DMR Legal advises StrollMe on debt financing as part of a EUR 22 million funding round
StrollMe GmbH, one of the leading providers of children’s mobility products on a subscription basis in Germany, Austria and the Netherlands, has completed a financing round totalling EUR 22 million. The financing combines equity from existing and new investors with a credit facility provided by the London-based growth credit investor Growth Credit Partners.
The financing will enable StrollMe to further expand its rental fleet, broaden its product range and increase the availability of kids’ bikes, balance bikes, strollers, car seats and accessories. It will also support the company’s continued growth in its existing markets of Germany, Austria and the Netherlands and lay the foundation for future expansion into further European countries.
StrollMe offers children’s mobility products through flexible subscriptions. After each subscription, the products are professionally refurbished and rented out again. This circular business model extends the useful life of high-quality children’s products and makes them accessible to more families.
DMR Legal comprehensively advised StrollMe on the structuring, negotiation and implementation of the credit financing provided by Growth Credit Partners. Lupp + Partner advised on corporate law matters. StrollMe was also supported by K&L Gates and PwC.
DMR Legal advisory team: Dr. Thomas Ressmann (Partner, Banking & Finance, lead)
, Lime Dauti (Senior Associate, Banking & Finance)
, Dr. Fabian Wirths (Senior Associate, Banking & Finance)
Konkreter Kontakt: Rechtsanwalt Dr. Thomas Ressmann
Kontakt: DMR Legal
- Maximilianstr. 24
- 80539 München
- www.dmr.legal
- info@dmr.legal
