Weil’s Frankfurt office advised TCV (Technology Crossover Ventures) in its additional investment in Trade Republic. Trade Republic was valued at €12.5 billion in the transaction.

Leading growth equity investor TCV has been invested in Trade Republic since 2021 and increased its stake in the framework of this secondary transaction.

Since its founding in 2019, the fintech company Trade Republic has become one of the leading financial platforms in Europe and, on the basis of the valuation in the transaction, is now Germany’s most valuable start-up. The new shares issued to new and existing investors in the transaction have a value of approx. €1.2 billion.

The team led by Frankfurt Private Equity partner Christian Tappeiner has again provided comprehensive legal advice to long-standing Weil client TCV in this transaction, as most recently was the case in TCV’s investment in Flix.

The Weil transaction team was led by Frankfurt partner Christian Tappeiner (Private Equity) and included partner Susanne Decker (Private Equity, Frankfurt), counsel Karsten Krumm (Private Equity, Frankfurt), as well as the associates Alexander Rothstein (Private Equity, Frankfurt) and Alexander Reich (Tax, Frankfurt).