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.
GLNS provided comprehensive advice to Afinum on this transaction. The team led by Dr Ludger Schult 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 law firm Thomson Hine was consulted for all US law issues.
GLNS regularly assists Afinum. Most recently, the firm advised the investor on the acquisition of Fishing King and the sale of Perfect Drive Sports Group.