Taylor Wessing advises Accel and other existing shareholders on Trade Republic's €1.2 billion secondary round

Taylor Wessing has comprehensively advised the global venture capital investor Accel as well as other existing shareholders on the €1.2 billion secondary transaction of the Berlin-based FinTech Trade Republic. The transaction values Trade Republic at €12.5 billion and ranks among the largest secondary rounds in the European tech market.

The experts involved included the VC team led by Dr Norman Röchert, Partner at Taylor Wessing's Berlin office, as well as the corporateteam around Hassan Sohbi, Dr Max Reinhardt (lead) and Philipp Seimel based in the Frankfurt office. They supported the investors on all legal matters related to the transaction, with a particular focus on the structuring and execution of the share transfers.

In the course of the secondary round, existing investors – including Accel – acquired shares from early-stage investors. At the same time, new, long-term oriented international investors joined the shareholder base. The breadth of investors advised by Taylor Wessing and their varying roles in the transaction underscore the firm's strong market position in its venture capital practice, particularly for complex growth and secondary transactions.

Legal Advisors to Accel and other existing shareholders

Taylor Wessing Germany: Dr Norman Röchert (Partner, Berlin), Hassan Sohbi (Partner, Frankfurt), Dr Max Reinhardt (Salary Partner, Frankfurt), Philipp Seimel (Senior Associate, Frankfurt), Dr Anna Hankings-Evans (Senior Associate, Berlin) –all Corporate/M&A/Venture Capital