Noerr advises Deutsche Invest Capital Partners on investment in Habyt

With a team led by Holger H. Ebersberger, Noerr has advised Deutsche Invest Capital Partners GmbH (DI Capital Partners) on an investment in Habyt GmbH. DI Capital Partners has led an investment in a financing round of Habyt GmbH, the global leader in co-living, as part of its Capital Solutions Strategy (DI Capital Solutions).

Since 2017, Habyt has been offering renters standardised, high-end, furnished dwellings in Europe and Asia, primarily under the brands Habyt and Hmlet. The company just recently announced that it would be merging with Common, the leading co-living operator in North America. The combined company will operate more than 30,000 residential units and expects turnover of over €300 million by the end of 2023. The support from DI Capital Solutions is intended to spur the company’s continued growth and global expansion.

The transaction was overseen at DI Capital Partners by Mike Tschirschwitz.

Advisors to Deutsche Invest Capital Partners: Noerr

Lead: Holger H. Ebersberger (partner, Private Equity, Munich)

Private Equity: Daniel Prexler (senior associate, Munich), Julia Hecht (senior associate, Munich); Tobias Thiemann (associate Munich).

Real Estate: Henrik Dornscheidt (associated partner, Dusseldorf), Raphaël Hebecker (associate, Dusseldorf), Fabienne Wendik (associate, Dusseldorf)

Employment & Pensions: Benjamin Jahn (partner, Munich), Danny Meidinger (associate, Munich)

Commercial: Severin Bauer (senior associate, Frankfurt)

Corporate & Financial Litigation: Lena Kowalewski (senior associate, Munich)

Data Protection: Julian Monschke (senior associate, Frankfurt)

Finance: Pinar Turkac-Christmann (Senior Associate, Frankfurt), Sokorei Omar (associate, Frankfurt)

Regulatory: Hendrik Schlutt (counsel, Berlin)