Motive Partners, a private equity firm focused on building, backing and buying technology companies, has purchased Embedded/Capital GmbH, a European venture capital company focused on supporting financial technology.
Embedded/Capital was formed in Berlin, Germany. The team is led and founded by Ramin Niroumand and Michael Hock, fintech business builders and operators turned investors. The combination of Motive and Embedded/Capital looks to bring together talent from across the industry to capitalize on market dynamics and opportunities as new financial technologies and business models emerge.
“This acquisition not only adds depth and capability to our team, but provides critical strategic benefits to the rest of the firm, including innovation insights and learning, attracting top talent and enhanced sourcing networks,” states Blythe Masters, founding partner at Motive Partners.
Motive Partners was advised by Gibson Dunn & Crutcher LLP and Hengeler Mueller. Embedded/Capital was advised by Poellath + Partners.