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Latham & Watkins Advises Activant Capital in WorkMotion’s Series A Financing

August 10, 2021
A cross-border team represents the growth equity fund in its first German investment.

WorkMotion has announced that it has raised US$24 million in a Series A financing. The round was led by Activant Capital.

The German startup helps companies hire employees in locations where there they have no legal entity by creating employment contracts that comply with the laws of the country of the employee and those in which the company has headquarters.

Latham & Watkins LLP represents Activant Capital in the transaction with a corporate deal team led by New York partner Stelios Saffos and Frankfurt partner Markus Krüger, with New York associate Teddy Ellison. Advice was also provided on IP and technology transactions matters by Frankfurt partner Susan Kempe-Müller; on compliance and employment law matters by Munich partner Tobias Leder; and on tax matters by New York partner Greg Hannibal.