Wetzlar / Göppingen / Wollerau (CH) — Nachfolgekontor, in association with sonntag corporate finance, has advised the owner family of MAIBACH Verkehrssicherheits- und Lärmschutzeinrichtungen GmbH (“MAIBACH”) in the course of a succession plan by the new owner NOLEX AG (“NOLEX”).
MAIBACH was founded in 1946 with its headquarters in Göppingen, Baden-Württemberg, and has since positioned itself as a leading specialist for traffic safety and noise protection equipment in Germany.
With its three largely independently operating divisions — Traffic Safety, Reptile and Amphibian Protection and Noise Protection Systems — MAIBACH offers its customers a wide range of innovative and high-quality products as well as services and installation work.
MAIBACH’s long-standing customer base includes, in particular, companies from the traffic safety and (road) construction sectors. New owner for further growth As part of an age-related succession, the owner family is now handing over the companies MAIBACH VUL GmbH, based in Göppingen, MAIBACH AUS GmbH, based in Strobl am Wolfgangsee, and MAIBACH VUL GmbH, based in St. Gallen, to the new owner NOLEX.
The Swiss investment holding company based in Wollerau (CH) has focused on the long-term development of medium-sized companies in Switzerland, southern Germany and Vorarlberg (AT).
“We are delighted to have found a new, strong partner in NOLEX, who will take MAIBACH’s previous success story to a new level in the long term and with comprehensive expertise,” says Hans-Dieter Maibach. Strategic succession planning is becoming increasingly important For the Nachfolgekontor project team, led by Julian Will, Dennis Minnert and Sebastian Ringleb, the takeover marks the 22nd transaction they have supported this year.
“MAIBACH operates in a dynamic market environment in which strategic corporate decisions are becoming increasingly important alongside technical innovations. Road safety technologies must be continuously developed in order to keep pace with the requirements of automated and connected driving. At the same time, there is increasing pressure to find ecologically compatible solutions that ensure both the protection of amphibians and the reduction of traffic noise,” explains Dennis Minnert, Senior Associate at Nachfolgekontor.
Julian Will, Managing Director at Nachfolgekontor, adds: “A successful succession plan is crucial not only to secure a sustainable market position, but also to drive forward the long-term development of the company. We are therefore all the more pleased that in NOLEX we have been able to identify the ideal partner for our client, with whose support MAIBACH can once again expand its pioneering role within the industry.” About Nachfolgekontor and sonntag corporate finance Nachfolgekontor GmbH, together with sonntag corporate finance GmbH, is one of the leading M&A advisory firms in the German SME sector. The team of almost 30 experts accompanies medium-sized entrepreneurs exclusively through the entire sales process. “Our task is to safeguard life’s work,” is how we see ourselves. In doing so, customers benefit from a unique approach that has won multiple awards from the business press, and which protects the identity of their companies to a special degree. Thanks to their excellent access to medium-sized companies, Nachfolgekontor and sonntag corporate finance have also established themselves as a strong partner at the side of renowned national and international major companies and investors in acquisitions. This is also demonstrated by the top position recently achieved at the Mergermarket League Table. With a total of ten accompanied transactions in the first quarter of 2024, the M&A consultancy ranks first in Germany.
www.nachfolgekontor.de | www.sonntagcf.com About MAIBACH Verkehrssicherheits- und Lärmschutzeinrichtungen GmbH MAIBACH.com/ About Nolex www.nolex.ch
Author: Tatjana Anderer
Munich — Airbus Ventures, one of the most prolific investors in space startups, has launched a USD 155 million fund to be deployed in the emerging space sector as well as the broader “deep tech” ecosystem.
Airbus Ventures currently has USD 465 million under management, with Fund‑Y being the fourth fund launched to date.
“This fund is to explore new opportunities, and space is one of them,” Thomas d’Halluin, Managing Partner of Airbus Ventures, told CNBC.
— The move comes at a time when investment in the space industry, particularly from venture capitalists, is recovering after two lean years.
Airbus Ventures’ new “Fund‑Y” targets long-term opportunities in early-stage deep tech startups, which d’Halluin defines as “going back to the laws of physics and not being afraid of what’s hard.”
Historically, “deep tech” is a classification for companies working on technologies that face major scientific or technical obstacles.
— While Airbus Ventures has traditionally deployed the majority of its funding in the U.S., d’Halluin explained that Fund‑Y is intended to be global in scope.
In particular, he sees “very strong momentum” for space startups in Europe and Japan.
Founded in 2016, Airbus Ventures takes a different approach to traditional venture capital firms.
The company keeps its distance from its namesake company, the European aerospace company, and more than half of its Fund‑Y comes from external capital such as institutional investors, private equity and family offices.
About a third of the capital provided by Airbus Ventures so far has gone to the space sector, it said, backing 14 pure-play companies in the space, including startup Impulse, lunar cargo company ispace and tracking service LeoLabs.
“This is about patience. Often, and too often, people want instant wins. Space is not a place of instant gratification,” said d’Halluin.
He emphasized the importance of funding founders with the “extremely rare” trait of great execution and highlighted Airbus Ventures’ support for Impulse.
The startup was founded by Tom Mueller, who is known for developing SpaceX’s rocket engines.
“Impulse was successful in its first mission thanks to Tom’s 17 years of experience at SpaceX,” said d’Halluin.
“This element of human capital that is often neglected in deep tech diligence — this notion of who captures the execution, knowledge and skills in a particular company — is what we focus on,” he added.
Cologne — YPOG provided comprehensive legal advice to REWE Group in connection with the $150 million financing round of the Berlin-based express delivery service Flink.
The total amount consists of $115 million equity and $35 million debt.
In addition to existing investors such as Bond, Northzone and Mubadala, various new investors also participated in the round.
At the same time, Flink has entered into a strategic partnership with Just Eat Takeaway, and a partnership with REWE Group has been in place since 2021.
These partnerships enable Flink to further integrate its services in Europe and thus expand its market presence in Europe.
As part of its expansion strategy, Flink plans to open 30 new locations over the next 12 months to expand its range of fast delivery services and reach more customers. About REWE Group The cooperative REWE Group is one of the leading retail and tourism groups in Germany and Europe.
In 2023, the company achieved a total external turnover of over €92 billion.
Founded in 1927, REWE Group is present in 21 European countries with around 390,000 employees.
Johannes Janning’s team has advised REWE Group several times in the past, including on the €58 million financing round of Infinite Roots and most recently on the $61 million financing round of Formo.
Advisors REWE: YPOG Dr. Johannes Janning (Lead, Transactions), Partner, Cologne; Matthias Kresser (Venture Debt), Partner, Berlin/Hamburg; Laura Franke (Transactions), Senior Project Lawyer, Cologne; Nina Ahlert (Transactions), Senior Associate, Cologne; Dr. Matthias Schatz (Corporate), Partner, Cologne; Dr. Malte Bergmann (Tax), Partner, Hamburg; Dr. Benedikt Flöter (IP/IT/Data Protection), Associated Partner, Berlin The in-house team of REWE Group was led by Dr. Ulrich Fleischer (Senior Legal Counsel — M&A and Financing).
About YPOG YPOG is a law firm specializing in tax and commercial law, active in the core areas of funds, tax, banking + finance and transactions.
The YPOG team advises a wide variety of clients. These include emerging technology companies and family-run medium-sized enterprises as well as corporations and private equity/venture capital funds. YPOG is one of the leading addresses for venture capital, private equity and fund structuring in Germany. The firm and its partners are ranked nationally and internationally by JUVE, Best Lawyers, Legal 500, Focus, Chambers and Partners and Leaders League. Today, YPOG employs more than 120 experienced lawyers, tax consultants, tax specialists and a notary in three offices in Berlin, Hamburg and Cologne. www.ypog.law
Frankfurt a. M. — Willkie Farr & Gallagher LLP has advised Insight Partners on the $54 million Series B financing round of Qualifyze GmbH (“Qualifyze”) with participation of existing investors HV Capital, HarbourVest Partners, H14 and Cherry Ventures. Qualifyze, based in Frankfurt am Main, operates an integrated audit management platform that simplifies compliance audits for life sciences companies and serves over 1,200 pharmaceutical and healthcare companies worldwide.
The platform provides a centralized system to manage all aspects of audits and ensures the highest quality and compliance standards for clients across the industry. Insight Partners is a global software investor that partners with high-growth technology, software and internet startups and scale-up companies that are driving transformative change in their industries.
Insight Partners has invested in more than 800 companies globally and had over $80 billion in regulatory assets under management as of December 31, 2023.
Willkie advised on all aspects of the transaction, KNPZ Rechtsanwälte advised on IP, IT and data protection issues Advisors on the transaction: Willkie Farr & Gallagher LLP The Willkie team was led by partner Miriam Steets (Corporate/M&A/Venture Capital, Munich) and included partners Matthew Haddad (Corporate/M&A/Venture Capital, New York), Dr. Patrick Meiisel (Tax, Frankfurt) and Andrew Silberstein (Tax, New York), counsel Wulf Kring (Tax, Frankfurt) and Martin Waskowski (Employment, Frankfurt) as well as associates Denise Kammerer (Frankfurt), David Strätling (Munich), Marie Moellering (Frankfurt), Luca Fuhrmann (Frankfurt), Nils Hörnig (Munich) (all Corporate/M&A), Sascha Winkler (Employment, Frankfurt), Dr. Laurin Havlik (Compliance, Munich) and Marcel Seemaier (Tax, Frankfurt).
About Willkie Farr & Gallagher LLP Willkie Farr & Gallagher LLP provides leading legal solutions to complex, business-critical issues that span markets and industries.
Our approximately 1,200 lawyers in 15 offices worldwide provide innovative, pragmatic and sophisticated legal services in approximately 45 practice areas.
Find out more at www.willkie.com. The KNPZ team comprised partner Dr. Kai-Uwe Plath as well as senior associates Matthias Struck and Jan Schäfer and associates Moritz Schmitz and Julius Hildebrandt (all Hamburg).
Hamburg — The Hamburg-based Ufenau Capital subsidiary The Relevance Group GmbH (TRG) has acquired IMG Interactive Marketing Group GmbH.
A GÖRG team led by Frankfurt partners Dr. Tobias Fenck and Markus Beyer provided The Relevance Group with comprehensive legal and tax advice on the transaction.
Founded by Jürgen Rösger, Hamburg-based IMG GmbH has established itself as a high-end consulting agency for digital growth since 2014.
It specializes in supporting internationally active branded goods and service providers (particularly from the fast-moving consumer goods, automotive, retail, telecommunications, IT and communications industries), in particular in the development and implementation of new forms of consumer communication, especially in the area of mobile communication and advertising.
The company also acts as a “task force” and “think tank” for the top marketing management of sales-oriented industries.
Its clients include Lufthansa, Deutsche Bahn and Deutsche Glasfaser.
TRG is a European group of companies of a fund advised by Ufenau Capital Partners.
It was founded in Hamburg in 2022 and is a provider of data-driven sales and marketing optimization.
IMG is already the sixth partner company in the rapidly growing TRG and significantly enriches the group’s portfolio in the areas of digital business, customer experience, organic growth and data analytics.
In addition to IMG, TRG’s network of experts includes five other specialized partner companies in Germany, the Netherlands and Switzerland: Datalogue Group, DataLab GmbH, Converto AG, Markteffect and DirectResearch.
Under the leadership of GROUP CEO Andreas Hannemann, CFO Jan Kaeten and CPO Peter Joachim Fiegel, TRG aims to become Europe’s leading partner for data-driven relevance.
The expansion is supported by the Swiss investor group Ufenau Capital Partners.
GÖRG advised TRG on the acquisition of IMG, including corporate, tax, employment and IT law.
In this context, the team led by Dr. Tobias Fenck and Markus Beyer had already successfully advised Ufenau on its investment in Datalogue. Advisor to The Relevance Group GmbH: GÖRG Partnerschaft von Rechtsanwälten mbB
Dr. Tobias Fenck, Foto (Lead, Partner, Corporate Law/M&A, Frankfurt am Main) Markus Beyer, LL.M. (Lead, Partner, Corporate Law/M&A, Frankfurt am Main) Dr. Adalbert Rödding, LL.M. (Partner, Tax, Cologne) Jonas Hain (Associate, Corporate Law/M&A, Frankfurt am Main) Dr. Karl-Georg Küsters, LL.B., LL.M. Taxation (Associate Partner, Tax, Cologne) Philipp Albert (Associate, Corporate/M&A, Frankfurt am Main) Fabienne Lampe, M.mel. (Associate, Corporate/M&A, Hamburg) Florian Seidl (Associate, Employment Law, Frankfurt am Main) Dr. Valentin Zipfel (Associate, IP,IT, Commercial, Frankfurt am Main) About Ufenau Capital Partners Ufenau Capital Partners is an independent Swiss investment group based on Lake Zurich.
It focuses on majority investments in service companies in the DACH region as well as Spain, Portugal, Poland, Benelux and the UK, which are active in the areas of business services, healthcare, IT services, education and financial services.
Since 2011, Ufenau has invested in >350 service companies in Europe.
With an extensive circle of renowned and experienced industry partners (owners, CEOs, CFOs), Ufenau Capital Partners pursues an active value-added investment approach at eye level with the entrepreneurs.
Ufenau manages EUR 3.0 billion in assets under management.
Hattingen/Uelzen — The Rivean subsidiary TonerPartner Group, one of the leading online retailers of printer ink and toner in Europe, is strengthening its market position by acquiring its competitor Trensco.
Rivean Capital has owned the TonerPartner Group since 2021.
— TonerPartner acquires 100 percent of Trensco GmbH und Co KG in Uelzen with its sales brands HD Toner and HQ-Fit.
This creates the largest German online distributor in this sector with around one million active customers and an annual turnover of over 100 million euros.
Following the acquisition of the French provider SAS Rousselle.com in 2021 and the purchase of Druckerpatronen.de one year later, the TonerPartner Group is thus continuing its dynamic growth.
“HD Toner serves an impressive number of private and business customers. We see strong growth potential for the company through optimized, AI-supported online marketing, synergies in purchasing and the marketing of our sustainable products under our own ‘Green Line’ brand to HD Toner customers,” says TonerPartner Group CEO Morten Severon.
He adds: “With products relating to sport and fitness, which are sold under HQ-Fit, the Uelzen-based company has successfully established a second mainstay that is also of interest to the TonerPartner Group.”
The Trensco products will continue to be sold under the established HD Toner and HQ-Fit brands.
“The TonerPartner Group provides Trensco with completely new growth opportunities. Together with the TonerPartner Group’s strong brands, a highly professional sales platform and excellent know-how, we know that Trensco and its employees are in the best hands,” emphasize Anja and Patric Weiß, founders and managing directors of Trensco.
“With the acquisition of Trensco, Rivean Capital is investing further in the TonerPartner platform and significantly expanding its market position. This is another example of Rivean Capital’s role as a growth partner for entrepreneurs in the SME sector,” says Andreas Klab, Partner and Head of Rivean Capital’s German office. Rivean Capital has owned the TonerPartner Group since 2021. Relocation of logistics from Hattingen to Uelzen in 2025 The TonerPartner Group’s administrative location will remain in North Rhine-Westphalia.
The logistics center will move to Uelzen, where Trensco has its own warehouse.
The lease for the logistics warehouse in Hattingen (North Rhine-Westphalia) will expire in the middle of next year due to the landlord’s new development plans. About Rivean Capital Rivean Capital is a leading European private equity investor for mid-market transactions with activities in the DACH region, the Benelux countries and Italy.
Funds advised by Rivean Capital manage assets in excess of €5 billion.
Since its foundation in 1982, Rivean Capital has supported more than 250 companies in realizing their growth targets.
In Germany, Rivean Capital is invested in the following companies in addition to TonerPartner: Dataciders, Green Mobility Holding, ]init[ AG für digitale Kommunikation and Best4Tires.
www.riveancapital.com
Cologne — Oppenhoff has once again comprehensively advised the EIC Fund on its German investments.
This time, the EIC Fund invested in the Munich-based start-up Reverion GmbH together with the US lead investor Energy Impact Partners (EIP) and Honda Motor, among others.
The existing investors Extantia Capital, UVC Partners, Green Generation Fund, Doral Energy-Tech Ventures and Possible Ventures were also involved in the financing round.
The investment was made as an equity investment as part of a Series A financing round under the “Horizon Europe Program”.
The oversubscribed financing round had a total volume of around 62 million US dollars.
Reverion is a spin-off of the Technical University of Munich.
The ClimateTech company builds reversible, CO2-negative power plants using an innovative high-temperature fuel cell system.
It thus realizes carbon-negative and emission-reducing energy generation. The EIC Fund is the special fund of the European Innovation Council and thus the central investment vehicle of the European Commission. It serves to implement the European Commission’s EIC Accelerator program, which supports innovative and sustainable European growth companies. The EIC Fund is advised by the European Investment Bank. The EIC (European Innovation Council) was founded in the context of the pilot project “Horizon 2020 — the Framework Programme for Research and Innovation” and was successfully continued in 2021 with the launch of the “Horizon Europe Programme”. With a duration from 2021 to 2027 and a total budget of up to €95.5 billion, it is one of the largest funding programs for research and innovation worldwide. In 2023, the EIC Fund supported over 100 investment rounds in deep tech companies and secured co-investments from 280 other investors worth EUR 1.2 billion.
Oppenhoff has regularly advised the EIC Fund on its investments in German start-ups since 2021. Advisor EIC Fund: Oppenhoff & Partner lead Dr. Carolin Roßkothen (Corporate / M&A); Dr. Maike Mestmäcker (Corporate), Dr. Patric Mau (IP), Marvin Rochner (Real Estate) and Dr. Carsten Bormann (Regulatory).
Oppenhoff regularly advises companies in the field of venture capital, most recently for example the EIC Fund on the 53 million Euro Series B financing round of Infinite Roots or on the investment in the tech start-up STABL Energy as well as SellerX on the acquisition of KW-Commerce and BeyondBuild on the strategic merger of spaceOS and Equiem Holdings. About Oppenhoff & Partner The full-service law firm Oppenhoff develops industry-specific solutions for national and international corporations, large owner-managed companies, institutions, strategic investors and financial investors.
More than 100 lawyers advise clients throughout Germany in all important areas of commercial and tax law. Oppenhoff & Partner Rechtsanwälte Steuerberater mbB (“Oppenhoff”) is a partnership company registered in the partnership register of the Essen Local Court with the registration number PR 1850 and its registered office in Cologne.
Munich — SKW Schwarz has advised the Munich-based software developer Probis Software GmbH on an investment by JLL Spark Global Ventures.
In the course of a Series A financing round, JLL Spark invested the largest share of the participating investors.
Munich-based Probis offers cloud-based software for multi-project controlling in the real estate and finance sectors.
Since its foundation in 2022, the company has completed up to 1,000 projects annually.
JLL Spark Global Ventures is the corporate venture arm of Jones Lang LaSalle (JLL).
Since June 2018, JLL Spark has invested over USD 390 million in more than 50 early-stage proptechs.
SKW Schwarz had already advised Probis Software GmbH in 2022 on the entry of the investor EKK. Advisor Probis Software GmbH: SKW Schwarz, Munich Dr. Martin Böttger, photo © SKW (Corporate/M&A, lead), Dr. Daniel Meßmer (IT); Associates: Christine Wärl (Corporate/M&A), Tamara Ulm (Employment)
Cologne — Oppenhoff has advised the Saint-Gobain Group on the sale of the automotive supplier FREEGLASS GmbH & Co. KG to Hannover Finanz as part of a carve-out.
Saint-Gobain is a global supplier of materials and solutions used in the construction sector, among others.
In Germany, the company is primarily known for its leading building material brands ISOVER, Rigips, Weber and Ecophon as well as for its glass production.
As an international partner to the automotive industry, FREEGLASS develops and produces three-dimensional plastic components at its plant near Stuttgart.
Its products include windows and covers with innovative products that enable the integration of functions and sensors.
The company employs 120 people and produces around two million components per year. Advisor Saint-Gobain Group: Oppenhoff & Partner led by Myriam Baars-Schilling and Sebastian Gutmann included Maike Mestmäcker (all Corporate / M&A), Dr. Gunnar Knorr (Tax) and Dr. Stefanie Minzenmay (Real Estate).
Advisor Saint-Gobain Group : Oppenhoff & Partner has been advising on transactions of national and international companies as well as on corporate law matters for decades.
The M&A team, which has received numerous awards in industry handbooks, recently advised the Wilms Group on the sale of Südkabel, the Iveco Group on an agreement with Mutares to transfer the MAGIRUS Group, SnowWorld on the complete takeover of Alpenpark Neuss and the Austrian Federal Railways ÖBB on the acquisition of Go-Ahead Deutschland.
The in-house Saint-Gobain team consisted of Matthias Zenner, Eva Beutin and Henrik von Wietersheim.
Berlin — Global law firm Norton Rose Fulbright has advised Kommunalkredit Austria AG on the financing of thermondo GmbH in the amount of EUR 20 million for the acquisition of the solar energy company FeBeSol GmbH.
The financing consists of a fixed term loan facility in the amount of EUR 17 million and a revolving term loan facility in the amount of EUR 3 million.
Berlin-based thermondo GmbH is Germany’s largest heat pump installer with over 600 permanent employees.
Since it was founded in 2013, the company says it has replaced over 50,000 heating systems in Germany with heat pumps.
thermondo is backed by Canadian investor Brookfield Infrastructure Partners and German investors E.ON, HV Capital, Vorwerk, Rocket Internet and 10x.
FeBeSol GmbH, based in Sankt Leon-Rot in southern Germany, is a solar energy company founded in 2009 that supports its customers from planning and application to the installation and maintenance of solar systems.
To date, the company has installed more than 6,000 photovoltaic systems in Germany and abroad.
The acquisition of FeBeSol makes thermondo one of the top 10 players on the German photovoltaic market and consolidates its leading position on the German B2C heat pump market.
Kommunalkredit Austria AG, based in Vienna, is a specialist bank for infrastructure and energy financing in Europe.
From the provision of debt and subordinated capital to mezzanine and bridge financing and equity, the company offers flexible financing solutions across the entire capital structure. Kommunalkredit Austria was advised by an international team from Norton Rose Fulbright led by Frankfurt partner Dr. Bernhard Fiedler (Banking/Finance).
In addition, the team consisted of Jan Peter Weiland (Counsel, London), Lenka Michalko (Senior Associate), Kristina Thielemann (Associate) (both Frankfurt, Banking/Finance) as well as Bernd Dreier (Partner, Munich) and Dr. Malte Ingwersen (Counsel, Hamburg) (both Corporate/M&A).
thermondo was advised by Lupp+Partner. About Norton Rose Fulbright Norton Rose Fulbright is a global commercial law firm. With more than 3,500 lawyers at over 50 locations worldwide in Europe, the USA, Canada, Latin America, Asia, Australia, Africa and the Middle East, we advise leading national and international companies. We offer our clients comprehensive advice in all major industries. These include Financial Institutions; Energy; Infrastructure, Mining and Commodities; Transportation; Technology and Innovation; and Life Sciences and Healthcare. Our global Risk Advisory Group combines this extensive industry experience with its expertise in legal, regulatory, compliance and governance matters. This enables us to provide our clients with practical solutions to the legal and regulatory risks they face. Wherever we operate, we act in accordance with our business principles of “Quality, Unity and Integrity”. We provide legal services of the highest standard and maintain this level of quality in every contact. The Swiss association Norton Rose Fulbright helps to coordinate the activities of Norton Rose Fulbright members, but does not provide legal advice to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg. For more information, visit nortonrosefulbright.com/legal-notices.
Munich/Bonn — Rödl & Partner has advised Ipsos SA with an interdisciplinary team on a public takeover offer to acquire infas Holding AG, a major player in the field of market, opinion and social research in Germany.
Ipsos, one of the world’s leading market research companies, has launched a voluntary public takeover offer for infas Holding AG.
This transaction enables Ipsos to combine its international reach and operational know-how with the expertise and reputation of infas.
This will enable Ipsos to further strengthen its position as a provider of market research and consulting services in Germany.
The Rödl & Partner team supported Ipsos with a financial and tax due diligence.
Partner James Murphy was responsible for the overall project management and financial due diligence.
The tax due diligence was carried out by partner Dr. Christoph Götz. About Ipsos SA Ipsos claims to be one of the world’s leading market and opinion research companies.
The company employs around 20,000 people and is represented in 90 countries.
With more than 5,000 clients, Ipsos offers comprehensive research and analysis expertise that provides deep insights into people’s behavior, opinions and motives.
In Germany, more than 500 employees work in Hamburg, Berlin, Munich, Frankfurt and Nuremberg.
The company was founded in 1975 by Didier Truchot and is headquartered in Paris, France.
Ipsos has been listed on the Paris Stock Exchange since 1999. About infas Holding AG infas is a listed, private and independent research institute based in Bonn, Germany, which conducts national and international ad hoc studies on topics such as the labor market, education and transport.
Founded in 1959, the company employs 300 people, including over 150 scientists, and generated a turnover of around 50 million euros in 2023.
The company consists of several subsidiaries, including infas Institut für angewandte Sozialwissenschaft, infas 360, infas quo and Lutum+Tappert.
infas conducts qualitative and quantitative surveys as well as market analyses in various subject areas, including transportation and health. Rödl & Partner — The agile caretaker for medium-sized global market leaders As lawyers, tax consultants, business and IT consultants and auditors, we are represented at 110 of our own locations in 50 countries. Our clients trust our 5,800 colleagues worldwide. www.roedl.de. Advisor to Ipsos SA: Rödl & PartnerJamesMurphy, Partner, Munich (© Roedl & Partner) — Overall project management Nick Phillips, Manager, London Christoph Niederl, Senior Associate, Munich Tax Services: Dr. Christoph Götz, Partner, Munich, Dr. Susann Sturm, Manager, Munich Lucas Reilly-Schott, Tax Assistant, Munich
Atlanta/ Düsseldorf/ — UPS (NYSE: UPS) announced the acquisition of Frigo-Trans and its sister company BPL (collectively “Frigo-Trans”), industry-leading providers of complex healthcare logistics based in Germany.
Once the acquisition is finalized, UPS will enhance its end-to-end capabilities across Europe for UPS Healthcare customers who increasingly require temperature-sensitive and time-sensitive logistics.
“Rapid innovation in the pharmaceutical industry is creating the need for more integrated refrigerated and frozen supply chains,” said Kate Gutmann, EVP and President of International, Healthcare and Supply Chain Solutions at UPS.
“Frigo-Trans will help deepen our portfolio of solutions for our customers and accelerate our journey to become the global leader in complex healthcare logistics to meet their needs.”
Frigo-Trans’ network includes a temperature-controlled warehouse covering six temperature zones from cryopreservation (-196°C) to ambient (+15° to +25°C), a pan-European cold chain transportation solution and temperature-controlled and time-critical freight forwarding services.
The transaction is expected to close in the first quarter of 2025, subject to customary regulatory reviews and approvals.
The value and terms of the transaction will not be disclosed at this time. About Frigo-Trans Frigo-Trans provides a comprehensive warehousing and transportation solution for pharmaceutical and biotech customers.
Frigo-Trans utilizes world-class distribution facilities and a pharmacy-focused, pan-European cold chain transportation network.
Other value-added services include packaging, handling and inventory management.
The Frigo-Trans network is headquartered in Fußgönheim, Germany and covers all European countries. About BPL BPL offers customized transport management for GDP-compliant shipping of time-critical and temperature-sensitive products.
BPL manages a high-quality network of air and sea freight carriers and handles customs clearance to meet customers’ complex cross-border requirements.
Temperature-controlled packaging is an additional value-added service.
BPL primarily caters to biopharma customers with specific temperature, quality and speed requirements.
BPL is headquartered in Düsseldorf, Germany. About UPS UPS (NYSE: UPS) is one of the world’s largest companies, with revenues of $91.0 billion in 2023, providing a broad range of integrated logistics solutions to customers in more than 200 countries and territories.
The company’s approximately 500,000 employees pursue a strategy that is simply formulated and powerfully implemented: “Moving our world forward by delivering what matters”: Customer first.
People led.
Innovation driven.
UPS is committed to reducing its impact on the environment and supporting the communities we serve around the world.
UPS is also a tireless advocate for diversity, equality and inclusion.
For more information, visit ups.com, about.ups.com and investors.ups.com.
Munich — Mavie, the leading provider of workplace health promotion in Austria, is expanding into the German market by acquiring a majority stake in wellabe.
The strategic partnership offers companies and employees a more comprehensive range of services to promote physical and mental health with innovative solutions and a strong network of experts.
Mavie, an innovative holistic healthcare provider from Austria, is entering the German market with the acquisition of a 60% stake in the HealthTech start-up wellabe.
wellabe offers health check-ups at the workplace and personalized, digital prevention programs.
With their mobile health stations, they provide employees with a comprehensive insight into their current health status in less than 20 minutes.
The results are available to participants in real time in the wellabe app and can be discussed with a health coach as part of a video consultation.
By acquiring a majority stake in wellabe, Mavie is taking a further step in its expansion strategy and consolidating its position as a leading provider of workplace health promotion in Austria.
Building on Mavie Work’s strong market position in Austria, the company will work with wellabe to offer an even broader range of innovative health services for companies in future. wellabe: HealthTech startup for healthier cooperation Founded in Germany in 2018, the HealthTech startup wellabe currently supports around 100 B2B customers in the field of occupational healthcare.
With health check-ups at the workplace, personalized, digital prevention programs and mobile health stations, the company gives participants a comprehensive insight into their current health status.
The resulting data-based recommendations are tailored to the specific needs of the participants and support them in making sustainable lifestyle changes.
Overall, risk factors can be identified in good time and lifestyle diseases can be proactively prevented.
The company is owned by the Austrian healthcare provider Mavie and SANA Kliniken AG, the third-largest private clinic operator in Germany. Mavie Work: Number 1 in Austria Mavie Work is a leading provider of workplace health promotion in Austria and supports companies and their employees on the path to a healthier organization.
Mavie’s portfolio includes everything that helps organizations and their employees stay healthy.
The services are holistic, encompass physical and mental health and range from modern, low-threshold diagnostic services to exercise programs, mental coaching and nutritional advice.
EAP (Employee Assistance Program) is dedicated to the mental health of employees in confidential personal consultations.
Managers are supported with coaching, seminars and training.
Mavie currently supports around 190 companies with around 145,000 employees.
Mavie is backed by experienced and passionate health experts who are committed to making a lasting and tangible difference to health. Mavie: innovative holistic health provider Mavie has been active as a group of companies since 2020. The Group’s aim is to develop into a holistic, modern healthcare provider that supports and accompanies people throughout their lives in maintaining and improving their health.
Mavie focuses on prevention (staying healthy) and rehabilitation (getting healthy).
Offers are available to both end customers (B2C) and corporate partners (B2B).
Mavie is already active with offerings such as Mavie Work, a provider of occupational healthcare with around 190 corporate customers throughout Austria.
The portfolio also includes cura domo, the Austrian market leader in 24-hour care and an expert in active & assisted ageing with more than 2,500 caregivers.
This is complemented by MavieMe, innovative home tests for blood and gut microbiome, both of which can be carried out conveniently and easily from home.
In addition, Mavie cooperates with the PremiQaMed Group in the development of healthcare services such as Health Mobil, a mobile healthcare service for companies.
As a holistic healthcare provider and strategic investor, Mavie focuses on existing business models and innovations in equal measure, identifying, developing and scaling them to make them accessible to as many people as possible.
Mavie sees itself as an innovator and business partner and invests in companies that fit its strategic focus in the healthcare sector and with which joint business models can be developed through collaboration. POELLATH provided comprehensive legal advice to Mavie with the following team:Christian Tönies, LL.M. Eur. (Partner, Co-Lead, M&A/VC, Munich) Markus Döllner (Photo © Poellath) , LL.M.
(London) (Counsel, Co-Lead, M&A/VC, Munich) Dr. Sebastian Gerlinger, LL.M.
(Partner, M&A/VC, Munich) Christine Funk, LL.M. (Counsel, IP/IT, Frankfurt aM)
Marvin May (Associate, Employment Law, Munich)
Berlin/ Munich — Alphalytik Pharmaservice GmbH, a leading expert in pharmaceutical analytics, announces its integration into GREENPEAK Partners’ subsidiary, the CERTANIA Group, a dynamic group specializing in testing, inspection and certification services.
This strategic move represents a significant milestone for Alphalytik as it expands its offering of specialized stability testing and method validation services to a broader range of pharmaceutical clients. Alphalytik was founded in 1995 and is headquartered in Berlin, Germany.
Alphalytik has built a strong reputation as an independent laboratory specializing in drug product stability testing, method development and release testing under Good Manufacturing Practice (GMP) and US Food and Drug Administration (FDA) guidelines.
With a focus on complex drug formulations, including low-dose and hormonal preparations, Alphalytik serves a diverse customer base that includes some of the world’s leading pharmaceutical companies.
The company’s expertise in ensuring the long-term safety and efficacy of pharmaceutical products makes it a reliable partner.
The merger with CERTANIA will give Alphalytik access to a powerful platform that will enable it to expand its service offering and strengthen its position in the pharmaceutical analytics market.
This partnership will enable Alphalytik to meet the growing demand for specialized pharmaceutical testing services driven by increasing drug development and regulatory requirements.
Dr. Nicolas Schauer has been appointed as the new Managing Director, while Dr. Richard Herzog, the founder of Alphalytik, will continue to support the company in an advisory capacity to ensure a seamless transition and continuity in customer relationships.
“We are excited to join CERTANIA, a group that shares our commitment to excellence in pharmaceutical testing,” said Dr. Richard Herzog, founder of Alphalytik.
“This partnership will provide us with the resources and support we need to continue providing high-quality, reliable services to our customers while pursuing new growth opportunities.” Karsten Xander, CEO and founder of CERTANIA, welcomed Alphalytik to the group and emphasized the strategic importance of the acquisition.
“The addition of Alphalytik significantly strengthens CERTANIA’s position in the field of pharmaceutical laboratory analytics. Their expertise in stability testing and method validation complements our existing services and we see great potential for synergies and growth.”
The acquisition of Alphalytik by CERTANIA underlines the Group’s commitment to expanding its competencies in the life sciences and strengthening its market presence in Germany and beyond.
The integration is expected to drive innovation, enhance the service offering and promote significant growth within the CERTANIA Group. CERTANIA offers medium-sized, knowledge-based companies a platform to develop under one roof, retain entrepreneurial freedom and at the same time benefit from the resources and support of the group. About Alphalytik: Founded in 1995 and headquartered in Berlin, Alphalytik Pharmaservice GmbH is a specialized pharmaceutical laboratory offering stability testing, method development and release testing for medicinal products.
With a focus on complex analytical requirements, Alphalytik serves a diverse clientele, including leading pharmaceutical companies.
The company’s expertise and accredited services ensure the long-term safety and efficacy of pharmaceutical products.
For more information, visit alphalytik.com. About CERTANIA: Under the umbrella of CERTANIA Holding GmbH, a new global market player in the fields of Testing, Inspection & Certification is emerging.
The group offers medium-sized partners a sustainable home for their life’s work.
CERTANIA enables entrepreneurs and owners to develop their business with like-minded people while preserving their entrepreneurial roots, corporate culture, brand and values.
More information at certania.com
Munich — The global law firm Reed Smith, together with DealCircle as main sponsors, invites you to the international conference pemacom for private equity specialists and M&A experts on September 24, 2024 in Munich.
Since 2010, the annual pemacom conference has taken place in Munich during the Oktoberfest and has continuously expanded the range of topics into a private equity and M&A platform.
The event sees itself as a “networking place-to-be” to exchange views on current developments in the markets, economy and strategy. Prof. Dr. Gregor Kirchhof, LL.M. from the University of Augsburg will open this year’s pemacom with a keynote speech on “Paradigm Lost? — About the European Path in a New World”. Dr. Nikolaus von Jacobs (photo © ReedSmith) and Christian von Sydow, both private equity and M&A experts and Partner/Senior Counsel at Reed Smith, will introduce the event.
“With this event, we are bringing together top-class discussion partners and experts from international private equity funds with leading German companies and international institutions and consulting firms, thus creating a unique opportunity for networking and direct exchange on the current private equity and M&A challenges in the market,” says Dr. Nikolaus von Jacobs, Partner at Reed Smith in Munich and Co-Chair pemacom.
The overarching theme against the backdrop of the impact of the US elections is to take stock of the private equity landscape in the current market.
Cross-border transactions to and from the US and within Europe are a topic of this year’s conference, alongside special sector panels on topics including ESG standards, the role of family offices, sector expertise for healthcare/life sciences and digital business models, a look at mid-market transactions and developments in the areas of AI and digitalization, financing and private funds.
Christian von Sydow, Senior Counsel at Reed Smith and Co-Chair of pemacom: “It may come as a surprise that the current transaction data shows that the market is gaining stability. It will be interesting to see what impact, if any, the US election will have on takeover activity. To explore this, our panels in the various sectors will provide an in-depth snapshot of the market and the expectations of market participants.”
All further information on the pemacom event on 24.9.2024 at the Bayerischer Hof in Munich and the current program can be found on the website www.pemacom.com
Bizzdesign and MEGA International, two Gartner-recognized leaders in Enterprise Architecture (EA) software, announced a definitive merger agreement.
In addition, Bizzdesign has signed a further acquisition that will bring the group to total revenues of EUR 110 million and over 600 employees.
These two significant acquisitions will create a leading global player in the digital transformation software market with offices, employees and customers around the world.
The combined group will continue to operate under the Bizzdesign brand, reflecting a shared commitment to innovation and customer-centric solutions. MEGA MEGA will be acquired by its founder and management, as well as by Belgian private equity investor GIMV.
The acquisition of MEGA marks the second step in Bizzdesign’s buy-and-build strategy since the merger with strategic software investor Main Capital Partners (“Main”).
MEGA was founded in 1991 and is headquartered in Paris, France.
The company is represented worldwide, has offices in 10 countries and employs approximately 350 people.
MEGA’s HOPEX platform enables collaboration, automation and actionable insights to accelerate transformation initiatives.
HOPEX’s four core solutions focus on Enterprise Architecture (EA), Business Process Management (BPM), Governance, Risk & Compliance (GRC) and Data Governance.
MEGA serves more than 600 customers in the EMEA, North America, LATAM and APAC regions, including major banks, insurance companies and aerospace companies. Building a global leader in Enterprise Architecture The combination of Bizzdesign and MEGA creates a new market leader in Enterprise Architecture and Digital Transformation, serving a diverse client base of more than 1,000 corporate and government institutions, including blue-chip clients such as HSBC, Shell, Wells Fargo and EDF.
With a highly complementary market presence across all continents, the merger will create a true global market leader in this field.
Bizzdesign and MEGA have been recognized as market leaders in Gartner’s Magic Quadrant for Enterprise Architecture for over ten years, underlining the leading position of both companies in this field.
The combined product offering is well positioned to support organizations in their enterprise transformation initiatives.
“We are very excited to partner with MEGA,” said Bert van der Zwan, CEO of Bizzdesign.
“The merger will accelerate our growth and enable us to deliver more innovative solutions and provide greater value to our customers around the world. We see a fruitful strategic partnership with great potential to deliver a value proposition in international markets together with MEGA.”
Luca de Risi, CEO of MEGA International, explains: “Bizzdesign is an excellent strategic and cultural fit for MEGA.
Our combined strengths and resources will greatly enhance the value of enterprise architecture in transforming organizations.
The MEGA management team is very excited to be a part of this. Sven van Berge Henegouwen, Managing Partner at Main and Chairman of the Supervisory Board of Bizzdesign, summarizes: “This transaction is a milestone in Bizzdesign’s growth strategy. We strongly believe in working with committed entrepreneurs to accelerate innovation for the benefit of their customers. Over the past 20 years, this has been one of the key value drivers for Main Capital in the successful organic and buy-and-build growth strategies we have executed with our business partners. With Bizzdesign and MEGA, we are bringing together two companies that are both known for their innovation and expertise in enterprise architecture, creating a strong foundation for further global expansion. The merger reinforces our strategy of building leading international software groups in one of our core product markets and also marks the official launch of our expansion into France.”
The closing of the MEGA acquisition is still subject to the necessary regulatory approvals. Additional strategic acquisition in the field of digital transformation In addition to the acquisition of MEGA, Bizzdesign recently signed another significant strategic acquisition in the field of digital transformation.
This further acquisition will further strengthen the Group’s already global market-leading position in this area and bring additional complementary and synergistic product opportunities to the Group.
The combined group, including this undisclosed acquisition, will generate revenues of approximately EUR 110 million and employ over 600 people, creating a strong foundation for further organic and inorganic growth.
A detailed announcement of this latest acquisition is expected to be published during Q4 2024. About Bizzdesign https://bizzdesign.com/ Founded in 2000, Bizzdesign is recognized as the trusted global SaaS platform for enterprise architecture and is recognized as a leader by major analyst firms such as Gartner and Forrester.
Bizzdesign helps the world’s leading public and private organizations ensure successful prioritization of investments, transformation initiatives and risk management.
Bizzdesign helps architects and executives to fully envision multidimensional architectural structures, design and plan both current and future architecture, and execute their strategic transformation initiatives with confidence. About MEGA International https://www.mega.com/ Founded in 1991, MEGA is a global software provider specializing in digital transformation solutions to connect IT leaders, process owners, risk managers and data governance officers.
The company is headquartered in Paris, France, and has offices in 10 countries worldwide.
MEGA’s SaaS platform, HOPEX, enables collaboration, automation and creates actionable insights to accelerate transformation initiatives. MEGA serves more than 600 clients in the EMEA, North America, LATAM and APAC regions, including large banks, insurance companies, public administration and the airspace industry. About Main Capital Partners https://main.nl/ Main Capital Partners is a leading software investor in the Benelux, DACH, the Nordics, and the United States with approximately EUR 6 billion in assets under management.
Main has over 20 years of experience in strengthening software companies and works closely with the management teams in its portfolio as a strategic partner to achieve profitable growth and larger outstanding software groups.
As a leading software investor managing private equity funds active in Northwestern Europe and North America, Main has over 75 employees operating out of its offices in The Hague, Düsseldorf, Stockholm, Antwerp, and an affiliated office in Boston.
Main maintains an active portfolio of over 45 software companies.
The underlying portfolio employs over 12,000 employees.
Through its Main Social Institute, Main supports students with grants and scholarships to study IT and Computer Science at Technical Universities and Universities of Applied Sciences.
Berlin — Monda, the all-in-one data monetization platform, announced that it has raised USD 5 million in a seed funding round.
The round was led by Senovo and Acrobator Ventures, with participation from Techstars.
The capital will be used to expand business operations in the US, grow the partner ecosystem and expand the platform to enable any business to securely monetize data.
Monda’s software enables companies to start and scale a data services business.
Monda has seen strong growth in 2024 and the platform is now used by over 150 Data-as-a-Service (DaaS) companies that have created more than 6,000 data products.
Monda has built key partnerships and integrations with world-leading cloud platforms such as Google Cloud, Databricks and SAP.
Since the beginning of the year, the team has doubled to 32 employees.
In addition, Monda is opening its first US office in Boston in fall 2024 to be closer to North American customers, who make up 50% of its customer base.
Monda was founded by tech entrepreneurs and data experts Thani Shamsi and Richard Hoffmann
as a spin-off of Berlin-based Datarade, the world’s largest comparison platform for data providers. Thani Shamsi, founder and CEO of Monda, said: “AI has created a huge demand for high-quality and unique data sets to train AI models. Companies have recognized the monetization of their proprietary data for AI as a business opportunity, but face an increasingly complex global data market. Having worked for a data provider myself, I know these challenges first-hand. We have created Monda to enable any company to build a secure, growing and sustainable data services business — driving AI forward.” More and more AI companies are trying to secure access to proprietary data sets to train and refine their models — and are signing data licenses with data-rich companies like Reddit, Shutterstock, or Yelp. But technical, regulatory and operational challenges prevent companies from monetizing their data: Building a successful data-as-a-service business involves creating data products, integrating with data marketplaces, setting up data distribution, securely sharing data, handling data licenses, and managing compliance. Mona Gindler, Partner at Senovosaid: “As the sourcing and monetization of data moves into the mainstream, data providers need better tools to manage the increasing complexity of the data market. Monda helps them reach more customers while reducing operational overhead, putting the company in a strong position to lead this new software category. Thani and Richard have built a fantastic team and culture in Berlin. We are excited to support their expansion into the US with the new Boston office.” Monda’s data monetization platform has three key differentiators: First, the product is easy to use and allows business users to create data products and publish them to their own data storefront or data marketplaces in just a few clicks. Secondly, Monda’s vertical SaaS approach enables companies to run and manage their entire data services business on one platform. Thirdly, customers appreciate the first-class service and support from an international customer care team. Part of the seed funding will be used to further develop data integrations with cloud platforms, support unstructured data products and roll out additional compliance functionalities.
Richard Hoffmann, Founder and President of Monda, said: “The opening of our first US office in Boston is a pivotal moment for Monda, our US customers and for me personally. I am currently relocating with my family from Germany to the United States to fully dedicate myself to the success and growth of our US client base and local team. The US has always been our most important market as a pioneer in data and AI innovation.” About Monda Monda is a leading B2B SaaS company in the data services industry.
Monda’s all-in-one data monetization platform enables any business to securely share and monetize its proprietary data.
The company was founded in 2024 by Thani Shamsi and Richard Hoffmann as a spin-off of Datarade, the world’s largest comparison platform for data providers.
Monda’s vision is to create a global ecosystem for transparent, secure data sharing to accelerate the AI revolution and progress.
— https://www.monda.ai/ About Senovo Senovo is an early stage venture capital firm based in Munich and Berlin, partnering with exceptional founders and building global B2B SaaS category leaders from Europe.
As a European first-mover, the fund has been investing since 2013 in a new generation of B2B software start-ups that enable the digitalization of medium-sized and large companies.
Senovo invests after the first sales of a company in a late seed or Series A round.
The team of SaaS specialists looks for meaningful relationships at eye level and regularly publishes their insights and expertise on https://medium.com/senovovc. — https://senovo.vc About Acrobator Ventures Acrobator Ventures is an operator-led VC focused on (pre-)seed founders building technology and data companies.
The partners bring a deep understanding of AI/ML and operational excellence with a founder-first mentality.
— https://acrobator.vc
— Lakestar is leading the Series B round, with Elaia and General Catalyst, Speedinvest and Bertelsmann as well as several existing investors also participating.
The funding comes two years after Doccla raised a $17 million Series A round.
The startup Doccla is using technology to solve this problem: It is developing “virtual bed” technology that allows doctors to remotely care for patients who have either been discharged early or, in some cases, never come to the hospital at all.
The company has completed the new financing round to ensure that its expansion into the D‑A-CH region (Germany, Austria and Switzerland) and France is as successful as possible.
The company claims to enroll 1,000 new patients per month.
In the long term, Doccla is aiming for 100,000 new patients per month.
— According to a study funded by the NHS, regional NHS departments were able to reduce emergency room visits by 63 percent by using Doccla and at the same time achieve a 300 percent return on investment.
This probably also convinced those responsible at the Bad Reichenhall district clinic: they brought the system to Germany without further ado as part of a pilot project in February 2024, but are only using it for individual patients for the time being due to the healthcare system not yet being geared towards telemedicine.
Munich / Hamburg — Liberta Partners, a Munich-based multi-family holding company, has taken over CBW- College Berufliche Weiterbildung GmbH from founder and managing director Fahima Wieghard as part of a succession solution.
As part of the takeover, Ms. Wieghard’s daughter Naheed Priehn has been appointed as the new Managing Director.
Ms. Priehn has been with the company for 16 years and was most recently responsible for the operational management of the company as division manager.
Ms. Priehn has acquired a stake in the company as part of the transaction, thus sending a strong signal for the joint growth plans.
CBW is a DIN EN ISO and AZAV-certified training institute with locations in Berlin, Hamburg and Frankfurt am Main.
In addition to subsidized further training and retraining, which can be funded by education or activation vouchers, CBW also offers in-service and open seminars as well as individual company seminars.
CBW offers retraining and further training with state-recognized professional qualifications from the Chamber of Industry and Commerce as well as internationally recognized certificates, for example from SAP or Microsoft.
The focus is on commercial topics, IT training and individual coaching.
CBW also offers special German courses for refugees, particularly in the field of academic healthcare professions, which are funded by the Federal Office for Migration and Refugees (BAMF).
Fahima Wieghard says: “After 20 years, it is time for me to pass the company on to new hands. I am delighted that we have found a responsible owner in Liberta Partners, who will provide my daughter with the best possible support in the further development of CBW.”
Naheed Priehn, Managing Director of CBW, says: “I am looking forward to working with Liberta Partners. The labor market is in the midst of structural change. We want to accompany this change with our offer and enable people to benefit from digitalization and give them new opportunities on the job market.” Nils von Wietzlow, Partner at Liberta Partners says: “CBW is ideally positioned for further growth. Fahima Wieghard and her team have developed a strong product that we want to expand further with Naheed Priehn. We see great potential for new locations, particularly in other major German cities, in order to give even more people access to CBW’s high-quality educational offerings.” CBW- College Berufliche Weiterbildung GmbH CBW is a leading training provider in the field of vocational training/retraining with locations in Berlin, Hamburg and Frankfurt am Main.
The company provides participants with up-to-date professional knowledge using the latest technologies for the labor market.
CBW offers challenging further training and retraining in commercial subjects, IT training, language courses and individual coaching.
Further information can be found at: www.cbw-weiterbildung.de About Liberta Partners Liberta Partners is a multi-family holding company based in Munich. The company makes targeted investments in companies in German-speaking countries, particularly in succession situations and group spin-offs, with clear operational and strategic development potential. These companies are actively developed as part of the 100% Core & Care concept and benefit from the entrepreneurial expertise of Liberta Partners. The Liberta Partners team consists of 20 employees working in the areas of M&A, Corporate Development and Legal & Administration, supported by an active industry advisory board. www.liberta-partners.com
Munich — With a cross-location team led by Munich partner Eike Fietz (Corporate/M&A), Deloitte Legal advised Rohlik founder Tomáš Čupr and his family office TCF Capital on the preparation of a strategic investment to rescue Töpfer GmbH based in Allgäu.
In cooperation with the restructuring experts from PLUTA and Grub Brugger as well as Deloitte Financial Advisory, the Deloitte Legal team developed an investment concept that includes a capital reduction and breaks new ground in a number of aspects.
The innovative deal structure provides for TCF Capital, an investment company owned by Tomáš Čupr, founder and CEO of the Rohlik Group, to acquire all of Töpfer’s business activities and assets.
The transaction will enable Töpfer to continue its business operations, in particular the production site in Dietmannsried, while preserving around 135 jobs.
Deloitte will continue to support the project with an interdisciplinary team until completion.
The closing of the transaction will take place in early fall 2024, subject to outstanding closing conditions, including the approval of the responsible antitrust authorities. Peter Klekner, CEO of TCF Capitalsays about the collaboration with Deloitte Legal: “With the Deloitte Legal team and Eike Fietz in particular, we had a partner at our side who was extremely committed, solution-focused and had an eye for the key issues. We were able to implement our investment in Töpfer quickly and efficiently and always had the legal issues under control.” Advisor TCF Capital: Deloitte Legal Eike Fietz (lead, corporate/M&A, Munich), Torsten Cülter (restructuring, Hamburg), Theresa Bayer (employment law, Munich), Stefan Weste (employment law, Berlin) Advisor to Töpfer: PLUTA Rechtsanwalts GmbH Florian A. Zistler, Ludwig Stern, Dr. Maximilian Pluta, Daniel Barth, Laura Holzmannstetter, Dennis Stroh Grub Brugger: Dr. Hans Konrad Schenk, Philipp Nuber, Lime Dauti About TCF Capital TCF Capital is an investment company and family office founded by entrepreneur Tomáš Čupr.
Its most important asset is the Czech Rohlik Group.
With a company valuation of over one billion US dollars, the Rohlik Group is one of the leading players in European online grocery retail.
Its broad product range includes around 17,000 products, from fresh food from regional suppliers to supermarket products and own brands.
With a turnover of 700 million euros and growth of 25% in 2023, the group is active in five European countries.
In Germany, Rohlik is known under the Knuspr.de brand. About Töpfer Töpfer GmbH is a leading manufacturer of organic baby food.
Its products include baby milk formula and baby porridge.
The company also produces natural cosmetics for mothers and babies.
All products are manufactured at the Dietmannsried site in the Allgäu region. Deloitte Legal Deloitte Legal refers to the legal practices of Deloitte Touche Tohmatsu Limited member firms, their affiliates or partner firms that provide legal services. Deloitte provides industry-leading audit and assurance, tax, consulting, financial advisory and risk advisory services to nearly 90% of Fortune Global 500® companies and thousands of private companies. Legal services in Germany are provided by Deloitte Legal. Our people deliver measurable, long-term results that help build public confidence in the capital markets, support our clients to transform and grow, and lead the way to a stronger economy, a fairer society and a sustainable world. Deloitte builds on more than 175 years of history and operates in more than 150 countries. Find out more about how Deloitte’s approximately 457,000 employees live the mission statement “making an impact that matters” every day: www.deloitte.com/de.
Stuttgart — Menold Bezler has advised BWK GmbH Unternehmensbeteiligungsgesellschaft on the acquisition of a majority stake in VTQ Videotronik GmbH.
The long-standing managing director and shareholder, Dr. Steffen Enke of VTQ Videotronik GmbH, will remain closely associated with the company.
BWK GmbH Unternehmensbeteiligungsgesellschaft, founded in 1990 and based in Stuttgart, is one of the largest German private equity companies.
BWK has around 300 million euros in investment funds at its disposal and currently has around 150 million euros invested in 20 companies.
VTQ Videotronik GmbH, based in Querfurt, Saxony-Anhalt, develops and produces high-quality electronic assemblies as well as various products and complete solutions in the field of video technology.
A Menold Bezler team led by partner Vladimir Cutura advised BWK on all legal and tax aspects of the transaction, including the financing. Advisor BWK GmbH Unternehmensbeteiligungsgesellschaft: Menold Bezler (Stuttgart)Vladimir Cutura, Foto (partner, lead), Thomas Futterer, Dr. Björn Staudinger, Nicole Brandt, LL.M.
(all corporate law/M&A); Carolin Nemec, LL.M.
(IT and internet law/data protection law); Isabelle Hörner (commercial); Lea Gäbler (IP); Elisa Himmer (real estate law); Dr. Frieder Werner (partner, employment law); Nico Haldy (partner), Clemens Mauch (partner), Laura Bommer (all tax); Daniel Haug (partner), Kevin Stegbauer (both audit) About Menold Bezler Menold Bezler is a commercial law firm in Stuttgart with a partnership structure and around 350 employees.
More than 140 professionals offer legal advice, tax advice, auditing and business advice from a single source. Our clients include well-known medium-sized companies, listed corporations, the public sector and its companies as well as non-profit organizations. More at www.menoldbezler.de.
Frankfurt a. M. — Tikehau Capital, the global alternative asset management group, announces the appointment of Christoph Rinnert as Head of Private Equity Germany.
In this role, Christoph Rinnert will lead the strategic development and management of Tikehau Capital’s private equity portfolio in the DACH region and focus on realizing investment opportunities that align with Tikehau Capital’s investment objectives.
The Group’s private equity strategy invests in mid-market companies with high growth potential, with a focus on digitalization, build-up and national and international expansion.
It targets dynamic themes such as sustainability, energy transition, regenerative agriculture, cyber security, aerospace and defense.
With this announcement, Tikehau Capital is expanding its extensive investment expertise and product offering in Germany across all four asset classes: Private Debt, Private Equity, Real Assets and Capital Markets Strategies.
Christoph Rinnert will be based in Tikehau Capital’s Frankfurt office and will report to Dominik P. Felsmann, Head of Germany, and Emmanuel Laillier, Head of Private Equity at Tikehau Capital. Christoph Rinnert (photo © Tikehaus Capital) has more than 15 years of experience in private equity and M&A.
Previously, he was a Director at 3i Deutschland Industriebeteiligungs GmbH and led the DACH industrial holdings business, global initiatives and numerous transactions.
Christoph Rinnert was a member of the Supervisory Board of Weener Plastics Holding B.V., a portfolio company of 3i, where he played a key role in the growth of the company and the execution of various acquisitions.
Prior to that, he gained extensive experience in M&A advisory at Rothschild GmbH and PricewaterhouseCoopers AG, where he led buy-side and sell-side projects and advised clients on valuation and strategic analysis.
Christoph Rinnert holds a Master of Engineering with First-Class Honors in Electrical and Electronic Engineering with Management from Imperial College London.
“With Christoph Rinnert, we have gained an experienced private equity expert for the German market. He brings a deep understanding of local conditions and a strong buy & build track record, which he has built up in his portfolio companies. His appointment also strengthens our holistic investment expertise across all four asset classes and underlines Tikehau Capital’s strong one-stop-shop offering,” said Dominik.
P. Felsmann, Head of Germany at Tikehau Capital . About Tikehau Capital Tikehau Capital is a global alternative asset management group with €46.1 billion in assets under management (as of June 30, 2024).
Tikehau Capital has a broad range of expertise across four asset classes (private debt, real assets, private equity and capital markets strategies) as well as private debt, real assets, private equity and capital markets strategies) and multi-asset and special opportunities strategies.
Tikehau Capital is a founder-led team with a differentiated business model, a strong balance sheet, proprietary global deal flow and a track record of supporting high quality companies and executives.
Deeply rooted in the real economy, Tikehau Capital provides customized and innovative alternative financing solutions to companies, striving to create long-term value for its investors and a positive impact on society.
The Group leverages its strong equity base (€3.1 billion of equity as of June 30, 2024) and invests its own capital alongside that of its clients under each of its strategies.
Tikehau Capital is driven by a strong entrepreneurial spirit and DNA, which is also shared by its 763 employees (as of June 30, 2024) across its 17 offices in Europe, the Middle East, Asia and North America.
Tikehau Capital is listed on compartment A of the regulated market of Euronext Paris (ISIN code: FR0013230612; ticker: TKO.FP).
www.tikehaucapital.com.
Bochum — SkinLove Ruhr GmbH, an innovative MedTech start-up from Bochum, has successfully completed a seed financing round.
The company was able to raise a mid-six-figure investment, which will be used to further develop and launch its revolutionary skin health solutions.
Founded in 2023 by Dr. Friederike Kogelheide, SkinLove Ruhr specializes in the development of cutting-edge cold plasma technology to effectively treat skin problems.
The company’s goal is to replace numerous consumable cosmetic products with its self-developed and German-made device.
This technology offers an innovative and sustainable alternative to conventional skincare products and aims to significantly improve users’ skin health.
SkinLove Ruhr successfully went through the accelerator program of Batch #1 of our partner HIGH-TECH.NRW and has recently launched its product successfully on the market.
The funds raised from the seed financing round will mainly be invested in the further development of the cold plasma technology and the preparation of the market launch.
In addition, SkinLove Ruhr plans to expand its production capacities and establish strategic partnerships in the health and cosmetics sector.
The seed financing round was legally advised by a team led by Dr. Patrick Müller, partner at the Düsseldorf office of the law firm HEUKING.
He was supported by Dr. Henrik Lay and Caroline Frohnwieser from Hamburg and Philipp Börger from Berlin.
HEUKING regularly advises young start-up entrepreneurs and supports them in all legal matters from their foundation to market entry. Advisors to SkinLove Ruhr GmbH: HEUKING Dr. Patrick Müller (lead), Düsseldorf, Dr. Henrik Lay, Caroline Frohnwieser, both Hamburg, Philipp Börger (all VC), Berlin
Stuttgart — A cross-location HEUKING team led by Stuttgart partner Dr. Hermann Ali Hinderer has provided legal and tax advice to Nolex AG on the takeover of Maibach Verkehrssicherheits- und Lärmschutzeinrichtungen GmbH.
The previous owners Hans-Dieter Maibach, Barbara Maibach, Sabrina Maibach and Marc-Christian Maibach are selling all of their shares in order to promote the future development of the company.
In the short term, there are plans to expand the product range and international sales.
Maibach VuL GmbH is a well-known and recognized specialist company in Germany and Europe in its product segments, primarily road safety, noise protection and amphibian protection.
The company has subsidiaries in Austria and Switzerland.
On August 1, 2024, Sven Bechtloff took over the management of the Maibach Group.
Sabrina Maibach, who was a member of the management board together with Hans-Dieter Maibach, will remain with the company.
Nolex AG is a Swiss investment holding company based in Wollerau that invests in small and medium-sized companies and develops them strategically and operationally on a sustainable basis using entrepreneurial expertise.
The acquisition of Maibach is the second transaction for Nolex this year.
Consultant Nolex AG: HEUKING
Dr. Hermann Ali Hinderer, LL.M. (lead, M&A), Dr. Frank Baßler (real estate law), both Stuttgart, Fabian G. Gaffron (tax law), Dr. Frederik Wiemer (antitrust law), both Hamburg, Christoph Hexel (employment law), Düsseldorf, Dr. Andreas Schabenberger (trademark, design & copyright law), Dr. Tania von Schwanebach (commercial), Marcel Behrendt, (corporate law), Carina Bart (employment law), all Stuttgart, Simon Pommer (tax law), Hamburg
Munich/Gütersloh — Biotec GmbH, a leading consulting and environmental laboratory specializing in microbiological hygiene and occupational safety, has joined the CERTANIA Group, a dynamic organization known for its services in testing, inspection and certification.
This strategic integration marks a turning point for Biotec GmbH and strengthens its ability to expand its environmental and hygiene solutions globally.
The CERTANIA Group is a portfolio company of GREENPEAK Partners.
Founded in 1991 and based in Gütersloh, Germany, Biotec GmbH has built a solid reputation over 25 years as a pioneer in air purification technology.
Its customer base includes industrial giants as well as major players in the food industry who rely on its expertise in comprehensive air purification testing and certification, drinking water analysis and specialized hygiene training.
By joining CERTANIA, Biotec GmbH positions itself on a strong platform that supports its commitment to excellence.
The partnership strengthens Biotec GmbH’s capabilities in the optimization of hygiene-sensitive production processes and the validation of washer-disinfectors in hospitals to meet stringent hygiene standards.
Under the leadership of Managing Directors Dr. Andreas Bermpohl, Jörg Weißer and Frank Weißer, Biotec GmbH’s management team will maintain its independence while accessing the resources of the larger group, which will allow for continued growth and expansion of services.
“We are very excited to be part of CERTANIA, as this allows us to increase our impact on ensuring safe and compliant environments,” said Dr. Andreas Bermpohl, Co-Founder and Managing Director of Biotec GmbH.
“This partnership not only expands our service offering, but also underscores our dedication to providing high-quality solutions backed by rigorous scientific expertise.”
Moritz Gruber, CEO and major shareholder of CERTANIA, welcomes Biotec and invites other entrepreneurs and companies in the field of scientific, laboratory and compliance services to join this unique group: “We offer the opportunity to integrate your business into a future-proof structure. Our goal is to build a group for the future where strong partner companies thrive while maintaining their identity. Biotec GmbH’s renowned expertise in microbiological hygiene perfectly complements CERTANIA’s focus on environmental and regulatory services. Together, we are well positioned to support industries in meeting safety and compliance standards amidst global challenges such as the COVID-19 pandemic.”
CERTANIA’s ecosystem provides a platform for mid-sized, knowledge-based companies to thrive under one roof, retaining their entrepreneurial freedom while benefiting from the group’s resources and support. About Biotec GmbH Founded in 1991 with headquarters in Gütersloh, Germany and a branch office in Mittweida, Germany, Biotec GmbH is a leading consulting and environmental laboratory specializing in microbiological hygiene and occupational safety.
With over 25 years of experience, we develop pioneering solutions for air purification in various industries and the food sector. Our services include air purity tests, inspections of HVAC systems according to VDI 6022 standards and hygiene training.
Biotec GmbH stands for excellence and supports its customers with high-quality services and expert opinions to ensure safe and compliant environments.
www.biotec-gmbh.de About CERTANIA Under the umbrella of CERTANIA Holding GmbH, a new global market player in the fields of Testing, Inspection & Certification is emerging.
The group offers medium-sized partners a sustainable home for their life’s work.
CERTANIA enables entrepreneurs and owners to develop their business with like-minded people while preserving their entrepreneurial roots, corporate culture, brand and values.
More information at certania.com About GREENPEAK PARTNERS Our goal is long-term growth and profitability by building sustainable businesses.
We are convinced that companies that are truly sustainable can achieve above-average returns in the long term.
At the same time, companies can only be truly sustainable if they are financially viable and growing.
Düsseldorf/Munich — McDermott Will & Emery has advised Great Point Partners (GPP) on the acquisition of contract development and manufacturing organization (CDMO) Lyocontract GmbH.
The senior secured loan provided by Rantum Private Debt Fund III serves as part of the purchase price financing for this acquisition.
— The transaction marks the first investment by the European arm of GPP Great Point Partners, which recently established a presence in London.
A McDermott team of German and US lawyers led by Dr. Jan Hückel and Ludwig Zesch provided comprehensive advice on the M&A transaction, including the acquisition financing by Rantum Capital. Great Point Partners, headquartered in Greenwich, Conneticut, is a leading investment firm focused on the healthcare industry.
Since its founding in 2003, GPP has provided growth capital and management buyout financing to more than 100 growth-oriented companies.
GPP is currently making new minority and majority private equity investments from its GPP IV fund. Rantum Capital is a mid-market financier for the German-speaking region (DACH), founded by financial professionals, successful entrepreneurs and former DAX top managers.
Rantum Capital currently manages three private debt funds focused on flexible, customized debt financing and one private equity fund focused on majority investments in mid-market companies.
Lyocontract GmbH, founded in 2007, is an independent contract development and manufacturing company based in Ilsenberg, Germany.
The company specializes in the production of liquid and lyophilized parenteral drugs, which are distributed worldwide for both clinical and commercial applications. Advisor Great Point Partners: McDermott Will & Emery, Düsseldorf/Munich Dr. Jan Hückel (Corporate/M&A, Düsseldorf), Ludwig Zesch (Finance, Munich; both lead), Robert K. Clagg (Chicago, Corporate/M&A), Daniel N. Zucker (Chicago), Alex Farr (Dallas), Michael J. Bruno (Miami), Daniel J. Bell (Washington, DC), Dr. Maximilian Meyer (Counsel, Frankfurt), Sarah Gabbai (Counsel, London; all Tax), Christian Krohs, Carina Kant (both Düsseldorf/Cologne), Dr. Laura Stammwitz (Counsel, Frankfurt), Timothy Carson (Counsel, Washington, DC; all Antitrust), Dr. Alexa Ningelgen (Public Law), Dr. Thomas Gennert (Employment Law; both Düsseldorf), Jana Grieb (Healthcare & Life Sciences, Frankfurt); Associates: Dr. Alexander Hoppe, Darius M. Mosleh (both Corporate/M&A, Düsseldorf), Jeff Cassidy, Joe Luzadder, Betty Miguelina Brito (all Corporate/M&A, Chicago), Matthias M. Bosbach, Romy Lanz (both Finance), Julian Rößler-Weis, Dr. Anja Bertrand, Max Küttner (all Antitrust; all Düsseldorf), Alexandra Heberle (Healthcare/Regulatory, Frankfurt), Dr. Tim Weill (Public Law), Lukas Deutzmann (Employment; both Düsseldorf), Carina Schützeberg (Frankfurt)
Essen/ Frankfurt a. M. — Global growth investor The Riverside Company (“Riverside”) has acquired a majority stake in GFOS Group (“GFOS”), a market leader for professional workforce management and personnel requirements planning.
Riverside will support GFOS in key strategic value creation strategies, in particular further internationalization and cloud migration.
The management of the company remains unchanged.
POELLATH provided legal and tax advice to the shareholders of GFOS in connection with the transaction.
Founded in 1988 and based in Essen, GFOS Group is an internationally recognized provider of innovative software solutions in the areas of workforce management, smart manufacturing and access control as well as secure and flexible cloud & IT infrastructures.
GFOS employs more than 200 people and, in addition to its headquarters in Essen, has another office in Hamburg and a subsidiary in Switzerland (GFOS Schweiz AG).
The company’s customer base comprises 4,500 customers in 30 countries.
These include ARI Armaturen Albert Richter GmbH & Co KG, Arthrex GmbH, Feller AG, IMS Gear SE & Co KG, MANN + HUMMEL International GmbH & Co KG, Transgourmet Deutschland GmbH & Co KG, NOWEDA Apothekergenossenschaft eG, Schwan Cosmetics Germany GmbH & Co KG and Senneiser electronic GmbH & Co KG. About Riverside Riverside is a global investment firm that focuses on partnering with companies to drive transformational growth and lasting value.
Since its inception, Riverside has made more than 1,000 investments and currently holds 140 portfolio companies.
The company employs more than 350 people at 15 locations on three continents. POELLATH advised the shareholders of GFOS on the legal and tax aspects of the transaction with the following team: Otto Haberstock, M.C.J. (NYU) (Partner, Lead, M&A/Private Equity, Munich) Gerald Herrmann (Associated Partner, Tax, Munich) Daniel Wiedmann, LL.M.
(NYU) (Associated Partner, Antitrust, Frankfurt aM) Dr. Andreas Reuther (Associated Partner, Employment, Munich) Daniel Zhu (Counsel, M&A/Private Equity, Munich)
Berlin — Macquarie Bank is facilitating new funding for the rental fintech Topi, which has grown strongly over the past year.
Further growth is now to be financed: Macquarie Bank Europe is providing a credit line of 50 million euros — linked to individual interim targets.
Previously, prominent venture capitalists such as Index Ventures and Creandum had invested a total of 50 million dollars in the young company, part of which already consisted of a credit line. Topi turnover increased twenty-fold The Topi founders Charlotte Pallua and Estelle Merle (photo © topi) together with online retailers such as Conrad and Cyberport, who offer “Rent with Topi” as a payment method for corporate customers alongside PayPal, credit cards and the like.
topi offers retailers a hardware-as-a-service platform through which they can offer their products for rent.
— With this financing, topi wants to continue to grow in both the German and Austrian markets.
Alongside this loan financing, Macquarie has also invested in the fintech start-up so that “our refinancing partners have an interest in the overall long-term success”, says Charlotte Pallua, one of the two founders.
Charlotte Pallua came up with her start-up idea during her job at tech company Apple.
At the time, she was analyzing possible subscription programs for iPhones — and thought about offering the service to different companies.
Corporate customers can now rent smartphones, laptops, robots and other devices from the Berlin-based company Topi, which Pallua founded together with Estelle Merle.
To date, the proportion of women in many development teams at German start-ups has been low.
At topi, the proportion of women is high.
The fintech currently employs 35+ people. Advisor topi: Vogel Heerma Waitz Dr. Clemens Waitz and Dr. Lorenz Frey from the law firm Vogel Heerma Waitz advised the fintech topi on this financing.
The company raised EUR 50 million from the Australian investment bank Macquarie.
The new financing consists partly of equity, but also of funds to refinance new products.
Dr. Clemens Waitz, Dr. Lorenz Frey Vogel Heerma Waitz is a Berlin-based law firm specializing in growth capital, technology and media.