DRS Investment acquires stake in ASCORA
Eschborn — DRS Investment acquires stake in ASCORA GmbH. Rödl & Partner comprehensively advised the managing partner of the software specialist Ascora GmbH, Dr. Sven Abels, on the sale of his company shares to the private investment company DRS Investment GmbH. The parties have agreed not to disclose the purchase price.
Ascora GmbH, based in Ganderkesee (Lower Saxony), was founded in 1994 and is a medium-sized, owner-managed software house. The company develops consumer software for Windows and Mac as well as smartphone apps and participates in various research and development projects in Germany and Europe. Ascora has developed into an established partner around the digitalization of business processes and today employs over 30 software developers. With over 12 million users, Ascora GmbH is one of the largest providers of consumer software solutions in Germany. Ascora has received the Deloitte Technology Fast 50 Award and the 2018 Growth Champion award from Focus and Statista, among others. Ascora GmbH was also included in the list of “Top Employers for Medium-Sized Businesses 2018” by Focus Business.
DRS Investment GmbH is a private investment company for medium-sized companies and is based in Munich. The investment focus is on stable and established business models, niche players and software and technology companies. Managing Partner Dr. Andreas Spiegel (photo) brings more than 15 years of experience as an entrepreneur and investor in medium-sized companies.
Advisor to Ascora GmbH: Rödl & Partner Eschborn — Corporate Finance
HenningKürbis, Associate Partner (Lead, Corporate Finance and M&A)
Hendrik Blumenstock, Senior Consultant (Corporate Finance and M&A)
Rödl & Partner Nuremberg — Legal advice:
Michael Wiehl, Partner, Attorney-at-Law, Tax Law Specialist (Lead, Legal M&A), Sebastian Dittrich, Associate (M&A and Corporate Law)
Rödl & Partner Munich
Björn Stübiger, Partner (Head of Corporate Finance and M&A)
About Rödl & Partner
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