Alpha VCX and Invest AG invest in comvaHRo
Munich — GÖRG has advised the shareholders of HR service provider comvaHRo GmbH, Stefan Franke and Marco Peine, on the entry of investors Alpha VCX and Invest AG. A team led by Munich partner Dr. Bernt Paudtke provided legal advice on the transaction.
With the investment of Alpha VCX and Invest AG, comvaHRo GmbH is strategically positioning itself for the next phase of growth. The company aims to significantly expand its position as the leading HR service provider in the DACH region by 2030. The plan is to selectively acquire and integrate complementary providers and strengthen its presence in Germany, Austria and Switzerland.
In addition to capital, the new investors also bring many years of experience in scaling HR service providers and thus support the company’s expansion and buy-and-build strategy.
comvaHRo GmbH, based in Grasbrunn near Munich, has specialized in digital HR transformation since it was founded in 2016. With a combined software and service platform, the company offers solutions for HR administration, payroll accounting, time recording and applicant management as well as comprehensive payroll services. Today, comvaHRo employs around 50 people at its sites in Grasbrunn near Munich and Hamm (North Rhine-Westphalia) and supports medium-sized and large companies throughout the DACH region.
GÖRG provided comprehensive corporate law advice to the shareholders in negotiating the investors’ entry and the future joint cooperation.
Advisor to shareholder comvaHRo GmbH: GÖRG Partnerschaft von Rechtsanwälten mbB
Dr. Bernt Paudtke (Lead, Partner, Corporate Law/M&A, Munich)
Tobias Reichenberger (Associated Partner, Corporate Law/M&A, Munich)
Dr. Karl-Georg Küsters, LL.B., LL.M. Taxation (Associated Partner, Tax, Cologne)
Jonas Böttger (Associate, Corporate Law/M&A, Munich)
About Invest AG
Invest AG invests in medium-sized companies in German-speaking countries. We focus on profitable companies from a wide range of industries. We usually invest between € 0.3 million (at least € 2.5 million in Germany) and € 40 million of our own funds (“equity tickets”) per transaction. Together with our strong co-investor network, we can also support much larger transactions. — www.investag.at
About Alpha VCX
Alpha VCX is a private (owner-managed) Austrian investment company with a focus on investments in the software and IT sector. Alpha VCX invests in successful and promising companies that already have a very good market position. Growth potential, both organic and through acquisitions, is important to us. Due to our extensive operational experience in building up companies, Alpha VCX sees itself as a partner to owners and management and also supports management buy-outs (MBO) and management buy-ins (MBI) as well as buy & build growth strategies. — www.alphavcx.com