Noerr advises the European Investment Bank in connection with a growth financing

05.01.2018

Noerr advised the European Investment Bank (EIB) in connection with a growth financing. The Munich-based company eGym GmbH receives a loan from the EIB over 25 million euros. The funds come from the European investment fund EFSI.

eGym develops software-based training solutions on an open cloud platform. Founded seven years ago, the company equips fitness studios and other facilities with devices and app-based applications. More than 200 employees work for customers in Germany and Europe.

For the EIB, a Noerr team led by Dr. Tom Beckerhoff and Michael Schuhmacher advised on the financing aspects of the transaction. A team led by partner Sebastian Voigt advised on the corporate aspects of the transaction.

Insurance companies, pension funds, financial service providers and companies are clients of Noerr's more than 20 consultants comprising banking and finance team. Amongst others, Deutsche Bank, NordLB, BayernLB, Berenberg, Bayerische Versorgungskammer, Deutsche Postbank, Fresenius Medical Care or INEOS regularly rely on Noerr's expertise

Advisors European Investment Bank (EIB): Noerr LLP

Dr. Tom Beckerhoff and Michael Schuhmacher (both Banking & Finance, Frankfurt), Sebastian Voigt (Private Equity), Dr. Romy Fleischer (Corporate, both Dresden)