Heuking Advised Hhs On Intended Acquisition Of Datagroup By Dante Beteiligungen
Heuking Advised Hhs On Intended Acquisition Of Datagroup By Dante Beteiligungen
Occurring outside the public purchase offer, the transfer will result in Dante Lux HoldCo S.à r.l. and HHS’s long-term joint control of Dante Beteiligungen SE as indirect 50:50 shareholders after settlement.
Led by Dr Rainer Herschlein and Benedikt Raisch, a HEUKING team advised HHS Beteiligungsgesellschaft mbH (HHS) on legal and tax matters in connection with the intended acquisition of DATAGROUP SE by Dante Beteiligungen SE, a holding company controlled by investment funds, vehicles, and accounts advised and managed by Kohlberg Kravis Roberts & Co. L.P. and its affiliates (KKR).
Founder of DATAGROUP, Hans-Hermann (Max) Schaber and his family investment vehicle HHS have entered into a critical partnership with KKR and signed an agreement under which 54.4% of its stake in the registered share capital of DATAGROUP SE will be indirectly transferred by HHS to Dante Beteiligungen SE. Occurring outside the public purchase offer, the transfer will result in Dante Lux HoldCo S.à r.l. and HHS’s long-term joint control of Dante Beteiligungen SE as indirect 50:50 shareholders after settlement.
Another Dr Thorsten Kuthe-led HEUKING team advised DATAGROUP SE, especially on entering into the corresponding investor agreement and on concluding the public takeover offer. DATAGROUP SE shareholders have had the opportunity to accept the offer and tender their shares at a cash price of EUR 54.00 per DATAGROUP SE share since Friday, May 9, 2025. A premium of roughly 33% over DATAGROUP’s XETRA closing share price as of April 15, 2025 is represented by the offer. The acceptance period is till midnight June 6, 2025 (local time Frankfurt am Main).
HHS is a family-owned investment firm. DATAGROUP is one of Germany’s leading IT service companies, employing around 3,700 professionals across its locations nationwide. KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions.
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