Teylor AG concluded a conditional purchase agreement to acquire Operating Assets and Operations of creditshelf Aktiengesellschaft on April 23, 2024. Upon completion, creditshelf CEO Dr. Tim Thabe and CFO Dr. Daniel Bartsch will join Teylor?s team. The proceeds from the transaction will be used to satisfy creditshelf AG's creditors.

The board of creditshelf has approved the transaction. Rothschild & Co SCA acted as financial advisor to Teylor. Stefan Bressler, Markus Fischer, Andreas Lischka, Roger Kiem, Rebecca Emory, Bodo Bender, Woldemar Häring, Andreas Kleinschmidt, Hendrik Roeger, Alissa Preissler and Matthias Bogusch of White & Case LLP acted as legal advisor to Teylor.

Boris Räber of Advoro AG acted as legal advisor to Teylor.