DLA Piper advises Parc Invest on acquisition of the JUMP House Group
DLA Piper has advised Parc Invest AS (Parc Invest), based in Oslo, Norway, on the acquisition of the Hamburg-based leisure company JUMP House Holding GmbH (JUMP House). Parc Invest acquired 100% of JUMP House on 30 September 2021. At the same time, the previous shareholders of the JUMP House Group will now become co-partners of the parent company, which will significantly drive its growth on the German market.
JUMP House was founded in 2014 in Hamburg by the entrepreneurs Christoph Ahmadi and Till Walz and opened Germany's first trampoline park in Hamburg-Stellingen in the same year. Huge halls with hundreds of trampolines and various sports and fun areas around the theme of jumping, gymnastics, parcours and action sports became the new leisure trend. Today, there are about 100 trampoline halls in Germany - six of which are currently operated by JUMP House.
Parc Invest AS operates 19 trampoline parks of a similar kind, mainly under the RUSH and Airhop brands, in Scandinavia, England and Germany and is one of the fastest growing companies in the leisure industry in Northern Europe. With Equip Capital Fund I as the main shareholder, the company is constantly growing with new openings and acquisitions.
The international DLA Piper team was led by Corporate partner Christian P. N. Fenner (Oslo) and counsel Dr Christoph Dachner (Corporate, Munich). From the DLA Piper office in Oslo partner Magnus Brox and associates Trym Heiskel Bjørndal and Robert Ødegaard (all Corporate) were also involved.
Together with the colleagues from Norway, the German partners Gerald Schumann (Corporate/M&A, Munich), Dr Marie-Theres Rämer (Tax, Frankfurt), Guido Kleve (Regulatory, Cologne), Pascal Kremp (Employment), Dr Martin Haller (Real Estate), counsel Dr Susanne Weckbach, senior associates Lennart Kähling (both IPT, all Munich), Christine Uwase (Corporate/M&A, Hamburg), Georg Haberkorn (Employment, Munich), Philipp Lorberg (Tax, Frankfurt), Associates Dr Felisa Frey (Employment, Munich), Philip Weyand (Regulatory, Cologne), Lucas Blum, Betina Fischer (both IPT), Annika Heinz (Employment) and Alice Hertel (Real Estate, all Munich) also advised on the transaction.