Dr. Jörg aus der Fünten, partner at commercial law firm Heuking Kühn Lüer Wojtek's Cologne office, comprehensively advised Iris Capital in legal matters on an investment in recruitment agency Studitemps GmbH. European growth investor Iris Capital thereby leads the 12 million euro series sports C financing round at Studitemps.
Existing shareholders XAnge, Seventure, and b-to-v also took part in the financing round. With the newly acquired capital, Studitemps intends to further develop web-based staff scheduling, in order to expand its market leadership in Germany and to take first steps to go international.
Iris Capital is one of Europe's leading growth and development capital investors in the fields of Media & Entertainment, Communications, and IT. The Iris Capital team was established in Paris in 1986 and has invested more than EUR 840 million in more than 200 companies since.
Studitemps GmbH was established in 2008. The company specializes in the placement of students as temporary workers and is Germany's largest job provider for students placed as assistant and junior staff.
Counsel to Iris Capital
Heuking Kühn Lüer Wojtek:
Dr. Jörg aus der Fünten (Corporate/M&A), Cologne