Berlin — Soft­ware company Jobpal has sold all its shares in the company to US-based HR tech provi­der SmartRe­crui­ters. SmartRe­crui­ters is tapping into the robot-driven recruit­ment process auto­ma­tion (RPA) market through the acqui­si­tion. The parties have agreed not to disc­lose the purchase price. An SMP team led by part­ner Malte Berg­mann, photo, advi­sed on the exit toge­ther with UK law firm Withers.

Jobpal
Foun­ded in 2016 as a startup by a German team, Jobpal is a soft­ware company deve­lo­ping on AI-powered chat­bots that auto­mate commu­ni­ca­tion between employ­ers and appli­cants. Jobpal curr­ently employs around 25 people.

SmartRe­crui­ters
SmartRe­crui­ters is a recrui­ting soft­ware provi­der head­quar­te­red in San Fran­cisco with addi­tio­nal loca­ti­ons in Poland, Germany, UK and France. The company was foun­ded in 2010 by Jerome Ternynck.

About SMP
SMP is a specia­list tax and commer­cial law firm opera­ting in the core areas of corpo­rate, funds, liti­ga­tion, tax and tran­sac­tions. SMP attor­neys and tax advi­sors repre­sent a wide variety of clients. These include emer­ging tech­no­logy compa­nies and family-run medium-sized enter­pri­ses as well as corpo­ra­ti­ons and private equity/venture capi­tal funds. Since its foun­da­tion in 2017, SMP has become one of the leading addres­ses for venture capi­tal, private equity and fund struc­tu­ring in Germany. The firm and its part­ners have been reco­gni­zed natio­nally and inter­na­tio­nally by JUVE, Best Lawy­ers, Legal 500, Focus, and Cham­bers and Part­ners. Today, SMP employs over 50 expe­ri­en­ced lawy­ers and tax advi­sors in three offices in Berlin, Hamburg and Colo­gne. www.smp.law

Consul­tant Jobpal: SMP
Dr. Malte Berg­mann (Lead Part­ner, Taxes), Partner
Dr. Benja­min Ullrich (Corpo­rate, M&A), Partner
Ann-Kris­tin Loch­mann (Taxes), Senior Associate