Hengeler Mueller advises Corsair Capital on IDnow financing round

Corsair Capital LLC ("Corsair") has made a USD 40 million equity investment in IDnow. IDnow is a leading provider of Identity Verification-as-a-Service solutions. Corsair is a private equity firm focused on investments in the financial and business services industries.

Hengeler Mueller advised Corsair in an integrated team together with Best Friends law firm Slaughter and May (partner Susannah Macknay) on the transaction. The team included partners Jens Wenzel (Berlin), Martin Ulbrich (Düsseldorf) (both M&A/Venture Capital), Jan D. Bonhage (Public Law, Berlin), Christian Schmies (Banking Supervision and Financial Markets Regulation) and Hendrik Bockenheimer (Employment) (both Frankfurt), Counsel Matthias Berberich (TMT, Berlin), Markus Ernst (Tax, Munich) and Peter Dampf (Financing, Frankfurt) as well as associates Maike Hölty, Yenilee Ičagić, Ansgar Jahnke, Antonia Bautsch (all Berlin), Oliver Junk (Düsseldorf) (all M&A/Venture Capital), Erasmus Hoffmann, Anton O. Petrov (both Public Law), Jan Michael Krusche (IP/IT), Conrad Ruppel (Banking Supervision and Financial Markets Regulation), Anna Sophie Etzkorn and Katharina Gebhardt (both Employment) (all Frankfurt).