GÖRG advises software specialist ifesca on a financing round of EUR 7.2 million

Munich, 07.10.2021

GÖRG Partnerschaft von Rechtsanwälten mbB advised ifesca GmbH from Ilmenau in Thuringia on a financing round. In total, the IoT company, which develops and offers software products for industry and the energy sector, raised around EUR 7.2 million.

With Linde Material Handling GmbH, a subsidiary of KION GROUP AG, ifesca has won one of the world's leading suppliers of forklift trucks and warehouse logistics as an investor. With a stake of around €5 million and close to 20 percent, the intralogistics group will become the second-largest owner as well as a strategic partner of the software specialist. The KION Group plans to offer ifesca's AI-based software to its own customers as a holistic solution for their energy management.

ifesca's largest investor, bm-t beteiligungsmanagement thüringen, is participating in the current financing round with almost €2.2 million. bm-t invests profitably in start-up teams and companies in Thuringia and thereby finances innovation and economic growth in the Free State.

A GÖRG team led by Munich-based partner Dr Christian Schröder successfully advised ifesca on corporate and antitrust law matters during the financing round.

Advisors ifesca GmbH

GÖRG Partnerschaft von Rechtsanwälten mbB
Dr. Christian Schröder, Partner, M&A/Corporate, Munich (Lead)
Dr. Christian Glauer, Associated Partner, M&A/Corporate/Venture Capital, Munich
Thomas Altmann, Associate, IT/IP, Munich
Dr. Christian Bürger, Partner, Antitrust Law, Cologne
Metehan Uzunçakmak, Associate, Foreign Direct Investment Law (FDI), Cologne

Advisors KION Group

Orth Kluth Rechtsanwälte PartG mbB
Dr. Kai-Michael König, Partner, M&A, Dusseldorf
Dr. Tim Christian Gießelmann, Salary Partner, M&A, Dusseldorf
Dr. Bastian Mehle, Salary Partner, Antitrust/Foreign Trade Law, Berlin
Elisaveta Breckheimer, Salary Partner, IP, Dusseldorf
Felix Meurer, Associate, IP, Berlin
Alexander Falk, Associate, Public Law, Dusseldorf
Katrin Ludwig, Associate, Corporate, Dusseldorf

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