DLA Piper advises JUMP House Group on acquisition of UpSprung GmbH
DLA Piper advised JUMP House Holding GmbH on the acquisition of UpSprung GmbH. The Hamburg-based leisure company acquires 100 percent of the shares in the Osnabrück-based trampoline park operator previously held by its founders and an institutional investor.
JUMP House was founded in 2014 in Hamburg by entrepreneurs Till Walz and Christoph Ahmadi and opened Germany's first trampoline park in the same year. In fall 2021, the company became part of the Norwegian Parc Invest AS (RUSH Group), whose main shareholder is the Equip Capital Fund I.
With the acquisition of UpSprung, the German group grows to currently nine trampoline parks; the RUSH Group now operates more than 30 parks across Europe, thus expanding its market leadership in Europe.
The DLA Piper team was led by counsel Dr Christoph Dachner and partner Gerald Schumann (both Corporate/M&A, Munich) and also included partner Semin O (Antitrust, Frankfurt) and Dr Henriette Norda (Employment, Hamburg) as well as counsel Miray Kavruk (IPT) and associate Caroline Huber (Antitrust, both Frankfurt).
A German-Norwegian team of lawyers from DLA Piper had advised 2021 Parc Invest on the acquisition of the JUMP House Group.