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Practice Areas: Start-up & Venture Capital, Corporate & Compliance, Labour & Employment
Industry: Information and Communication Technology