A team led by Heidelberg partner Jens Uwe Rügenhagen advised FinCompare GmbH,Germany’s leading financing platform for small and medium-sized enterprises (SMEs), on its acquisition of Compeon GmbH. Compeon underwent a successful reorganisation under the management of the Dock Financial Group, which it became a part of at the end of 2022.
FinCompare is acquiring the financing portal Compeon from the insolvent Dock Financial GmbH by way of a share deal. The merger will create the leading digital broker of financing and leasing products in the German SME segment. The acquisition will therefore enable FinCompare to significantly strengthen its own market position and expand both its existing range of financing products and its network of banks and brokers. In addition to the network effects, the company anticipates significant growth from the increased opportunities and pooling of expertise. The parties have agreed to keep the purchase price confidential.
GSK Stockmann provided comprehensive advice to FinCompare, including financing advice from Frankfurt partner Rebecca Comtesse.
Advisers of FinCompare at GSK Stockmann:
Jens Uwe Rügenhagen (lead, corporate/M&A), Rebecca Comtesse (finance), Nicole Deparade (employment law), Martin Hossenfelder (IP/IT, data protection), Raoul Kreide (insolvency law), Daniela Eschenlohr (regulatory law); Associates: Lukas Faron (corporate/M&A), Raphaela Guderian (employment law), Louisa Hecker (finance)
