Raisin GmbH acquired Deposit Solutions GmbH from a group of sellers in a merger of equals transaction on June 24, 2021. The new merge company will change its name to Raisin DS GmbH. FinLab AG will hold low single percentage stake in the merged company in future. Both companies' current management will take over leadership roles at Raisin DS. Thus, both Chief Executive Officers, Tamaz Georgadze and Tim Sievers will initially lead the new company as co-Chief Executive Officers. Tim Sievers will then move to the company's Advisory Board at the end of the year. A team led by Sascha Leske, Felix Blobel, Dominik Rompza, Stefan Schwab, Yvonne Dietzel, Benjamin Jahn, Thomas Thalhofer, Kathrin Westermann of Tom Billing of Noerr has advised Deposit Solutions.

Raisin GmbH completed the acquisition of Deposit Solutions GmbH from a group of sellers in a merger of equals transaction on June 24, 2021. Carsten Bernauer, Stefan Schultes-SchnitzleinSven Greulich and Nils Kürten of Orrick Hölters & Elsing acted as legal advisors to Headline. Christoph Rödter of Orrick, Herrington & Sutcliffe Germany, Jonathan Rosen of Orrick, Herrington & Sutcliffe (Europe) LLP and James Larkin of Orrick, Herrington & Sutcliffe LLP also acted as legal advisors to Headline.