Pinsent Masons advises on financing of Germany's leading digital insurer
18 Mar 2019 | 09:27 am |
International law firm Pinsent Masons has advised GMPVC German Media Pool GmbH, Germany's leading independent media-for-equity investor, on the financing round of 39 million euros in FRIDAY Insurance S.A. alongside SevenVentures.
In addition to GMPVC, SevenVentures, the investment arm of ProSiebenSat1. Media SE, also participated. Baloise Group, a Swiss insurance group which is the founder and majority shareholder of FRIDAY, is also investing 75 million euros. The investment round will stimulate future growth and support further product development.
German Media Pool brings together FRIDAY media companies across television, radio, out-of-home and print. SevenVentures enables FRIDAY to publicize its products in the ProSiebenSat.1 Group's advertising environments, which have a far reach and are targeted at specific groups.
GMPVC's investment focus is primarily on consumer companies with a fully-developed product portfolio, which use media services to increase sales and establish their distinctiveness through branding. The portfolio of German Media Pool includes startups such as ABOUT YOU, momox, Home24, Alphapet, Marley Spoon, LemonSwan and URBANARA.
A team around Tobias Rodehau advised GMPVC on the financing.
GMPVC advisors
Tobias Rodehau (lead), Olivia Irrgang, Dr Johannes Maidl (all Venture Capital & Private Equity)
Key Contacts
Latest press releases
Show me all press releasesPinsent Masons and Open Data Institute explore next stage of data trusts
International law firm, Pinsent Masons, has joined the ODI’s Commercial Partnership Programme. The legal firm joins existing partners including, Arup, Co-op, Deutsche Bank, and Refinitiv: a peer group of forward-thinking organisations who share a common vision of a collaborative and open future.
Pinsent Masons appoints new partner to enhance property and real estate expertise in France
Pinsent Masons has hired real estate expert Denis Charles, as partner in its Paris office.
Increase in HMRC requests overseas for information on taxpayers
HMRC made 540 requests to overseas authorities for information on UK taxpayers last year, an increase of 24% on the previous year, as it intensifies its crackdown on hidden offshore assets, says Pinsent Masons, the international law firm.
People who viewed this press release also viewed
Show me all press releasesIncrease in HMRC requests overseas for information on taxpayers
HMRC made 540 requests to overseas authorities for information on UK taxpayers last year, an increase of 24% on the previous year, as it intensifies its crackdown on hidden offshore assets, says Pinsent Masons, the international law firm.
Record revenue collected by HMRC investigations into biggest UK businesses
HMRC collected £9.8 billion in extra revenue through tax investigations into the UK’s 2,000 largest businesses last year, up 12% from £8.7 billion in 2017/18 (source HMRC), says Pinsent Masons, the international law firm.
Pinsent Masons wins Project Finance Deal of the Year award in Middle East
International law firm, Pinsent Masons, has been awarded the 'Deal of the Year for Project Finance' award at the International Financial Law Review (IFLR) Middle East Awards 2019.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]