KPMG Law and KPMG advise startup Inventorum on acquisition by Shore GmbH

Munich-based Shore GmbH has acquired Berlin-based startup Inventorum GmbH. KPMG Law Rechtsanwaltsgesellschaft mbH and KPMG AG Wirtschaftsprüfungsgesellschaft advised Inventorum GmbH on this matter.

Shore is a provider of a software-as-a-service solution for digital appointment and customer management for businesses. With the integration of Inventorum, a start-up for innovative POS systems, Shore says it wants to improve its service offering for small and medium-sized service companies – especially retailers – and develop an all-in-one solution for its customers. Inventorum will now operate as a wholly owned subsidiary of Shore. Inventorum founder Christoph Brem remains CEO of Inventorum and supports the management of Shore. All employees as well as the Berlin office will be taken over. Inventorum’s investors will become shareholders of Shore as part of the transaction.

As part of the transaction, KPMG Law provided legal due diligence as well as comprehensive advice on the drafting and negotiation of the agreements and corporate documents underlying the transaction. KPMG Law worked closely with KPMG’s professionals, who provided tax due diligence and economic advice.

Consultant Inventorum GmbH

KPMG Law Rechtsanwaltsgesellschaft mbH: Dr. Daniel Kaut, Partner, Sebastian Seibold, Manager, both leads, Dr. Christian Hensel, Senior Manager, Dr. Cordula Brügmann, Manager, Dimitri Gochman, Associate, Emanuel Daschner, Associate, all Corporate/M&A, all Nuremberg; Frederik Johannesdotter, Senior Manager, Corporate/M&A, Munich; Martin Trayer, Partner, Fulya Isikgel, Senior Associate, both Labor Law, Frankfurt am Main; Dr. Gerrit Rixen, Partner, Cologne, Dr. Hannes Schwinn, Senior Manager, Stuttgart, both Antitrust Law

KPMG AG Wirtschaftsprüfungsgesellschaft: Dr. Jens Berberich, Partner, Axel Wagner, Senior Manager, both Frankfurt, Johannes Zilly, Senior Manager, Mannheim, all M&A Tax; Magnus Schenk, Director, Deal Advisory, Frankfurt