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Schoenherr advises FUNKE Works GmbH on acquisition of freyspiel GmbH
Schoenherr advised FUNKE Works GmbH, a group company of the FUNKE Media Group, on the acquisition of 100 % of the shares in freyspiel GmbH, an Austrian company specialising in innovative marketing tools and games.
Schoenherr provided comprehensive tax and legal advice on the due diligence process, and the drafting and negotiation of the transaction documentation.
FUNKE Works GmbH operates specialist job exchanges for career starters and young professionals. The largest platforms include AZUBIYO, Absolventa and Azubi.de. Headquartered in Munich, the company employs around 200 people at four locations and is part of the FUNKE Media Group.
Freyspiel GmbH, based in Graz, was founded as a family business and specialises in the development, design and production of games as a means of communication for companies. The company's SCHOOLGAMES project is designed to support teachers in preparing their pupils for the challenges of the professional world and serves as a bridge between business and school.
The Schoenherr team advising FUNKE Works was led by Michael Marschall (partner), who was supported by Lukas Pirringer (associate), Markus Piuk (partner), Alexander Pabst (attorney at law), Antonia Hirsch (associate), Christian Kracher (associate), Denise Stahleder (associate), Teresa Waidmann (partner) and Hanna Elisabeth Kirschner (associate). Tax-related matters were led by Marco Thorbauer (partner), who was supported by Benedikt Schachner-Gröhs (associate).