Berlin — Software company Jobpal has sold all its shares in the company to US-based HR tech provider SmartRecruiters. SmartRecruiters is tapping into the robot-driven recruitment process automation (RPA) market through the acquisition. The parties have agreed not to disclose the purchase price. An SMP team led by partner Malte Bergmann, photo, advised on the exit together with UK law firm Withers.
Founded in 2016 as a startup by a German team, Jobpal is a software company developing on AI-powered chatbots that automate communication between employers and applicants. Jobpal currently employs around 25 people.
SmartRecruiters is a recruiting software provider headquartered in San Francisco with additional locations in Poland, Germany, UK and France. The company was founded in 2010 by Jerome Ternynck.
SMP is a specialist tax and commercial law firm operating in the core areas of corporate, funds, litigation, tax and transactions. SMP attorneys and tax advisors represent a wide variety of clients. These include emerging technology companies and family-run medium-sized enterprises as well as corporations and private equity/venture capital funds. Since its foundation in 2017, SMP has become one of the leading addresses for venture capital, private equity and fund structuring in Germany. The firm and its partners have been recognized nationally and internationally by JUVE, Best Lawyers, Legal 500, Focus, and Chambers and Partners. Today, SMP employs over 50 experienced lawyers and tax advisors in three offices in Berlin, Hamburg and Cologne. www.smp.law
Consultant Jobpal: SMP
Dr. Malte Bergmann (Lead Partner, Taxes), Partner
Dr. Benjamin Ullrich (Corporate, M&A), Partner
Ann-Kristin Lochmann (Taxes), Senior Associate