Afinum’s Acquisition of Majority Stake in Hartl Group GmbH

GLNS, Lubberger Lehment, Pusch Wahlig Workplace, Leo Schmidt-Hollburg Witte & Frank and Thomson Hine advised Afinum on this transaction. Ashurst advised DZ Bank AG, Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main.

The Munich-based investment company Afinum has acquired a majority stake in Hartl Group GmbH. The group of companies is a leading provider of customised managed cloud services consisting of the other companies Adcom Computertechnik GmbH, CPL 24 GmbH and CPL 24 Asset & Licence Services LLC.

The buyer is Afinum Neunte Beteiligungsgesellschaft mbH & Co KG, which is advised by Afinum Management GmbH. The investment in the Hartl Group is already the third platform transaction of Afinum Neunte Beteiligungsgesellschaft since the start of the investment phase in October 2021.

The founder of the Hartl Group, Peter Hartl, will continue as Managing Director. Together with him and the existing management team, Afinum plans to significantly expand the group’s business with further acquisitions as well as organic growth.

The GLNS team was led by Dr Ludger Schult (Picture) and further included Eva-Maria Bayer, Jennifer Blümlein (all M&A/Private Equity), Andreas Scheidle (Tax) and Dr Anselm Lenhard (Financing).

In the areas of IP/IT and data protection, GLNS again worked with Lubberger Lehment (Dr Benjamin Koch, Dr David Weller), in the area of employment law with Pusch Wahlig Workplace Law (Dr Marius Fritzsche, Dr Luca Rawe) and in the area of real estate with the Hamburg law firm Leo Schmidt-Hollburg Witte & Frank (Dr Lutz Hülsdunk, Oliver Käthner). 

The Ashurst team was led by partner Dr Matthias Weissinger. He was assisted by senior associate Franziska Sauer, associate Lorenz Schwojer as well as transaction lawyers Ena Selimbegovic and Michael Röhm (all Global Loans).

Involved fees earner: Franziska Sauer – Ashurst; Lorenz Schwojer – Ashurst; Matthias Weissinger – Ashurst; Eva-Maria Bayer – GLNS; Jennifer Blümlein – GLNS; Anselm Lenhard – GLNS; Andreas Scheidle – GLNS; Ludger Schult – GLNS; Lutz Hülsdunk – Leo Schmidt-Hollburg Witte & Frank; Oliver Käthner – Leo Schmidt-Hollburg Witte & Frank; Benjamin Koch – Lubberger Lehment; David Weller – Lubberger Lehment; Marius Fritzsche – Pusch Wahlig Workplace Law; Luca Rawe – Pusch Wahlig Workplace Law;

Law Firms: Ashurst; GLNS; Leo Schmidt-Hollburg Witte & Frank; Lubberger Lehment; Pusch Wahlig Workplace Law;

Clients: Afinum Achte Beteiligungsgesellschaft mbH & Co. KG; Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main; DZ BANK AG;

Federica Tiefenthaler

Author: Federica Tiefenthaler