Luther accompanies the merger of SleevesUp! with Work Inn

SleevesUp! and Work Inn have founded a joint company to tap into new growth opportunities. The merger, supported by Luther experts, has created one of the largest decentralized coworking networks in Germany. This includes 44 locations in 29 cities and over 3,000 members. Both companies are family-run coworking pioneers and regional market leaders. The partnership now enables the combination of resources and expertise, locations and reach and contributes to the consolidation of the co-working market in Germany.

"The legal expertise of the Luther team made a decisive contribution to making this challenging project a success," says Dr. Sebastian Schmidt, Managing Director of SleevesUp! "Now our strong and innovative communities can grow together and network throughout Germany," says Work Inn company founder Dörte Schabsky.

The focus of the newly founded company will not just be on the top 7 cities in central locations, as is usually the case in the industry, but on a nationwide expansion throughout Germany. The aim is to grow the network of locations to 100 coworking spaces by 2028 - a new milestone in the coworking sector on the German market.

About Work Inn GmbH:

Work Inn is a young and growing family business from Dortmund. The now leading provider of coworking spaces in NRW was founded in 2013 by the married couple Dörte and Tim Schabsky. Work Inn operates 12 coworking spaces in five cities in the Ruhr region: Dortmund, Bochum, Essen, Mülheim and Duisburg. The community comprises over 1,000 members with a focus on the IT and creative industries.

About SleevesUp!:

SleevesUp! is a leading provider of innovative and flexible serviced offices with 32 locations in 24 cities across Germany and more than 29,000 square meters of total space. In addition to fully equipped office space and professional conference rooms, it also offers access to coworking options in shared workspaces. Every day, companies of all sizes discover full flexibility and premium amenities to realize their projects successfully and focused in a modern and prestigious working environment.

The following were involved for Luther:

Venture Capital/Private Equity: Philipp Glock, (Partner, Lead-Management), Dominique Kurtz (Senior Associate), Marie Fay (Associate), Marco Dauner (Associate)

Employment: Achim Braner (Partner), Nadine Ceruti (Counsel)

Real Estate: Matthias Wagner (Partner)

Commercial: Dr. Johannes Teichmann (Partner), Rebecca Romig (Counsel)

Antitrust law: Dr. Sebastian Felix Janka LL.M. (Partner),Alexandra Riester(Associate)