Renzenbrink & Partner advised \u201eIK Small Cap IV Funds\u201c 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.<\/p>\n\n
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\u2019s full-service outsourcing offering is seamlessly integrated with its clients\u2019 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. <\/p>\n\n
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.<\/p>\n\n
In partnership with IK, DATAPART will further develop its platform by investing in its solutions and capabilities. It will leverage IK\u2019s 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. <\/p>\n\n
The Renzenbrink & Partner team consisted of Dr. UIf Renzenbrink<\/a>, Dr. Dennis Schlottmann<\/a>, Marc Philip Priesmeyer<\/a> and Konstantin Klein (all Corporate\/Private Equity) as well as Marc-Holger Kotyrba<\/a> and Dr. Toufic Schilling <\/a>(all Tax\/ Private Equity).<\/p>\n\n 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.<\/p>\n\n KNPZ Rechtsanw\u00e4lte advised on data protection and IT\/IP with a team consisting of Dr. Kai-Uwe Plath, Matthias Struck, Dr. Caroline Schmitt-M\u00fccke and Laurenz Strassemeyer. <\/p>\n","protected":false},"featured_media":1945,"template":"","class_list":["post-1946","deals","type-deals","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\n