News

Press Releases Press Clippings Newsletters Press Contact

Press Releases

Outbank successfully sold to ProSiebenSat.1′ subsidiary Verivox

Frankfurt, 15 November 2017. Attorney at law, Dr. Hubert Ampferl from Dr. Beck & Partner GbR closed the sale of Germany’s most well-known banking app in only four weeks.

Sale of Winemaker Binderer Group to Les Grands Chais de France

Frankfurt, 18 October 2017. Peter Binderer, sole shareholder and CEO of Binderer Group, announced the intended sale of his shares in Binderer St. Ursula Weinkellerei GmbH (“BSU”) and Danubiana Kft., Hungary including all operating subsidiaries to Les Grand Chais de France (“GCF”).

DEUTZ enters the field of electrification and acquires electric drive specialist Torqeedo

Cologne, 28 September 2017. DEUTZ AG has acquired Torqeedo GmbH, based near Munich. The company has significant expertise in components, software and system integration for electric drives. It is the global market leader and a system solution specialist for integrated electric and hybrid drives for boats.

Anteo Diagnostics sells its subsidiary DIAsource ImmunoAssays to BioVendor Group

Frankfurt, 27 September 2017. Effective 5 September 2017, BioVendor – Laboratorní medicína a.s. (hereafter “BioVendor”) acquired 100% of the shares of DIAsource ImmunoAssays SA (hereafter “DIAsource”) from the Australian stock listed company Anteo Diagnostics (ASX: ADO).

German dating app LOVOO is acquired for USD 70 million by The Meet Group

Frankfurt, 21 September 2017. The Meet Group (NASDAQ: MEET, hereinafter referred to as “TMG”), based in New Hope, Pennsylvania, USA, acquires 100% of LOVOO GmbH (hereinafter referred to as “LOVOO”) for a total consideration of USD 70 million, inclusive of a USD 5 million contingent earn-out. The transaction is expected to close in October 2017.

X41 D-Sec GmbH releases Browser Security White Paper, assessing Google Chrome, Microsoft Edge and Internet Explorer

Aachen, 19 September 2017. X41 D-Sec GmbH (“X41”) – a research driven IT-Security company – released an in-depth analysis of the three leading enterprise web browsers Google Chrome, Microsoft Edge, and Internet Explorer. The senior security experts of X41 have the necessary experience and track record to analyze complex applications such as modern web browsers.

Telematics market leader TachoEASY acquires Software specialist Zauner

Frankfurt, 18 September 2017. Following the acquisition of the entire share capital of Softwarebüro Zauner GmbH & Co. KG, Zauner now operates as 100% subsidiary of TachoEASY AG as of August, 2017. This takeover leaves both companies with a strengthened combined position within the international competitive landscape.

“Shameless Smoothies” sold to KRÜGER Group

Munich, 14 September 2017. KRÜGER Group, located in Bergisch Gladbach, acquires the Munich headquartered Ready-to-Mix Smoothie firm Shrewd Foods GmbH via an asset deal.

IKB Deutsche Industriebank sells IT Specialist ikb Data to DATAGROUP

Frankfurt, 17 August 2017. IT service provider DATAGROUP (WKN A0JC8S) acquires Düsseldorf-based ikb Data GmbH, a specialist for IT outsourcing and data security. In the future, ikb Data is to bundle and advance DATAGROUP’s activities in the banking and financial industry as an internal centre of excellence.

CHANGE OF OWNERSHIP AT VITANAS AND PFLEGEN & WOHNEN HAMBURG

Frankfurt, 14. August 2017 – The owners of Vitanas Holding GmbH (Vitanas) and PFLEGEN UND WOHNEN HAMBURG GmbH (PFLEGEN & WOHNEN HAMBURG) have successfully sold their majority shareholdings in the companies to funds managed by Oaktree Capital Management, L.P. (“Oaktree”).

Press Clippings

1 February 2019: “We need more Investment Banking Made in Germany” – Interview with legendary Tech M&A banker Andreas Thümmler published in Going Public Magazin (German only)