Momentum Rechtsanwälte Steuerberater PartG mbB | View firm profile
The transaction boutique Momentum has advised the shareholders of the “der steinbock” group on the sale of the steinbock companies to the Hamburg-based Urban Apes Group under the long-standing investor Family Trust Investor FTI GmbH. Momentum’s advice covered the entire transaction process including the drafting and negotiation of the purchase agreement and further transaction documentation.
“This merger offers considerable advantages for all parties involved. Together we can improve investment opportunities at existing and new locations, secure better purchasing terms and optimize operations through a unified management system. With a stronger bouldering experience and network effects, we will create the best activities for our rapidly growing community and foster deeper connections and engagements,” the management of the enlarged group commented on the merger.
About the “der steinbock” group
The “der steinbock” group is a leading company in the field of bouldering in southern Germany and Austria. The founders and managing directors of the “der steinbock” group, Dr. Heinz Gores, Johannes Müller, Claudio Nardi and Jörg Kühhorn, have built up the 7 bouldering halls themselves in recent years and run them independently. Following the merger with the Urban Apes Group, the founders and managing directors of the “der steinbock” Group will assume key positions in the newly created group of companies and continue to contribute their know-how and expertise in the operation of bouldering halls.
About the Urban Apes Group
Until the merger, the Urban Apes Group was one of the leading bouldering hall operators in northern Germany. With the acquisition of the 7 bouldering gyms of the steinbock companies in southern Germany and Austria, the Urban Apes Group has become the largest operator of bouldering gyms in the DACH region (Germany, Austria and Switzerland) with a total of 19 bouldering gyms. The expanded group of companies now employs more than 700 people at 18 locations in Germany and Austria. The joint group is headed by Lars Großkurth as CEO.
About Momentum:
Momentum is a boutique law firm specialized in transactions. We provide efficient, proactive and pragmatic advice in the areas of M&A, private equity, venture capital, corporate and tax law. As experienced and entrepreneurial lawyers, we understand the specific needs of our clients and help accomplish transactions. Our strong national and international network of partner law firms allows us to offer comprehensive legal and tax transaction advice as a so called “one-stop shop”.
Deal Team Momentum:
Dr. Philipp Gold, Partner (Private Equity, M&A, Tax)
Philipp Weber, Partner (Private Equity, M&A)
Nicole Lucks, Senior Associate (Private Equity, M&A, Tax)
Milad Ghafarian, Senior Associate (Private Equity, M&A)
In the context of the transaction, Momentum worked closely with Sebastian Kaiser, the tax advisor of the “der steinbock” Group and leveraged its proven partner network:
Hohenstein / Heumann + Partner:
Sebastian Kaiser (Tax Advisor)
maat Rechtsanwälte:
Dr. Kathrin Kentner (Employment Law)
Dr. Dominik Jochums (Employment Law)