Search
Contact
22.06.2021 | Deal Notifications, Press releases

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.

 

Explore #more

06.11.2024 | In the media

Interview in stores + stores magazine on the topic: “Companies need AI rules”

Evaluating application videos using AI, translating employment contracts via smartphone or using AI analyses for target agreements and salary discussions – all of this is…

31.10.2024 | In the media, Legal Financial Services

Statement by Ulrich Keunecke in the in-house counsel on the topic of capital market compliance

For private equity investors, going public is the most common exit strategy when investing in a company.
However, family businesses and SMEs can also gain…

30.10.2024 | In the media

Guest article in ZURe on the topic of reporting channels under the Whistleblower Protection Act and the Supply Chain Due Diligence Act

The dual obligation to implement reporting channels in accordance with the HinSchG and LkSG poses major personnel and administrative challenges for practitioners, especially in times…

25.10.2024 | In the media

Guest article in the Audit Committee Quarterly: New regulations on the remuneration of works councils

On June 28, 2024, the German Bundestag passed the Second Act Amending the Works Constitution Act (BetrVG). This amendment is intended to increase legal certainty…

23.10.2024 | In the media

Guest article in the Neue Zeitschrift für Gesellschaftsrecht: Update Gesellschafterdarlehen: Risks in M&A transactions

Christian Hensel and Daniel Dörstling have published a new article on the insolvency-proof handling of shareholder loans in the context of M&A transactions in the…

21.10.2024 | KPMG Law Insights

EU deforestation regulation forces companies to act

Anyone who trades in or uses the raw materials soy, oil palm, cattle, coffee, cocoa, rubber and wood and certain products made from them should…

18.10.2024 | Deal Notifications

KPMG Law advises Adiuva Capital on the acquisition of a majority stake in Advellence Solutions AG and Sharedien AG

KPMG Law Rechtsanwaltsgesellschaft mbH and KPMG Law Switzerland (KPMG Law) advised the owner-managed investment company Adiuva Capital GmbH (Adiuva) on the due diligence, structuring and…

18.10.2024 | KPMG Law Insights

BAG: Showering can be working time

Can showering be working time? The Federal Labor Court had to decide on this question (BAG, judgment of April 23, 2024 – 5 AZR 212/23

11.10.2024 |

Deforestation regulation: The most common mistakes made by companies

The very name of the regulation is misleading. “Deforestation Ordinance” sounds more like a set of rules for agriculture or forestry. But it…

11.10.2024 | In the media

Guest article in the Asset Management Guide 2024: The Fund Market Strengthening Act – Flexibilization and Debt Fund reloaded

On August 5, 2024, the Federal Ministry of Finance published the draft bill for the Act to Strengthen the German Fund Market and Implement Directive…

Contact

Dr. Martin Trayer

Partner

THE SQUAIRE Am Flughafen
60549 Frankfurt am Main

Tel.: 49 69 951195565
mtrayer@kpmg-law.com

© 2024 KPMG Law Rechtsanwaltsgesellschaft mbH, associated with KPMG AG Wirtschaftsprüfungsgesellschaft, a public limited company under German law and a member of the global KPMG organisation of independent member firms affiliated with KPMG International Limited, a Private English Company Limited by Guarantee. All rights reserved. For more details on the structure of KPMG’s global organisation, please visit https://home.kpmg/governance.

 KPMG International does not provide services to clients. No member firm is authorised to bind or contract KPMG International or any other member firm to any third party, just as KPMG International is not authorised to bind or contract any other member firm.

Scroll