At an extraordinary general meeting, the shareholders of SuperVista AG approved a capital increase for a Series B financing round. The scope of the financing round comprises a total amount in the double-digit millions and will be provided for the most part by a private equity fund initiated by Lennertz & Co. as lead investor in addition to the SuperVista founders and employees. <\/p>\n\n
Lennertz & Co. is thus acquiring a minority stake in SuperVista AG. The Hamburg-based family office already held a stake in SuperVista AG at an earlier stage and sold its shares to the US investment firm TCV, SuperVista’s current anchor investor, in 2016. <\/p>\n\n
The concept of SuperVista AG, which sells its products in Germany under the brand brillen.de, is based on a close integration of store and online sales, which is based on the greatest possible digitalization – starting with the offer of glasses, through their production to the delivery of the visual aid to the customer on site. SuperVista AG’s network currently comprises partner opticians in seven countries with over 1,700 stores, including its own stores. The SuperVista Group’s turnover recently exceeded EUR 200 million and continues to grow in contrast to the rest of the industry. <\/p>\n\n
Renzenbrink & Partner advised Lennertz & Co. as lead investor comprehensively on all legal aspects of the financing round. The team consisted of partners Dr. Dennis Schlottmann<\/a> (Corporate\/Venture Capital), Dr. Ulf Renzenbrink<\/a> (Corporate\/Venture Capital) and associate Malte Pulmer (Corporate\/Venture Capital). <\/p>\n","protected":false},"featured_media":1301,"template":"","class_list":["post-1034","deals","type-deals","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\n