Renzenbrink & Partner advises SCHEMA Group on the complete takeover of TID Informatik GmbH
7. May 2019Renzenbrink & Partner advised SCHEMA TopCo GmbH, an IK portfolio company, on the complete takeover of TID Informatik GmbH (TID) by the SCHEMA Group from the managing shareholders. The SCHEMA Group was previously a minority shareholder in TID.
TID, headquartered in Inning am Ammersee, was founded in 1992 and currently employs around 50 people at its headquarters and its branch in Amberg in the Upper Palatinate. TID is the manufacturer of the CATALOGcreator® software and a specialist in electronic spare parts catalogs and the management of service and spare parts information.
The SCHEMA Group, a portfolio company of the IK Investment Partners Small Cap Fund II, is a leading manufacturer of professional software solutions for product and process-related documentation with its products SCHEMA ST4 and SCHEMA CDS.
In the acquisition of TID, Renzenbrink & Partner advised SCHEMA TopCo GmbH with a team consisting of Dr. Andreas Stoll, Dr. Niels Maier and Pablo Albrecht (Corporate/M&A) as well as Marc H. Kotyrba and Dr. Florian Seitz (Tax) together with KNPZ Rechtsanwälte (IP/IT) on all legal and tax aspects of the transaction. Renzenbrink & Partner had already advised IK on the acquisition of the SCHEMA Group in 2018.