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We advised, with a German Firm, a client active in the fields of e-learning, and its shareholders. A new investor decided to invest EUR 13,000,000 by acquiring existing shares and subscription to a capital increase. We advised on an entirely new shareholders’ agreement, with an exit strategy within 4 years, and on contracts to retain the key managers, to address any possible failure to attain objectives, and to amend the company’s Articles of Association and all board and shareholders resolutions.