Unsere Erfahrung

taxess - A Handful of Experience

As a team we have advised on numerous successful national and international deals and other tax structuring projects. We have summarised selected transactions in our track record:

ARDIAN - Sale of Schleich

ARDIAN Investments: Sale of Schleich

ARDIAN, the independent private investment company, is selling toy manufacturer Schleich to Partners Group, a global private markets investment manager.


Schleich looks back on a rich tradition. Founded in 1935, it is one of the largest toy manufacturers in Germany and an internationally leading supplier of realistic figurines and playsets. Since Ardian invested in Schleich in 2014, the company has increased its sales from €106 million to €183 million today. The number of employees increased from around 340 to 400 over the same period.

 

ARDIAN is an independent private investment company with assets of US$90bn managed or advised in Europe, North America and Asia. The company, which is majority-owned by its employees, keeps entrepreneurship at its heart and delivers investment performance to its global investors while fuelling growth in economies across the world.

 

taxess has advised Ardian on tax aspects of the sale and has prepared the vendor tax fact book. 

ARDIAN - Acquisition of Office Building Drei Hoefe Work

ARDIAN Real Estate: Drei Hoefe Work Berlin

ARDIAN, a world-leading private investment house, has finalized an agreement with LBBW Immobilien Development GmbH to acquire the office project “3 Höfe work”.

 

3 Höfe work is currently under construction at Lützowstrasse 107-112 in central Berlin. Located in close proximity to Potsdamer Platz and the City Park at Gleisdreieck, the property will have around 18,000 sqm of rental space in one of Berlin’s most sought-after office locations. The property is the third investment by Ardian Real Estate in Berlin.

ARDIAN is a world-leading private investment house with assets of US$66bn managed or advised in Europe, North America and Asia. The company is majority-owned by its employees. It manages funds on behalf of around 880 clients through five pillars of investment expertise: Funds of Funds, Direct Funds, Infrastructure, Real Estate and Private Debt.

 

taxess has advised ARDIAN on the tax structure of the acquisition and has carried out the tax due diligence. 

Triton Partners - Investment in Deutsche Radiologie Group

Triton Partners - Investment in Deutsche Radiologie Gruppe

The Smaller Mid-Cap Fund (“TSM”) advised by Triton ("Triton") has completed its investment in Deutsche Radiologie Holding (“DRH”). TSM invests alongside with the current shareholders consisting of the owners of Tempus Capital and the DRH management team. Terms of the transaction are not disclosed.

 

Deutsche Radiologie Holding was founded in 2017 and offers radiologists and radiotherapists flexible and professional succession solutions. DRH is a strong and experienced partner for successful owners. The experienced team ensures a technically competent and reliable handover process and a long-term preservation of the owner’s work.

 

The Triton Smaller Mid-Cap Fund seeks to invest in mid-cap companies in the sectors industrials, business services, consumer and health. This transaction is the 7th investment since inception of the fund Mid 2017.

 

taxess has advised Triton on the tax structure of the acquisition. 

ARDIAN - Acquisition of Office Building Luetzowstrasse 105-106

ARDIAN Real Estate: Luetzowstraße 105 Berlin

ARDIAN, a world-leading private investment house has signed an agreement with an investor in its fund to acquire an office complex at Lützowstrasse 105/106 in the central district of Berlin from a fund managed by J.P. Morgan Asset Management. Financial details of the transaction will not be disclosed.


The property is the second investment by the Ardian Real Estate Europe Fund (AREEF) in Berlin and the fourth in Germany. The fund has assets of more than €700 million under management. Built in 1974, the complex was last renovated in 2000 and fulfils modern office standards. Ardian will further modernize the office complex extensively by the end of 2019.

 

ARDIAN is a world-leading private investment house with assets of US$66bn managed or advised in Europe, North America and Asia. The company is majority-owned by its employees. It manages funds on behalf of around 880 clients through five pillars of investment expertise: Funds of Funds, Direct Funds, Infrastructure, Real Estate and Private Debt.

 

taxess has advised ARDIAN on the tax structure of the acquisition and has carried out the tax due diligence. 

Triton Partners - Acquisition of Norres Group

Triton Partners - Acquisition of Norres

The Smaller Mid-Cap Fund advised by Triton ("Triton") has signed an agreement to acquire a majority stake in NORRES Group (NORRES), one of Europe’s market leading manufacturer of plastic industrial hoses headquartered in Gelsenkirchen, Germany. Current owner and CEO, Burkhard Mollen, will retain his management position and co-invest alongside Triton. Terms of the acquisition were not disclosed.

 

NORRES is one of the leading manufacturers of plastic industrial hoses with production sites in Germany, China and the U.S. The company offers an extensive range of standard and made-to-measure branded industrial hoses which are used for pneumatic conveying of different media types (i.e. solids, gases or liquids) across various industries. NORRES has a long heritage of nearly 130 years with a strong track record in expanding its business via product innovation and internationalisation.

 

The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe, focusing on businesses in the Industrial, Business Services and Consumer/Health sectors. Triton seeks to contribute to the building of better businesses for the longer term. The 35 companies currently in Triton's portfolio have combined sales of around €12.7 billion and around 82,000 employees.

 

taxess has advised Triton on the tax structure of the acquisition. 

DBAG - Investment in Sjølund A/S

DBAG - Acquisition of majority in Sjolund

Deutsche Beteiligungs AG (DBAG) invests in Sjølund A/S (Sjølund), a manufacturer of aluminium and steel components for the wind power and rail industry, the construction sector and the mechanical engineering industry. The DBAG-managed fund DBAG ECF will acquire around 51 percent of the shares in Sjølund from the current sole owner and CEO Søren Ravn Jensen as part of a management buyout (MBO).

 

Sjølund is one of the biggest providers on the niche market for complex bent aluminium and steel components. At its headquarters in the Danish town of Sjølund and a production site in China, around 110 employees manufacture components that account for only a small proportion of customers’ material costs, but are often complex and relevant from a security perspective nevertheless.

 

The listed Deutsche Beteiligungs AG initiates closed-end private equity funds and invests alongside the DBAG funds in well-positioned mid-market companies with growth   potential. Its entrepreneurial investment approach makes it a sought-after investment partner. DBAG manages and advises capital amounting to around 1.8 billion euros.

 

taxess has advised DBAG on the tax structure of the acquisition. 

3i - Sale of ATESTEO

3i Sale of ATESTEO

3i Group announces the sale of ATESTEO, an international drivetrain testing specialist, to IHO Holding GmbH & Co. KG (“IHO Holding”), holding company of the Schaeffler family. Proceeds to 3i are estimated to be €307m subject to closing adjustments, representing a euro money multiple of 4.4x.

ATESTEO
is the world leader in independent drivetrain testing. It has about 800 employees and 135 testing benches in Germany, Japan, China and North America. Based on cutting-edge testing technology, the company offers a cost efficient alternative to in-house durability testing for automotive OEMs and their suppliers. Its customers include virtually all the leading OEMs and transmission manufacturers.

3i is an investment company with two complementary businesses, Private Equity and Infrastructure, specialising in core investment markets in Northern Europe and North America. 3i has extensive experience in the consumer sector and an impressive network which will help Lampenwelt enlarge its footprint in Europe.


taxess has advised 3i on the tax structure of the acquisition and has carried out the tax due diligence. 

ARDIAN - Acquisition of CCC Competence Call Center

ARDIAN Investments: Acquisition of imes-icore

ARDIAN, the independent private investment company, has signed an agreement to acquire Competence Call Center Group (CCC), one of the leading BPO service providers in Europe from Silverfleet Capital. The investment will be made via the Ardian Expansion Fund IV. The management team will hold a significant stake in the company and will lead CCC during its next phase of growth.

 

CCC offers high-quality BPO solutions in 28 languages and serves more than 80 customers in Europe. The group operates with more than 5500 employees from 18 locations across eight countries, ten of which are based in the DACH region, four in Eastern Europe, three in Turkey, and one in France. The company has secured a leading market position in the DACH region.

 

ARDIAN is a world-leading private investment house with assets of US$66bn managed or advised in Europe, North America and Asia. The company is majority-owned by its employees. It keeps entrepreneurship at its heart and focuses on delivering excellent investment performance to its global investor base.

 

taxess has advised ARDIAN on the tax structure of the acquisition and has carried out the tax due diligence. 

ARDIAN - Acquisition of majority in imes-icore

ARDIAN Investments: Acquisition of imes-icore

ARDIAN, the independent private investment company has acquired a majority stake in imes-icore GmbH, a specialist manufacturer of computer numerical control (CNC) and computer aided design/manufacturing (CAD/CAM) systems predominantly focusing on the medical industry, and headquartered in Eiterfeld, Germany. The acquisition will  be made by Ardian’s  Expansion Fund IV, which closed in June 2016 having raised €1 billion. This is the fund’s fifth investment to date.

 

imes-icore develops, produces and sells specialist CNC-CAD/CAM systems for milling, water jet and laser cutting, and 3D printing. The company has close to 150 employees and in 2016 generated sales of approximately EUR 30 million. Ardian acquires the stake from current majority shareholder, Hugo Isert, as part of a succession planning programme. Current CEO, Christoph Stark, will retain a significant minority stake, and will continue to manage the business. In the course of this transaction, members of the management team will also become shareholders in the company.
 

ARDIAN is an independent private investment company with assets of US$60bn managed or advised in Europe, North America and Asia. The company, which is majority-owned by its employees, keeps entrepreneurship at its heart and delivers investment performance to its global investors while fuelling growth in economies across the world.

 

taxess has advised ARDIAN on the tax structure of the acquisition and has carried out the tax due diligence. 

3i - Lampenwelt

taxess advises on 3i Acquisition of Lampenwelt

The international investor 3i Group invests €120m in Lampenwelt, the largest European online specialist in the lighting space. 3i will invest alongside management and one of the current owners of the business, Walter Neumüller. In addition, 3i will provide a short term refinancing loan to Lampenwelt of €54 million which is expected to be refinanced shortly after completion.

Lampenwelt
is the #1 specialty online retailer of lighting products in Europe. The company is headquartered in Schlitz near Frankfurt am Main, Germany. From there, it distributes own-brand and 3rd party products to customers in 12 countries across Europe. Lampenwelt generated €61m of sales in 2016, of which 45% came from outside Germany, and has grown strongly in Germany and through a steady roll-out across Europe in recent years.

3i is an investment company with two complementary businesses, Private Equity and Infrastructure, specialising in core investment markets in Northern Europe and North America. 3i has extensive experience in the consumer sector and an impressive network which will help Lampenwelt enlarge its footprint in Europe.


taxess has advised 3i on the tax structure of the acquisition and has provided the tax due diligence. 

ARDIAN Investment - Acquisition of majority in SCHWIND eye-tech-solutions

ARDIAN Investments: Acquisition of SCHWIND eye-tech-solutions

ARDIAN, the independent private investment company has acquired a majority stake in SCHWIND eye-tech-solutions GmbH & Co. KG, one of the world’s leading specialists in laser systems which treat refractive errors and corneal diseases. The Schwind family, which  founded the company, will retain a significant interest and Rolf Schwind will continue to manage the business in his capacity as CEO. The acquisition will  be made by Ardian’s  Expansion Fund IV, which closed in June 2016 having raised €1 billion. This is the fund’s fourth investment to date.

SCHWIND develops, produces, and distributes an extensive, highly sophisticated set of products, including diagnostic tools and state-of-the-art laser systems for the treatment  of refractive errors  and  corneal  disease,  as well as the corresponding software solutions and services. SCHWIND’s customers include refractive surgeons in eye practices  eye clinics, laser centers and university hospitals. Its laser systems, which are used in procedures such as LASEK, LASIK and (Trans-)PRK  surgery, have made a name for themselves worldwide as technologically pioneering and standing for the highest levels of precision and safety.
 

ARDIAN is an independent private investment company with assets of US$60bn managed or advised in Europe, North America and Asia. The company, which is majority-owned by its employees, keeps entrepreneurship at its heart and delivers investment performance to its global investors while fuelling growth in economies across the world.

 

taxess has advised ARDIAN on the tax structure of the acquisition and has carried out the tax due diligence. 

COOP - Joint Venture with REWE Group

COOP - REWE Joint Venture

coop eG Kiel and REWE Markt GmbH in Cologne want to deepen their existing partnership further in the future and mark a new strategic level.

 

In course of the transaction, COOP will contribute its operating business and expertise in the joint venture with REWE. COOP eG, Germany's largest consumer cooperative in the food retail sector, currently operates around 200 sky stores and eleven plaza building and garden centers, which will be transferred to the joint venture. Subsequent to the transaction, the joint venture company will provide the supply and distribution to the entire food retail network of coop.

taxess advised COOP on the tax structure for the transaction.

3i - Sale of Amor

taxess advises on 3i on Sale of Amor

3i Group plc, and funds managed by 3i, today announced the sale of Amor, the market leader for affordable precious jewellery, to Gilde Buy Out Partners, a European private equity investor.


Total proceeds of €197m to 3i and funds represent a 2.5x euro money multiple.In December 2010, 3i and funds invested €99m for a majority stake in Amor, the Frankfurt-based jewellerybusiness. Since then, EBITDA has grown almost 60%and Amor has significantly increased its number of Point of Sales through a European roll-out andestablishingfootholds in North America, Asia and Australia.. 

 

taxess has advised 3i on the tax structure of the transaction and has provided the vendor tax fact book. 

ARDIAN Investment - Acquisition of d&b audiotechnik Group

ARDIAN Investments: Acquisition of d&b audiotechnik Group

Ardian, the independent private investment company, is acquiring alongside with the existing management d&b audiotechnik GmbH (“d&b”) from the investment companies Odewald & Compagnie and COBEPA. d&b specializes in acoustic systems and has operations worldwide. The participation in d&b is already the 13th investment by Ardian LBO Fund V, which is capitalized at €2.8 billion.

d&b is one of the world’s leading providers of professional premium audio technology. The company develops and produces high-quality sound systems for mobile and permanently installed applications. professional audio systems worldwide. d&b systems are used as reliable tools for long-term use from the tiniest conference rooms to the largest stadiums. Over the last three decades, d&b has acquired the status of a global premium brand in professional audio technology environment. Since the company’s acquisition by Odewald & Compagnie and COBEPA in 2011, sales have more than doubled from €44 million to €94 million in the financial year 2015.
 

ARDIAN is an independent private investment company with assets of US$55bn managed or advised in Europe, North America and Asia. The company, which is majority-owned by its employees,keeps entrepreneurship at its heart and delivers investment performance to its global investors while fuelling growth in economies across the world.

 

taxess has advised ARDIAN on the tax structure of the acquisition and has provided the tax due diligence. 

ARDIAN Investment - Acquisition of Gantner Electronics Group

ARDIAN Investments: Acquisition of Gantner Group

Ardian, the independent private investment company has signed an agreement with Identec Group AG to acquire, alongside management, GANTNER Holding GmbH (GANTNER), a pioneer in the field of contactless RFID and NFC electronic access control, payment and staff time recording solutions. The acquisition represents the 13th investment to be made from the €500 million Expansion Fund III.

Founded in 1982 and headquartered in Schruns, Austria, GANTNER is a leading international manufacturer of contactless RFID and NFC access control and staff time recording systems facilitating automatic identification. GANTNER solutions can be found in leisure facilities such as fitness clubs, water parks, public pools and spas, as well as in commercial and public buildings. GANTNER has subsidiaries in Germany, the UK, Dubai and Australia and operates in more than 60 countries. For the 2015 financial year the company recorded revenues of approximately €36 million, a year-on-year increase of over 20%. 
 

ARDIAN is an independent private investment company with assets of US$55bn managed or advised in Europe, North America and Asia. The company, which is majority-owned by its employees,keeps entrepreneurship at its heart and delivers investment performance to its global investors while fuelling growth in economies across the world.

 

taxess has advised ARDIAN on the tax structure of the acquisition and has provided the tax due diligence. 

ADA Cosmetics Group - Pacific Direct

ARDIAN - ADA Group - Acquisition of Pacific Direct

ADA Cosmetics International (ADA), Europe's leading manufacturer of high-quality hotel cosmetics, is acquiring Pacific Direct, Britain’s biggest provider of luxury skin care products for hotels around the world, with the support of Ardian. The parties have agreed not to disclose the purchase price and further details.

 

The acquisition of Pacific Direct will complement ADA’s existing product portfolio and strengthen its geographical presence in Asia and in the Middle East. Founded in 1991 and based in London, Pacific Direct produces and markets high-end cosmetic products such as shampoos, body lotions and soap, as well as accessories, for guest use in luxury hotels, cruise ships and aeroplanes. 


Ardian acquired ADA Cosmetics in July 2014 and supports ADA’s management team in implementing its strategy to develop the firm into the world’s leading provider of hotel cosmetic products. Merging with Pacific Direct, the market leader in the UK and the Middle East, provides a strong base for further international growth at ADA, which is already Europe’s market leader.

 

taxess has advised ADA and ARDIAN on the tax structure of the acquisition. 

3i - Add-on Investment in GIF

taxess advises on 3i Acquistion of Gesellschaft für Industrieforschung

3i Group plc (3i) is increasing its investment in Gesellschaft für Industrieforschung (GIF) by acquiring the stake owned by the family of Dr.-Ing. Ulrich Rohs. 3i and the family of Dr. Ulrich Rohs, which held a minority stake in GIF, signed an agreement to conclude the transaction. Both parties have agreed not to disclose the purchase price.

 

GIF employs 430 staff and boasts more than 130 test benches, making it an important development partner in the automotive industry, and the world's largest independent operator of transmission test benches. The company offers manufacturers of drivetrains, transmissions and components a cost-efficient alternative to personal durability tests. The customers include almost all automotive and transmission manufacturers. 

 

taxess has advised 3i on the tax structure of the acquisition and has provided the tax due diligence. 

ARDIAN - Investment in Chal-Tec

ARDIAN - Investments in Chal-Tec

Ardian, the leading independent investment company, acquires approx. 40 percent in Chal-Tec GmbH, a Berlin-based e-commerce company. This investment will be funded through Ardian Expansion Fund III, which closed in March 2014 with commitments of €500 million. Furthermore, Ardian is providing additional financial resources for the growth of the company. The details of this transaction are not being disclosed.


Founded and managed by Peter Chaljawski, Chal-Tec GmbH is an internationally operating e-commerce company that designs and distributes high-quality products in the Home & Living, Consumer Electronics and Sound & Light sectors. Multi-channel distribution takes place not only via the company’s own platforms, but also via leading e-commerce marketplaces. The Chal-Tec product range currently comprises 12 brands sold in 18 European countries. Its best-known brands include the consumer electronics brand auna and the modern living brand Klarstein.

 

ARDIAN is a premium independent private investment company with assets of US$ 47bn managed or advised in Europe, North America and Asia. The company, which is majority-owned by its employees, keeps entrepreneurship at its heart and delivers investment performance to its global investors while fuelling growth in economies across the world.

 

taxess has advised ARDIAN on the tax structure of the acquisition and has provided the tax due diligence. 

ADA Cosmetics Group - Scanamenities

ARDIAN - ADA Group - Acquisition of Scanamenities

ADA Cosmetics International (ADA), Europe's leading manufacturer of high-quality hotel cosmetics, is acquiring Scandinavian Amenities A/S (SCANAMENITIES), the leading provider of hotel cosmetics for the Scandinavian market, with the support of Ardian. The parties have agreed not to disclose the purchase price and further details.

 

Through the acquisition of SCANAMENITIES, ADA aims to capitalize an the growth potential of the attractive Scandinavian market and develop synergies in distribution and production. SCANAMENITIES is Scandinavia's leading provider of personal care products and accessories for guest use in hotels, vacation resorts, cruise ships and airplanes.


Ardian acquired ADA Cosmetics in July 2014 via its Expansion Fund III, which closed in March 2014 at €500 million. As majority shareholder, Ardian supports ADA's management team in maintaining its market leading position as well as growing the business throughout Europe, Asia and the Middle East. 

 

taxess has advised ADA and ARDIAN on the tax structure of the acquisition. 

Paragon Partners - Acquisition of Anti-Germ and Medentech

Paragon Partners advice on acquisition of Anti-Germ taxess M&A tax advice

The Anti-Germ Group, since 1998  under ICL´s (Israel Chemicals Ltd) ownership and Medentech, have been acquired by Paragon Partners GmbH.

 

The new owner, Paragon Partners will continue the entire Anti-Germ business under “ANTI-GERM International GmbH”. Paragon Partners will support the future growth of Anti-Germ. This new ownership will strengthen ANTI-GERMs efforts to improve market presence, customer service and innovation within Europe.

 

Paragon Partners is a private, owner-managed investment company that invests in established small and medium enterprises in the German-speaking countries and manages approx. € 300 million of equity. Investors include the partners of Paragon Partners and institutional investors.

 

taxess has advised Paragon Partners on the tax structure of the multi-national acquisition as lead advisor. 

3i - Christ Jewellery and Watches

taxess advises on 3i Acquisition of Christ Juweliere und Uhrmacher

The international investor 3i Group acquires a majority stake in CHRIST, a leading German jewelery and watch retailer. 3i and funds managed by 3i invest around EUR 214 million in the company.

CHRIST
is a market leader in the German jewelery and watch retail sector focusing on the affordable luxury segment. It employs more than 2,400 staff and has 220 retail outlets throughout the country in both shopping malls and prime city locations. The Company also has a growing e-commerce platform which was launched in 2010.

3i will use its experience of the retail sector and its consumer portfolio companies to work with Christ on further developing its business. In addition, 3i will draw on its international experience to support Christ accessing other high-potential markets via a European store roll-out programme.


taxess has advised 3i on the tax structure of the acquisition and has provided the tax due diligence. 

ARDIAN Investment - Acquisition of ADA Cosmetics Group

ARDIAN Investments: Acquisition of ADA Group

Ardian, the leading independent investment company, has signed an agreement to acquire ADA Cosmetics International GmbH, the leading European manufacturer of high-quality hotel cosmetics, with The Carlyle Group. The deal marks Ardian's eighth investment from its € 500m Expansion Fund III, which closed in March 2014. ADA's management team has taken a minority stake in the company as part of the transaction.


ADA Cosmetics manufactures and sells personal care products including shampoo, body lotion and soap for the hotel industry. The business supplies almost 15,000 customers in more than 50 countries, with the majority of sales generated in the DACH region, where it has a 35% market share, and France. ADA has approx. 300 employees operating out of seven subsidiaries in Europe, Asia and the Middle East, as well as a global distribution network. ADA expects to generate €53m in turnover in 2014.

 

ARDIAN is a premium independent private investment company with assets of US$ 47bn managed or advised in Europe, North America and Asia. The company, which is majority-owned by its employees, keeps entrepreneurship at its heart and delivers investment performance to its global investors while fuelling growth in economies across the world.

 

taxess has advised ARDIAN on the tax structure of the acquisition and has provided the tax due diligence. 

VR Equity Partner - Acquisition of Karl Kemper Convenience

VR Equity Partner advice on acquisition of Karl Kemper taxess M&A tax advice


VR Equity Partner GmbH, private investor Harald Sipple and German Opportunity AB have acquired Karl Kemper Group, a leading supplier of frozen convenience products.

Karl Kemper was founded in 1975 and supplies frozen convenience food products, in particular vegetarian meals, to cafeterias and hotels. With its 170 employees, it sells its meals via cash-and-carry firms and has a turnover of approximately €30m.

Eichkamp, in which the investor group has invested in the beginning of 2014, and Karl Kemper will be united under the banner of newly founded Holding European Convenience Food GmbH, which will have a combined turnover of €65m. The existing management teams from both companies will become responsible for the new trading unit.

VR Equity Partners
is a leading investor for medium-sized family in all strategic financial issues. With 100 investments VREP is one of the leading private equity financiers. VR equity partner with more than 40 years investment expertise in SME business active, making it one of the most experienced equity financing in the German-speaking countries.

taxess has advised Paragon Partners on the tax structure of the acquisition. 

ARDIAN Investment - Acquisition of Schleich Group

ARDIAN Investmens: Acquisition of Schleich Group

Ardian, the leading independent investment company acquires toy manufacturer Schleich Group from European private equity investor HgCapital. The transaction has been done through Ardian's EUR 2.4 billion LBO Fund V which the company closed in October 2013. The management of Schleich has acquired a substantial stake in the company as part of the acquisition.

 

Schleich is one of Germany's biggest toy manufacturers and a leading international  supplier of traditional figurines and realistic 'play world' concepts, which allow children to create their own unique toy landscapes. With around 340  employees, the company achieved a turnover of EUR 106 Million in 2013.

 

ARDIAN is a premium independent private investment company with assets of US$ 47bn managed or advised in Europe, North America and Asia. The company, which is majority-owned by its employees, keeps entrepreneurship at its heart and delivers investment performance to its global investors while fuelling growth in economies across the world.

 

taxess has advised ARDIAN on the tax structure of the acquisition and has provided the tax due diligence. 

BEONTRA AG - Sale to Lockheed Martin Group

BEONTRA: Sale to Lockheed Martin taxess M&A Tax Advice

Lockheed Martin takes over BEONTRA, the world leader in SaaS airport planning solutions. taxess advised the shareholders of BEONTRA AG on the sale to the American company.

 

BEONTRA develops and markets integrated software solutions for airports to short and long-term traffic, capacity and revenue planning. The company was founded in 2001 and has since grown rapidly. 

 

Lockheed Martin is a global security and aerospace company. The company employs 115,000 people worldwide. The Group net sales for 2013 totaled $ 45.4 billion

 

taxess has advised BEONTRA's shareholders on tax and structural issues of the sale. 

Paragon Partners - Acquisition of dtms from Netrada

Paragon Partners advice on acquisition of dtms taxess M&A tax advice

taxess advises Paragon Partners on the acquisition of dtms telephone and Marketing Services.Paragon Partners acquires 100% in dtms Telefon- und Marketing Services GmbH from Netrada Holding by way of a combined asset and share deal.

 

dtms offers international local network and service numbers and special functions for call center. With its own cloud-based customer contact applications dtms covers the variety of access channels for contact centers and offers payment solutions for the billing of customers services and digital content via the telephone bill. 

 

Paragon Partners is a private, owner-managed investment company that invests in established small and medium enterprises in the German-speaking countries and manages approx. € 300 million of equity. Investors include the partners of Paragon Partners and institutional investors.

 

taxess has advised Paragon Partners on the tax structure of the acquisition. 

3i - GIF

taxess advises on 3i Acquistion of Gesellschaft für Industrieforschung

3i Group plc has agreed to invest in Gesellschaft für Industrieforschung mbH, a leading international specialist in transmission testing, alongside co-founder Ulrich Rohs who will remain a shareholder.

 

3i Group plc is investing €77 million and the enterprise value of the transaction is approximately €100 million, which represents a multiple of 7x EBITDA.  

 

GIF is the world’s largest external transmission test rig operator and offers a cost efficient alternative to in-house durability testing for automotive OEMs and transmission suppliers.  GIF has 430 employees and is headquartered in Alsdorf, Germany with additional operations in China, Japan and North America. Customers include virtually all the leading OEMs and transmission manufacturers.  

taxess has advised 3i on the tax structure of the acquisition and has provided the tax due diligence. 

Recent Track Record

We adhere to the professional confidentiality. Therefore this track record only contains selected published transactions.