Renzenbrink & Partner advises IK Partners on the acquisition of DATAPART

Renzenbrink & Partner advised „IK Small Cap IV Funds“ advised by IK Partners (“IK”) on the acquisition of DATAPART Factoring GmbH (“DATAPART”), a leading German provider of business process outsourcing for driving schools, on legal and tax matters.

Founded in 1994 and headquartered in Ludwigsburg, Germany, DATAPART provides a tech-enabled BPO solution for driving schools which covers billing, payment processing, administrative processes as well as liquidity management. The Company’s full-service outsourcing offering is seamlessly integrated with its clients’ operations through its own proprietary software system, which provides for comprehensive process automation. DATAPART is the clear leader in its market, with a long-term track record of consistent growth.

IK acquires DATAPART together with the management of German Equity Partners V, a fund managed by the independent investment company ECM Equity Capital Management GmbH.

In partnership with IK, DATAPART will further develop its platform by investing in its solutions and capabilities. It will leverage IK’s extensive BPO expertise and strong presence in the DACH region to strengthen its differentiated position in the German driving school market and expand its footprint.

The Renzenbrink & Partner team consisted of Dr. UIf Renzenbrink, Dr. Dennis Schlottmann, Marc Philip Priesmeyer and Konstantin Klein (all Corporate/Private Equity) as well as Marc-Holger Kotyrba and Dr. Toufic Schilling (all Tax/ Private Equity).

Noerr advised on aspects of financial regulation, the owner control proceedings and in connection with specific factoring aspects with a team consisting of Dr. Karl-Alexander Neumann, Juri Stremel and Dr. Serkan Aslan.

KNPZ Rechtsanwälte advised on data protection and IT/IP with a team consisting of Dr. Kai-Uwe Plath, Matthias Struck, Dr. Caroline Schmitt-Mücke and Laurenz Strassemeyer.
Dr. Martina Sikora from de Angelis Rechtsanwälte advised on employment law aspects.