Matthias Kresser appointed Associated Partner

Berlin – Matthias Kresser is appointed Associated Partner at YPOG. Since joining SMP in 2020, he has advised investors, startups and other companies on venture capital transactions (with a focus on venture debt), other equity and debt financings, M&A transactions and general corporate law matters. At YPOG, Matthias Kresser is establishing a Banking & Finance practice group which – in line with YPOG's profile – will have a focus on venture debt financings, other loans for startups, scaleups and growups as well as credit lines for venture capital funds (so-called capital call facilities). During his time at SMP, he advised, among others, IDnow on the acquisition of Wirecard Communication Services out of insolvency, Magazino, Quantum-Systems, SellerX and Next Gen Foods on venture debt financings, various VC funds on financing rounds, as well as the shareholders of sofatutor on the sale to Emeram Partners. Until 2020, Kresser was a Principal Associate at Freshfields Bruckhaus Deringer in Hamburg. From this time, he has many years of experience in advising investors and companies in distressed situations and insolvencies. Among others, Kresser advised the Air Berlin Group prior to its insolvency and on the insolvency filing, the BARTEC Group on its financial restructuring, Hamburg Commercial Bank AG on a liability management exercise in connection with its hybrid capital instruments, and OSRAM Licht AG on the sale of its lighting business Siteco.