Taylor Wessing advises Vaamo on acquisition by Moneyfarm
Frankfurt a. M. — German fintech company Vaamo Finanz AG, an online asset manager based in Frankfurt, has joined forces with British competitor Moneyfarm to form a close cooperation. In this context, Moneyfarm has acquired all shares in vaamo. International law firm Taylor Wessing, led by Frankfurt-based partner Dr. Lars-Gerrit Lüßmann, provided legal advice to vaamo on the transaction.
vaamo and Moneyfarm want to build a pan-European offering in the field of digital asset management together. Together, vaamo and Moneyfarm are active in three markets and can bundle market knowledge and experience through the acquisition. Dr. Thomas Bloch (photo r.) and Dr. Oliver Vins (photo l.), founders of vaamo, join the board of Moneyfarm.
vaamo is a digital asset manager with the goal of providing customers with simple, transparent and cost-effective access to the capital market and the vision of making private asset investment better and easier. The asset manager offers a wide range of products to assist customers with wealth management issues — in particular through the sale of insurance and capital market products. vaamo has been on the market since 2014 and was the first independent online asset manager in Germany at the time. vaamo has been advised by Taylor Wessing in its financing rounds since its inception.
Legal advisors vaamo: Taylor Wessing
Dr. Lars-Gerrit Lüßmann, Michael Sinhart (both lead), Li Alena Oppenauer (all Corporate, Frankfurt), Dr. Bert Kimpel (Tax, Düsseldorf)
About Taylor Wessing
Taylor Wessing is the corporate name of a number of law firms that provide advice and services to clients worldwide, as well as other entities affiliated with them. Each law firm is a separate and independent legal company or partnership and at the same time a member of the Taylor Wessing Association or affiliated with such a member. With more than 1,100 lawyers in 32 offices* in Europe, the Middle East and Asia, as well as two representative offices in the US, we provide market-leading integrated legal advice to our clients from the world’s most dynamic and forward-looking industries.