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POELLATH advises Signals Venture Capital on EUR 270 million financing round in Everphone

Everphone has successfully closed a new financing round of EUR 270 million.

The financing round includes EUR 250 million in debt capital from Citigroup, KfW and The Phoenix Insurance Company LTD and an additional EUR 21 million equity tranche. The equi-ty is provided by Capnor and Calista and existing investors, including Signals Venture Capital.

Headquartered in Berlin, Signals Venture Capital is a VC fund focusing on B2B software-centric business models and is backed by one of Germany’s leading and most innovative insurance companies.

Everphone is a one-stop solution for corporate smartphones and tablets. As a pioneer and Device-as-a-Service (DaaS) provider, Everphone handles the procurement, configuration, management, security and replacement of devices for companies and organizations. According to the company, it already manages over 300,000 devices for more than 1,000 companies, including international management consultancies and multiple DAX companies.

POELLATH advised the existing investor Signals Venture Capital on all legal aspects of the financing round with the following Munich-based team:

Monika Goede
+49 (89) 24 24 0 - 228 call