Berlin – YPOG advised the shareholders of Munich-based conversational AI specialist e-bot7 on the sale of all shares to LivePerson. With more than 18,000 customers, LivePerson is considered the global market leader in the field of AI-based customer communication. Headquartered in New York, it is one of the world's most innovative companies according to the renowned business magazine Fast Company and is also listed on the US stock exchange Nasdaq. The Munich-based startup e-bot7 has developed a platform solution that allows companies to improve the efficiency of customer service operations by integrating artificial intelligence throughout various channels. AI supports employees and automates answers and processes. According to e-bot7, this enables significant cost reductions and increases in turnover. Both companies now see the merger as an opportunity to increase their activities in the key European markets of Germany, France, the UK and the Benelux countries and to further advance conversational AI as part of their shared vision in Europe. Despite the merge, e-bot7 will continue to operationally work under its own name as part of LivePerson. The founding team consisting of Fabian Beringer, Xaver Lehmann and Maximilian Gerer will also remain with the company. e-bot7’s shareholder received comprehensive legal and tax advice on the transaction from a team led by Tim Schlösser.
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Team:
Dr. Tim Schlösser (Lead/Transactions/M&A), Partner
Dr. Jörn Wöbke (Transactions/M&A), Partner
Dr. Malte Bergmann (Tax), Partner
Andreas Kortendick (Tax), Partner
Dr. Karen Frehmel-Kück (Transactions/M&A), Senior Associate
Barbara Hasse (Transactions/M&A), Associate
Ann-Kristin Lochmann (Tax), Senior Associate
Jonas Huth (Transactions/M&A), Associate
Bilal Tirsi (Transactions/M&A), Associate
David Wittek (Tax), Associate
LivePerson received legal advice from Greenberg Traurig (Lead: Dr Henrik Armah).
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YPOG stands for You + Partners of Gamechangers. As a leading law and tax firm, YPOG supports founders, investors, companies and funds in Germany and internationally in bringing visionary ideas to life in the tech ecosystem and dynamic future markets.
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