Press release |


BEITEN BURKHARDT Establishes Cooperation with The Growth Stage

Frankfurt am Main, 31 January 2020 – The international commercial law firm BEITEN BURKHARDT enters into an exclusive cooperation with "The Growth Stage" (TGS), a platform that brings together institutional investors with growth companies.

The Growth Stage entered the market in autumn 2018 as the world's first financing platform for private growth companies raising investment capital from institutional investors. The company has succeeded in attracting pension funds, private client funds, hedge funds, sovereign wealth funds and family offices as investors. Access is free of charge for both growth companies and institutional investors. Only one percent of the funds raised by the companies within the scope of financing goes to The Growth Stage as commission.

BEITEN BURKHARDT is pleased to work with The Growth Stage as its exclusive legal advisor in Germany and assist companies in gaining access to institutional investors to finance the next phase of their growth. Dr. Gesine von der Groeben, Partner in BEITEN BURKHARDT's Frankfurt office, and Dr. Mario Weichel and Christian Kalusa, both Partners in BEITEN BURKHARDT's Munich office, agree: "TGS offers an unprecedented global financing platform, not only for German companies but for all growth companies seeking to raise more than USD 10 million from institutional investors in a Series A to Z financing round. We look forward to assisting these companies in raising this growth capital and achieving their financing goals." 

The Growth Stage responds to the increasing demand from institutional investors around the world to invest in private companies with high growth potential and to give these companies the opportunity to access alternative sources of capital.

Simon Stewart, CEO of The Growth Stage says: “We are delighted to partner with BEITEN BURKHARDT. Since our launch we have prioritised Deutschland as one of our three most important hubs, to work with its world class entrepreneurs, and help them grow by connecting them to our global institutional investors.” 

Jorg Pruessmeier, who heads The Growth Stage in Germany, adds: "BEITEN BURKHARDT has demonstrated all the skill sets required to work with all our investors, companies and other professional advisors. Our exchange currently has more than 20 companies in six different countries looking to raise over USD 1bn in the next 12 months.”


Contact

Dr Gesine von der Groeben
Phone: +49 69 756095 - 408
E-mail: Gesine.vonderGroeben@bblaw.com

Dr Mario Weichel
Phone: +49 89 35065 - 1308
E-mail: Mario.Weichel@bblaw.com

Christian Kalusa
Phone: +49 89 35065 - 1225
E-mail: Christian.Kalusa@bblaw.com


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