Osborne Clarke has advised the mental health start-up Likeminded on its merger with nilo.health. The merger creates the new market leader for corporate mental health applications in the DACH region.
Likeminded and nilo.health both offer digital B2B solutions for mental health, focusing on promoting the mental well-being of employees. The companies are known for their high-quality, personalised offerings and their ability to create measurable value for businesses and their workforce.
The two companies have now announced their merger. The merger creates the new market leader for corporate mental health applications across the DACH region. Together, they now serve more than 500 companies and over 100,000 employees in Europe, setting new standards in this rapidly growing segment.
“With our combined strength, we create even more value for companies and their employees, as we now have a broader and deeper product range that delivers immediate and sustainable results,” said Kimberly Breuer, Co-CEO of Likeminded.
The combined resources enable the company to invest more heavily in research and development, particularly in technological innovations such as artificial intelligence. With united forces and a clear vision, the company also plans to intensify its international expansion to realise its vision beyond the DACH region. The long-term goals are clearly set: to revolutionise corporate health care and significantly contribute to improving mental health in businesses.
Maximilian Heberger, Co-CEO and founder of Likeminded, managed the transaction for the Likeminded side. „We were able to successfully complete this rather complex transaction especially due to the excellent and pragmatic support by Osborne Clarke,” said Maximilian Heberger.
The Osborne Clarke team that advised Likeminded, led by Robin Eyben and Fabian Mimberg, consisted of Dana Alpar, Dr Paul Rhode (both Corporate / VC), Susanne Kühlthau, Natalie Merkle (both Corporate), Ann-Kristin Lochmann, Florian Merkle, Friedrich Matzen, Patrick Seiler (all Tax), Alexander Schlicht, Asil Buruncayir, Kamissa Kruse (all Employment), Dr Marc Störing, Neil Simon-Weaver, Lina Mondry (all Data Protection), Olexiy Oleshchuk, Arsen Dutka (both Banking & Capital Markets), Sarah Grigo, Dennis Obermüller (both Commercial), Susanne Schricker, Manuel Schuster (both Merger Control), Dr Tim Reinhard and Marina Fröhlich (both IP).