ESCHE advises TÜV NORD GROUP in the growth financing of and acquisition of a stake in 3spin Learning
Esche Schümann Commichau has advised TÜV NORD GROUP in legal, tax and financial aspects in its acquisition of a stake in 3spin Learning GmbH & Co. KG with head office in Darmstadt.
3spin Learning is an Education Technology Startup active worldwide that is specialized in Virtual Reality („VR“) and Augmented Reality („AR“) solutions and provides immersive learning and training environments via a Software-as-a-Service application. With this transaction, TÜV NORD GROUP strengthens ist new strategic focus in the field of Extended Reality (XR). With internal know-how of TÜV NORD GROUP and the strategic cooperation with the founders of 3spin Learning, an „XR Hub“ will be created and established as new competence center.
About TÜV NORD GROUP
Founded more than 150 years ago, TÜV NORD GROUP is known for security and trust. As know-how company, TÜV NORD clearly envisages the digital future. Through engineers, IT security experts and experts for the mobility of the future: TÜV NORD GROUP ensures in more than 100 countries that ist customers become even more successful in the connected world.
About 3spin Learning
3spin Learning is a design and technology company providing services and software solutions in the field of immersive learning platforms and enabling enterprises to create VR & AR training and learning courses with the help of the solution developed by 3spin Learning. 3spin Learning also provides taylor made and individual solutions to its customers. Through the software of 3spin Learning, complex learning content can be transported in an easily comprehensive way, unlimitedly repeateble and to be used worldwide.
The ESCHE team was led by M&A Partner Dr. Stephan Bauer as well as senior associate Dr. Lukas Eßers and comprised the partners Beatrix Arlitt (Financial) and Daniel Fengler (Tax), associated partners Lara Bos (Corporate/M&A) and Stefan Gatz (HR) as well as associates Felix Oltmanns (both Corporate/M&A), Julian Leucht (IP/IT), Laura Iser (HR), Marie-Louis Georgi (Tax) and Christian Kiefl (Financial).
3spin Learning and its founders were advised by Taylor Wessing (Dr. Philipp Cavaillès and Dr. Daniel Schrembs).