Motive Partners acquires FinTech VC platform embedded/capital

Frank­furt — Gibson, Dunn & Crut­cher LLP has advi­sed Motive Part­ners, a private equity firm specia­li­zing in buil­ding, support­ing and acqui­ring FinTech compa­nies, on its acqui­si­tion of embedded/capital GmbH, a leading Euro­pean venture capi­tal plat­form focu­sed on support­ing the next wave of FinTech inno­va­tion. The parties have agreed not to disc­lose the purchase price. The closing of the tran­sac­tion is subject to custo­mary condi­ti­ons. The acqui­si­tion is expec­ted to close in Janu­ary 2023.

Motive Part­ners is a specia­li­zed private equity inves­tor that brings toge­ther inves­tors, opera­tors and inno­va­tors to build, support and buy the tech­no­logy compa­nies that enable the finan­cial economy. Motive invests in tech­­no­­logy-enab­­led finan­cial and busi­ness services in North America and Europe at all stages. Motive has offices in New York and London and, with more than 220 employees, mana­ges appro­xi­m­ately $4.8 billion in assets through its two invest­ment programs, Motive Ventures (early stage) and Motive Capi­tal (growth and buy-out).

embedded/capital, based in Berlin and foun­ded in 2021, specia­li­zes in finan­cial tech­no­logy start­ups in embedded finance, web3 and fintech products. Its port­fo­lio includes nine invest­ments to date, inclu­ding Bezahl.de, Bunch, Februar.co, Getquin, Hero, Luca, Myne, Nelly and Pliant. The embedded/capital team is led by Ramin Niro­u­mand and Michael Hock.

The Gibson Dunn team was led by Frank­furt PE and M&A part­ner Dr. Dirk Ober­bracht and included Funds part­ner A.J. Frey (Washing­ton, D.C.) and asso­cia­tes Dr. Mattias Prange and Bastiaan Wolters (both Frank­furt). The team also included asso­cia­tes Yannick Ober­acker (Munich) and Curtis B. Vella (New York), London asso­ciate Martin Coom­bes and coun­sel Cait­lin Cornell (New York). Part­ners Dr. Hans Martin Schmid (Munich) and Brian W. Kniesly (New York) advi­sed on tax aspects, and Munich part­ner Dr. Mark Zimmer advi­sed on employ­ment law aspects. Asso­cia­tes Jan Voll­kam­mer and Linda Vögele (both Frank­furt) advi­sed on anti­trust law.

About Gibson Dunn
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