Latham & Watkins LLP represented Activant Capital in the transaction.
WorkMotion has raised US$24 million in a Series A financing. The round was led by Activant Capital.
The German startup helps companies hire employees in locations where there they have no legal entity by creating employment contracts that comply with the laws of the country of the employee and those in which the company has headquarters.
Founded in 2015, Activant is a global investment firm with $1.2 B AUM, that partners with high-growth companies that are transforming commerce.
Latham & Watkins LLP represented Activant Capital in the transaction with a corporate deal team led by New York partner Stelios Saffos (Picture) and Frankfurt partner Markus Krüger, with New York associate Teddy Ellison. Advice was also provided on IP and technology transactions matters by Frankfurt partner Susan Kempe-Müller; on compliance and employment law matters by Munich partner Tobias Leder; and on tax matters by New York partner Greg Hannibal.
Involved fees earner: Teddy Ellison – Latham & Watkins; Gregory Hannibal – Latham & Watkins; Susan Kempe-Mueller – Latham & Watkins; Markus Krüger – Latham & Watkins; Tobias Leder – Latham & Watkins; Stelios Saffos – Latham & Watkins;
Law Firms: Latham & Watkins;
Clients: Activant Capital;