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Weil advises KKR on acquisition of majority stake in heidelpay

5. August 2019

Munich/ Frank­furt a. Main — The Munich and Frank­furt offices of the inter­na­tio­nal law firm Weil, Gotshal & Manges LLP have advi­sed KKR on the acqui­si­tion of a majo­rity stake for more than €600 million in the German FinTech company heidel­pay (Heidel­ber­ger Payment GmbH) from AnaCap Finan­cial Part­ners. The closing of the tran­sac­tion is subject to the appr­oval of BaFin and other regu­la­tory autho­ri­ties as well as custo­mary closing condi­ti­ons. The parties have agreed not to disc­lose the purchase price.

Foun­ded in 2003 and based in Heidel­berg, the heidel­pay Group is one of the fastest growing full-service provi­ders of elec­tro­nic payment services in Europe.

The Weil team was led in this tran­sac­tion by Fran­k­­furt-based Corpo­rate Part­ner Prof. Dr. Gerhard Schmidt (photo). and compri­sed the part­ners Tobias Geer­ling (Tax, Munich), Dr. Barbara Jagers­ber­ger (Corpo­rate, Munich) and Dr. Uwe Hart­mann (Regu­la­tory, Frank­furt) as well as the asso­cia­tes Manuel-Peter Fringer, Alex­an­der Pfef­fer­ler, Andreas Fogel (all Corpo­rate, Munich), Dr. Ansgar Wimber, Florian Wessel (both Corpo­rate, Frank­furt), Benja­min Rapp (Tax, Munich), Mareike Pfeif­fer (Labor Law, Frank­furt), Svenja Wach­tel (Liti­ga­tion, Munich), Dr. Konstan­tin Hoppe, Dr. Barbara Sand­fuchs (both IT/IP, Munich) and Para­le­gal Madleen Düdder (Corpo­rate, Munich).

About Weil, Gotshal & Manges 
Weil, Gotshal & Manges is an inter­na­tio­nal law firm with more than 1,100 lawy­ers, inclu­ding appro­xi­m­ately 300 part­ners. Weil is head­quar­te­red in New York and has offices in Boston, Dallas, Frank­furt, Hong Kong, Hous­ton, London, Miami, Munich, Paris, Beijing, Prince­ton, Shang­hai, Sili­con Valley, Warsaw and Washing­ton, D.C. www.weil.com

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