Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 15-04-2014 | Practice Area: | Corporate and M&A |
| Deal Title: | Jochen Schweizer GmbH Acquisition of Spontacts GmbH | Industry: | Software & Computer Services |
| Description: |
Jochen Schweizer GmbH has acquired the shares in the social networking platform Spontacts GmbH from Scout24 Services GmbH and now holds a clear majority stake in the company. Spontacts is an innovative adventure community, allowing its users (currently approx. 350,000 members) to search for interesting and new people to engage with in a variety of leisure activities via smartphone and on the internet. The share purchase is a strategic acquistion for Jochen Schweizer, with a view to developing its own adventure portal.
Through Jochen Schweizer GmbH, Jochen Schweizer Corporate Solutions GmbH and Jochen Schweizer Projects AG, the Jochen Schweizer Group provides for a special kind of experience worldwide. It offers some 1300 individual events through the online portal www.jochen-schweizer.de, as well as incentive planning and event bonus schemes for companies (www.jochen-schweizer-corporate.de).
King & Wood Mallesons SJ Berwin (Simon Vogel) advised the Jochen Schweizer Group on this transaction.
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| Financial Center: | Munich | Value: | 0.00-0.00 |
| Advised Party: | Acquiror | Law Firm | King & Wood Mallesons SJ Berwin |
| Target Company Jurisdiction: | Germany | Acquiror Jurisdiction: | Germany |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Simon Vogel |
