Hamburg — German fiber-optic provi­der Deut­sche Giga­Netz GmbH has joined infra­struc­ture inves­tor DWS. DWS initi­ally intends to invest a mid-three-digit million euro amount. The exis­ting inves­tor InfraRed Capi­tal Part­ners will conti­nue to provide equity and remains inves­ted, as does the foun­ding team around CEO Jan Georg Budden. In the medium term, DWS intends to become a majo­rity share­hol­der. A YPOG team led by Jörn Wöbke advi­sed the German fiber optic provi­der Deut­sche Giga­Netz GmbH on this transaction.

Last year, Deut­sche Giga­Netz set itself the target of inves­t­ing €3 billion in fiber-optic expan­sion within five years and provi­ding one million house­holds, mainly in rural areas, with a fiber-to-the-home (FTTH) connec­tion. The invest­ment by Deut­sche Bank’s fund subsi­diary DWS is now expec­ted to help fulfill the origi­nal €3 billion busi­ness plan as well as enable growth beyond that.

The team led by Jörn Wöbke, whose exper­tise Deut­sche Giga­Netz alre­ady relied on in the last finan­cing round in 2021, advi­sed on all legal and tax issues.

Consul­tant Deut­sche Giga­Netz: YPOG
Dr. Jörn Wöbke (Lead, Corpo­rate), Partner
Dr. Malte Berg­mann (Tax), Partner
Dr. Emma Peters (Corpo­rate), Senior Associate
Johan­nes Schmidt (Corpo­rate), Associate
Boris Schin­zel (Corpo­rate), Associate
Lukas Schmitt (Tax), Associale

About Deut­sche GigaNetz

Deut­sche Giga­Netz, based in Hamburg, Germany, focu­ses on infra­struc­ture and IT tele­com­mu­ni­ca­ti­ons products, in parti­cu­lar the deve­lo­p­ment, cons­truc­tion and opera­tion of high-quality fiber optic tele­com­mu­ni­ca­ti­ons networks. The company is commit­ted to a future-orien­ted Inter­net infra­struc­ture in Germany and is working to provide fast, relia­ble and cost-effec­tive fiber-optic and high-speed Inter­net connec­tions. The fiber-optic tech­no­logy offe­red by Deut­sche Giga­Netz is supe­rior to copper or cable networks not only in the areas of data commu­ni­ca­ti­ons and trans­port. FTTH infra­struc­tures in parti­cu­lar also promise signi­fi­cant energy savings compared with conven­tio­nal networks.

About YPOG

YPOG is a specia­list tax and commer­cial law firm opera­ting in the core areas of Corpo­rate, Funds, Liti­ga­tion, Tax, Tran­sac­tions, IP/IT, Notary Services, Banking + Finan­cial Services and FinTech + Block­chain. The YPOG team advi­ses 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. YPOG is one of the leading addres­ses for venture capi­tal, private equity and fund struc­tu­ring in Germany. The firm and its part­ners are listed natio­nally and inter­na­tio­nally by JUVE, Best Lawy­ers, Legal 500, Focus and Cham­bers and Part­ners. Today, YPOG employs more than 100 expe­ri­en­ced lawy­ers, tax advi­sors, tax specia­lists and a notary in three offices in Berlin, Hamburg and Colo­gne. www.ypog.law