GRUENDELPARTNER advises on the sale of evan GmbH to Blockchains, Inc.

Blockchains, Inc, a Nevada-based blockchain technology company committed to protecting and empowering individuals in the digital space, has fully acquired Dresden-based evan GmbH, Germany.

evan GmbH was founded in 2018 and brings more trust into the digital market economy with the developed solutions. Decentralized identities enable companies to interact with each other and exchange data directly without being dependent from central platforms. The technologies automate business processes in a trustworthy manner and make them comprehensible for all parties at the same time. These advantages are now to be integrated into the blockchain products currently under development.

In addition to the founders, Technologiegründerfonds Sachen, bm-t beteiligungsmanagement thüringen and two business angels were among the selling shareholders.

GRUENDELPARTNER acted as lead counsel for the transaction with a team led by Dr. Steffen Fritzsche. GRUENDELPARTNER’s Equity Capital practise group is one of the most experienced and best staffed advisory units in Central Germany and regularly advises investors and founders in international exit processes.

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