Sidley advised Summit Partners on its US$68 million growth equity investment in online language school Lingoda GmbH. The new funding will support Lingoda’s expansion in new markets and is expected to close in Q2 2021.
The Sidley team was led by Private Equity partner Dr. Jan Schinköth (Munich), supported by partners Dr. Roderic Pagel (Tax, Munich), Chris Brause (Tax, New York), and Patrick Harrison (Antitrust/Competition, London), and associates Sebastian Walczak, Julius Koblitzek, Valentin Specht, and Dr. Matthias Annweiler (all Private Equity, Munich), Jörg Fischer and Jacob Schreiber (Tax, Munich), and Toni Pitesa (Antitrust/Competition, London).