ARCUS Capital AG and BayBG Bayerische Beteiligungsgesellschaft mbH acquired an unknown majority stake in BitterPower GmbH from Good Brands AG (HMSE:G4B), Grenion Capital UG (haftungsbeschränkt), Start Now GmbH, Andre Sierek and Jan Stratmann on December 18, 2020. Post transaction, Good Brands AG and Grenion Capital UG (haftungsbeschränkt) will not hold any stake in BitterPower, whereas both founders and Chief Executive Officers, Andre Sierek and Jan Stratmann as well as Start Now GmbH will continue to hold a minority stake in BitterPower. MONTIS Corporate Finance GmbH acted as financial advisor to Good Brands AG, Grenion Capital UG (haftungsbeschränkt), Start Now GmbH, Andre Sierek and Jan Stratmann. Founders Andre Sierek and Jan Stratmann and the previous shareholder Judith Williams will remain significantly involved in the BitterPower. ARCUS Capital AG and BayBG Bayerische Beteiligungsgesellschaft mbH completed the acquisition of an unknown majority stake in BitterPower GmbH from Good Brands AG (HMSE:G4B), Grenion Capital UG (haftungsbeschränkt), Start Now GmbH, Andre Sierek and Jan Stratmann on December 18, 2020. Christoph Eppinger, Felix Fries, Florian Seizer, Alexander Euchner and Andreas Forrai of Ebner Stolz acted as financial advisor and also advised on tax due diligence purposes to ARCUS Capital.