HEUKING advises Berlin-based EdTech start-up cleverly on its acquisition of Complori
cleverly edu GmbH, a Berlin-based EdTech start-up, has acquired Complori (codary GmbH). cleverly is the leading platform for individual online tutoring, personal development and soft skills for children and young people. Complori complements this with playful group courses on digital skills for the future, such as programming and financial literacy.
With this acquisition, cleverly is expanding its range of services: in addition to individual 1:1 mentoring and tutoring, the company will now also offer playful live group courses that teach children programming, financial literacy, creativity, and critical thinking.
The acquisition was preceded by two capital increases through the issuance of new shares at a nominal value of one euro each. The share capital was increased to EUR 82,794 in total. Investors include Cologne-based Capnamic Ventures Fund III GmbH & Co. KG, which will be the largest shareholder.
cleverly was legally advised by a team led by Düsseldorf-based HEUKING Partner Dr. Patrick Müller, LL.M. (VC). HEUKING regularly advises start-ups and VC investors in various VC financing rounds and acquisitions.
Counsel to cleverly edu GmbH
HEUKING:
Dr. Patrick Müller, LL.M. (University of the West of England, Bristol), (Lead), Düsseldorf,
Mark Rossbroich, LL.M. (King’s College London), Cologne,
Ilona Schütz,
Laura Jochem, LL.M. (University of East Anglia, Norwich), (all M&A / Venture Capital), both Düsseldorf
