Lars Kocherscheid-Dahm

MOINsure GmbH (“Hepster”), a leading and fast-growing InsurTech company based in Rostock, secured $10 mio (EUR 8mio) funding from several investors in a series A round on 18 December 2020. The funding round was led by Element Ventures (London) and Seventure Partners (Paris, Munich). Existing investors also participated in the series A round.

BDO has advised Milliken & Company (“Milliken”), a global diversified manufacturer with more than a century and a half of materials science expertise, on the acquisition of Zebra-chem GmbH (“Zebra-chem”). BDO was engaged to provide due diligence on the financial and tax position of the acquired business.

With a multidisciplinary team of experts headed by André Horn, BDO has advised a consortium from the energy industry about shares in 450connect GmbH on the buyer’s side.

Energieversorgung Oberhausen AG (evo) has hived-down its community power- and gas-grid to its wholly-owned subsidiary Oberhausener Netzgesellschaft mbH.

BDO has advised the venture capital specialist Accel on an investment in Taxdoo. The growth capital totalling 17 million euros is earmarked for implementing the provider’s international expansion plans and product development.

A multi-disciplinary team from BDO led by Thorsten Zwiener (Corporate Finance, Frankfurt) together with Elmar Hiltner (Corporate Finance, Cologne) and Michael Brauer (Transaction Tax, Düsseldorf) advised MAMBU, the Berlin based SaaS banking platform provider, on its most recent Series D financing raising $135 million. The investment is led by TCV with participation from existing investors, including Acton Capital Partners, Bessemer Venture Partners, Runa Capital, as well as new investors Arena Holdings and Tiger Global. The new round brings the company’s valuation to over $2 billion.

The European Union and the UK have announced a new Trade and Cooperation deal on 24th December 2020 to regulate the provision of trade and services from 1 January 2021   BDO welcomes a No-Deal BREXIT is averted and urges businesses to continue the implementation of their BREXIT plans to address big changes regardless of the deal

With effect from 10 September 2020, aXon Gesellschaft für Informationssysteme mbH, specialist in Microsoft Dynamics 365, became part of Fellowmind. With the addition of the German aXon-team, Fellowmind strengthens their leading position in the field of Microsoft Business Applications and Digital Workplace.

The shareholders of GBTEC Software + Consulting AG have sold a majority shareholding to Main Capital, a Dutch investor exclusively focused on software investments. Bolstered by a substantial investment of Main Capital Bochum-based GBTEC, focused on business process management (BPM) software, aims to further build out its leading market position through continued sustainable growth and increasing internationalization.

The ‘Wer liefert was’ Group (wlw Group) – whose majority shareholder is Swiss private equity firm Capvis and which, amongst other things, is the provider of the leading online B2B marketplace in German-speaking Europe – has acquired all the shares in Berlin-based Gebraucht.de GmbH as of 1 May 2019. The sellers are the two founders of the online marketplace for second-hand goods, Oliver Kaiser and Stefan Tietze (who will remain as directors of the company), and a not inconsiderable number of national and international investors. A non-disclosure agreement has been signed in respect of the purchase price.

EGN Entsorgungsgesellschaft Niederrhein GmbH has acquired all shares in D&H Baustoff Verwertungs GmbH and Jochims Transport GmbH thereby expanded its service portfolio to include the construction waste and soil treatment segment.

BDO has advised XING, the leading online business network in German-speaking countries, on the acquisition of Honeypot. It is XING’s largest acquisition so far and part of the Tech-Dax listed company’s mission to accompany its members on the process of change the work environment is currently undergoing.

BDO AG Wirtschaftsprüfungsgesellschaft maintained its position in 2018 as one of Germany’s leading transaction advisory firms in the mid- and small-cap segment. In Thomson Reuters’ latest M&A review, BDO occupied an outstanding fourth place in both segments.

Printal GmbH has sold its shares in the Drescher Group which comprises its activities with a focus on digital print solutions. The parties have agreed not to disclose the financial details of the transaction.

The German Investment Code (Kapitalanlagegesetzbuch - KAGB) that was adopted in 2013 had implemented, inter alia, the European Directive on Alternative Investment Fund Managers (AIFM Directive). The KAGB is now a fundamental part of the financial market law in Germany, containing requirements for all participants in the investment funds as well as their activities. In addition to investment management companies, the KAGB is also applicable to providers of investment services and depositaries. All pooling of capital that is structured as investment funds is regulated, including open-end, closed-end and alternative forms of capital investment.

WKS Druckholding GmbH (Wassenberg) has acquired all partners’ interests in inline Rollenoffset Ploch & Strube OHG and Strube Druck und Medien OHG (Felsberg). The parties have agreed not to disclose the financial details of the transaction.

Fondium B.V. & Co. KG has acquired two iron casting plants in Mettmann and Singen belonging to the GF Casting Solutions division of Swiss Georg Fischer AG.

BDO AG Wirtschaftsprüfungsgesellschaft has advised Allianz Real Estate GmbH on the acquisition of a 20% stake in the Ocean Financial Centre Singapore, a 43 storey Grade-A office tower located strategically at the intersection of Raffles Place and Marina Bay financial precincts. The agreed transaction value is SGD 537.3 million (EUR 345 million). The transaction is subject to closing by end-December 2018.

Swedish financial investor EQT acquires neighbouring sites in Switzerland via its portfolio company GETEC Heat & Power

The shareholders of SÄLZER GmbH have sold a majority share in the company to Schüco International KG. The parties have agreed not to disclose the financial details of the transaction.

The shareholders of Arthur Friedrichs Kältemittel GmbH have sold all shares in the company to English A-Gas group. The parties have agreed not to disclose the financial details of the transaction.

Chinese Zhejiang Tieliu Clutch Co., Ltd. (Hangzhou/Peoples Republic of China) has concluded an agreement for the acquisition of all shares in Geiger Fertigungstechnologie GmbH (Pretzfeld/Germany). The shares have been sold by GM Tec Industries Hol-ding GmbH, a 100% subsidiary of KAP Beteiligungs-AG, DAUN & Cie Aktiengesellschaft and ATLAS Textil Verwaltungs GmbH. The transaction is still subject to regulatory approvals in Germany and China.

BDO has advised the London-based venture capital investor Felix Capital on financial and tax aspects of its USD 8.5 million Series A investment in the lifestyle platform Highsnobiety. The funding will go, among others, into expanding branded content as well as the e-commerce and event business of the influential streetwear and youth culture title Highsnobiety.

BDO supported the British Foresight Group with an investment in Nano Interactive. Based in Starnberg near Munich, the provider of search-based targeting intends to use the growth capital investment of GBP 3.5 million to accelerate its plans to expand internationally and to support the roll-out of Nano INSIST (Instant Search-intent Targeting).

A multi-disciplinary and multi-national team of BDO Legal and BDO AG Wirtschaftsprüfungsgesellschaft and several other BDO member firms led by Martin Schulte (BDO Legal, Corporate/Cologne) and Jan Odewald (BDO AG Wirtschaftsprüfungsgesellschaft, Corporate Finance/Düsseldorf) advised Ratingen-based INTOCAST-Group on the acquisition of production facilities in Marone (Italy), Lugones (Spain) and Oberhausen.

Further to the recent announcement that Keith Farlinger will be taking over from Martin van Roekel as the new global CEO of BDO, on 1 November 2017, BDO International Limited is pleased to announce 3 further global appointments within the network’s Global Leadership Team.

Georg Fischer B.V. & Co. KG (Singen) has acquired all shares in Symmedia GmbH (Bielefeld). The parties have agreed not to disclose the financial details of the transaction.

Via its subsidiary Maius Neuetec GmbH, Chinese Shaoxing Eastlake High-Tech Co. Ltd has acquired all shares in Ehrfeld Mikrotechnik BTS GmbH from Bayer AG (Leverkusen). The parties have agreed not to disclose the financial details of the transaction.

BDO Corporate Finance continues to build on its market position as one of the leading financial M&A advisers globally.

Greenlight and Sator join forces with BDO Jersey to provide comprehensive advice to clients operating in a fast changing regulatory and digital environment  

The Norwegian LINK Mobility Group ASA has acquired all shares in the companies of the German Whatever Mobile Group. The parties have agreed not to disclose the financial details of the transaction.

BDO, one of the world’s most innovative international networks of public accounting, tax and advisory firms, is pleased to announce a worldwide technology and services collaboration with Microsoft that will accelerate the digital transformation of their clients’ businesses.

BDO Sweden has experienced substantial expansion during the last four months with the acquisition and establishment of four new offices in Nyköping, Eskilstuna, Luleå and Jönköping: all strategically important geographical areas.

BDO is pleased to announce the appointment of E-Hyun Accounting Corporation and E-Hyun Tax Corporation as its new member firm in South Korea, effective 1 April 2016, and collectively trading as BDO Korea.

BDO’s global network acted on over 860 completed Merger & Aquisition deals during 2015, with a combined value of €27.3 billion, showing a growth of 19% over the past year and a growth of 26% p.a. in the last 5 years,  reinforcing BDO’s strong leading position within the mid-market.