Led by its Frankfurt based partner Dr. Tobias Fenck, GÖRG Partnerschaft von Rechtsanwälten mbB advised Ufenau Capital Partners on an investment in IKOR AG, including its national and international subsidiaries. Despite the current adverse conditions caused by the Covid19 pandemic, this transaction was successfully concluded. GÖRG and the team led by Dr. Tobias Fenck provided comprehensive advice in various legal areas and also coordinated the various advisors in other jurisdictions. The transaction is still subject to the approval of the German Federal Cartel Office.
With IKOR AG, Ufenau Capital Partners is counting on a strongly growing company in the software consulting sector, which as a technology consultancy and cross-product integration specialist and as a partner accompanies promotional and commercial banks, insurance companies and industry in the ongoing digitalisation process. IKOR employs more than 200 highly qualified employees at six locations in Germany, Austria, Serbia and Poland and can therefore also offer individual software development in nearshoring. The fragmented market in this environment is ideally suited for a joint buy-and-build strategy to strengthen organic growth and thus successfully continue the strategy of further acquisitions by Ufenau.
Advisors Ufenau Capital Partners
GÖRG Partnerschaft von Rechtsanwälten mbB
Dr. Tobias Fenck, Partner, Corporate/M&A, Frankfurt
Dr. Adalbert Rödding, Partner, Tax, Cologne
Dr. Florian Schmitz, Partner, IP/IT, Frankfurt
Dr. Lars Nevian, Partner, Employment, Frankfurt
Dr. Christian Bürger, Partner, Antitrust, Cologne
Dr. Andrea Zimmermann, Counsel, Corporate/M&A, Cologne
Dr. Lars Weber, M.C.L. Associated Partner, Corporate/ M&A, Frankfurt
Dr. Holger Dann, Counsel, Tax, Cologne
Robert Schindler, Associate, Corporate/M&A, Frankfurt
Dr. Maximilian Lentz, Associate, Corporate/M&A, Frankfurt
Taro Stenger, Associate, Corporate/M&A, Frankfurt
Tobias Schäfer, Associate, IP/IT, Frankfurt
About Ufenau Capital Partners
Ufenau Capital Partners is a Swiss group of investors based on Lake Zurich. Ufenau Capital Partners focuses on majority investments in service companies in Switzerland, Germany and Austria, which are active in the areas of business services, education & lifestyle, healthcare and financial services. With a comprehensive circle of renowned and experienced industry partners (owners, CEOs, CFOs), Ufenau Capital Partners pursues an active value-added investment approach on an equal footing with the entrepreneurs.
About IKOR AG
As a technology consultancy and cross-product integration specialist, IKOR accompanies the change in the course of progressive digitalisation at subsidised and commercial banks, insurance companies and industry. As a developer of SAP applications, IKOR closes the gaps in the SAP standard and is also one of Europe's leading consulting firms for Guidewire solutions. Through individual software development in nearshoring, the company can draw on an extended circle of competent employees. IKOR was founded 20 years ago and now employs more than 200 highly qualified employees at six locations in Germany, Austria, Serbia and Poland.
