Led by partners Claus Goedecke and Niclas von Woedtke, Taylor Wessing, with a team from Germany and the Netherlands, advised Israel-based Global Alternative Credit Investment Manager Viola Credit on the venture debt financing of Habyt, the biggest European co-living company, based in Berlin. The financing volume amounts to approximately 15 million Euros. As part of its international expansion strategy, Habyt recently merged with Hmlet, the largest co-living provider in the Asia-Pacific region to date.
Viola Credit is a Global Alternative Credit Investment Manager with $1B AUM, providing customized credit solutions to technology companies & Fintech lenders. Viola Credit is a member of the Viola Group, Israel's largest tech investment house with over $4B in AUM. The Fund is managed by an experienced team of 15 investment professionals with deep investment expertise combined with in-depth technology know-how, credit investment experience and a truly entrepreneurial approach.
With a straightforward sign-up process, standardized design and a community of like-minded people, Habyt aims to create the best housing experience. Founded in 2017, the new funding is expected to help Habyt achieve its growth targets and drive further internationalization.
Taylor Wessing Germany: Claus Goedecke (Lead Partner, Banking & Finance, Frankfurt am Main), Dr. Niclas von Woedtke (Salary Partner, Corporate / M&A, Hamburg), Dr. André Lippert (Salary Partner, Regulatory, Berlin), Fritz Krings (Associate, Corporate / M&A, Munich), Georg Havlik (Senior Associate, Banking & Finance, Frankfurt am Main)
Taylor Wessing Netherlands: Andrei Babiy (Partner), Paul Orij (Associate, both Banking & Finance, both Amsterdam)