BMH BRÄUTIGAM advises Habyt on € 15 million venture loan from Viola Credit
BMH BRÄUTIGAM has advised Europe's leading co-living provider Habyt on its merger with competitor Hmlet, including a €15 million venture debt financing from Israeli debt fund Viola Credit.
Following its recent merger with Hmlet, the largest co-living company in the Asia-Pacific region, Habyt now has over 8,000 units in 10 countries and 20 cities, making it the world's largest co-living provider.
With the venture loan, Habyt aims to drive forward its growth target of 20,000 units by the end of 2022 or 30,000 co-living units by the end of 2023, as well as further internationalization.
Background: BMH BRÄUTIGAM comprehensively accompanies Habyt on its rapid international expansion course, advising the co-living provider both on an ongoing basis in all corporate law matters, as well as on acquisitions (most recently on the takeover of Hmlet, Quarters and homefully) and financing.
Team BMH BRÄUTIGAM: Bastian Reinschmidt, Dr. Raoul Moritz Nissen, Maximilian Frink (all Venture Capital / M&A)