HEUKING Advised COGITANDA Group On Insolvency Sale To DGC AG

HEUKING Advised COGITANDA Group On Insolvency Sale To DGC AG

HEUKING advised the five insolvent entities of COGITANDA Group—COGITANDA Dataprotect AG, COGITANDA Risk Prevention GmbH, COGITANDA Insurance Services GmbH, COGITANDA Claims Services GmbH, and COGITANDA Managed Services GmbH—on their sale to a subsidiary of DGC AG.

COGITANDA Group is a leading European full-service provider for cyber risk management, offering solutions such as cyber insurance brokerage, proprietary product designs, claims management, preventive IT audits, and extensive support for brokers.

The sale was executed as part of a transferring reorganization in insolvency. Upon order of the Cologne Local Court, Philip Schober of Brinkmann & Partner was appointed insolvency administrator for the COGITANDA companies on March 1, 2025. The transaction was signed immediately upon the opening of insolvency proceedings and received approval from the creditors' committee of COGITANDA Dataprotect AG. The business transfer became effective on March 1, 2025, and the purchase agreement has already been closed.

The takeover ensures the continued employment of approximately 70 employees, securing business continuity under new ownership. The purchase price remains undisclosed.

The HEUKING team was led by Prof. Dr. Georg Streit (Partner, Lead – Restructuring), Dr. Marc P. Scheunemann (Partner, Lead – M&A) and Rüdiger Schnug (Partner, Lead – Insurance)

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