KPMG advises HANNOVER Finanz on the acquisition of Dental Direkt

KPMG Law Rechtsanwaltsgesellschaft mbH (KPMG Law) and KPMG AG Wirtschaftsprüfungsgesellschaft (KPMG) advised the private equity fund HANNOVER Finanz GmbH on the due diligence and structuring of the acquisition of Dental Direkt GmbH.

HANNOVER Finanz has acquired a majority stake in Dental Direkt. KPMG Law conducted a legal due diligence review. Here, KPMG Law worked with a cross-location team primarily from the areas of employment law, IP/IT, regulatory/health care and corporate law. KPMG advised on the tax due diligence, tax structuring and finance due diligence with teams from Hanover, Hamburg and Frankfurt.

Dental Direkt, headquartered in Spenge, Germany, was founded in 1997 by Gerhard de Boer and has since developed into one of the leading companies in the production of dental blanks (milling blanks) made of zirconium oxide. The company employs 120 people and has modern and automated production facilities. Dental Direkt sees itself as a full-service digital partner for dental laboratories. It develops and equips them with milling blanks, CAD/CAM equipment and implant components produced in-house. Dental Direkt fully covers the entire digital workflow – from the intraoral scanner to the company’s own milling center. The core competence lies in the production of milling blanks made of zirconium oxide. Dental Direkt is globally oriented and supplies its customers in more than 60 countries worldwide. In addition, Dental Direkt offers its customers the option of having complex dental restorations manufactured at its own technology center in St. Annen, Lower Saxony.

The founder and family entrepreneur Gerhard de Boer remains associated with the company as a shareholder. The managing directors Marcel Brüggert and Marvin Kühme also participate in the company.

Founded in 1979, HANNOVER Finanz has been an equity partner for SMEs for over 40 years. The private equity house with headquarters in Hanover and an office in Vienna is one of the first venture capitalists for the D-A-CH region in Germany and is an owner-managed investment company in its second generation. HANNOVER Finanz’s commitments range from traditional industries to trade and new technologies. Since its foundation, the company has completed over 250 projects and invested over two billion euros. Investment opportunities are mainly growth financing and succession planning for solid medium-sized companies with annual sales of 20 million euros or more. The portfolio currently includes 35 companies.

HANNOVER Finanz Inhouse (negotiation):

Dr. Christina Silberberger (General Counsel/Partner, Hanover)

Advisor to HANNOVER Finanz, Legal Due Diligence:

KPMG Law Rechtsanwaltsgesellschaft mbH: Dr. Christian Nordholtz (Partner, Lead), Dr. Dimitri Immermann (Manager), Frederik Wesch (Associate), Marlon Wehrenberg (Associate) all Hanover, all Corporate/M&A; Dr. Martin Trayer (Partner), Fulya Isikgel (Senior Associate), both Frankfurt, Jens Helbich, Senior Associate, Hanover, all labor law; Dr. Anna-Kristine Wipper (Partner), Dr. Ariane Loof (Senior Manager), Felix Schnorr (Associate), all Berlin, Lana Dachlauer-Baron (Senior Associate, Nuremberg), all IP/IT and data protection law; Denise Bartels (Manager, Düsseldorf, Regulatory Affairs/Health Care)

Advisor to HANNOVER Finanz, tax due diligence and structuring:

KPMG AG Wirtschaftsprüfungsgesellschaft (Tax), Germany: Julius Ebrecht (Partner, Frankfurt, Lead), Serjoscha Keck (Partner), Arne Dettling (Senior Manager), both Hanover; Ralph Hack (Manager, Frankfurt).

Advisor to HANNOVER Finanz, Finance Due Diligence:

KPMG AG Wirtschaftsprüfungsgesellschaft (Finance), Germany: Frank Mäder (Senior Manager), Sebastian Pusch (Manager), both Hamburg.