Berlin — SMP advi­sed Berlin-based venture capi­ta­list Project A on its invest­ment in health­tech company Wind­star Medi­cal. Toge­ther with London-based private equity inves­tor Oakley Capi­tal, Project A inves­ted in the Wert­heim-based provi­der of health­care products, whose mission is to deve­lop compa­nies and brands in the exten­ded health­care market and support them in their expan­sion. The parties have agreed not to disc­lose details of the tran­sac­tion. Compre­hen­sive legal and tax advice was again provi­ded to Project A by an SMP team. SMP has alre­ady supported the early-stage inves­tor in a large number of invest­ments in Germany and abroad and has laun­ched three fund gene­ra­ti­ons for him. Tim Schlös­ser and Malte Berg­mann took the lead for this mandate.

Project A

Project A is one of the leading venture capi­tal firms in Europe, based in Berlin, with bran­ches in Munich and London. In addi­tion to $500M in capi­tal under manage­ment, Project A provi­des opera­tio­nal support services to its port­fo­lio compa­nies: this includes more than 110 employees in soft­ware deve­lo­p­ment, busi­ness intel­li­gence, marke­ting, recrui­ting and many others. Project A was named Germany’s best VC by Busi­ness Insi­der 2020 maga­zine. Since its foun­ding in 2012, Project A has supported more than 60 start­ups in 12 count­ries. The port­fo­lio includes compa­nies such as Cata­wiki, World­Re­mit, Home­day, Spry­ker, senn­der, KRY, Trade Repu­blic or Voi.

Oakley Capi­tal

Oakley Capi­tal is a private equity inves­tor based in London and Munich. The company was foun­ded in 2002 by Peter Dubens with the goal of crea­ting a funding part­ner that under­stands the needs of foun­ders and invests time, expe­ri­ence and capi­tal to help them grow and succeed. Oakley Capi­tal supports compa­nies in a variety of indus­tries throug­hout Western Europe, prima­rily in the tech­no­logy, consu­mer and educa­tion sectors.

Wind­star Medical

Wind­star Medi­cal is one of the leading provi­ders of non-phar­­macy health­care products. High-quality dietary supple­ments, medi­cal devices and over-the-coun­­ter medi­ci­nes enter drugs­to­res, super­mar­kets and discount stores through Wind­star. Windstar’s port­fo­lio includes over 500 items, inclu­ding both its own brands and a variety of private labels. Wind­star supports its custo­mers throug­hout the entire process, from the deve­lo­p­ment of the product to its launch. Wind­star employs around 100 people at three loca­ti­ons in Germany. The head­quar­ters and admi­nis­tra­tive head­quar­ters of the health­tech company are loca­ted in Wehrheim.

About SMP

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 are natio­nally and inter­na­tio­nally ranked 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.

Consul­tant Project A: SMP

Dr. Tim Schlös­ser (Co-Lead, Corpo­rate), Partner
Dr. Malte Berg­mann (Co-Lead, Tax), Partner