Hamburg – A YPOG team co-led by the partners Jörn Wöbke and Stefan Witte comprehensively advised Hamburg-based private equity investor BPE on the acquisition of the OPEN Group. The OPEN Group was acquired as an Owners Buy-out together with the founders and other managers of the Group.
The OPEN Group is a tech-focused digital agency with around 250 employees in Berlin, Cologne, Hamburg, Kassel and Frankfurt. Its focus is on supporting customers in optimizing and digitizing their sales through IT technology and digital agency services. As a full-service provider, OPEN specializes in web development, CRM, digital strategies, storytelling, communication and digital sales for clients such as Mercedes, HDI.global, Fraport, SAMSUNG, AUDI and RTL.
The YPOG team, whose expertise BPE already relied on in several other projects, most recently in particular on the acquisition of the MSM Group (Full-Service-Digital-Provider) completed at the beginning of this year, advised on all legal and material tax issues.
Advisors BPE:
Dr. Jörn Wöbke (Co-Lead, Corporate), Partner
Dr. Stefan Witte (Co-Lead, Corporate), Associated Partner
Johannes Schmidt (Corporate), Associate
Stefan Richter (Tax), Partner
Ann-Kristin Lochmann (Tax), Associated Partner
Matthias Kresser (Corporate), Associated Partner
Bilal Tirsi (Corporate), Associate
About BPE
The Hamburg-based company, existing for more than 20 years, is a specialist for succession solutions, ensuring the independence and innovative strength of German ”Mittelstand” companies. The management team of BPE has more than 80 years of combined experience in Private Equity in Germany. Additionally, the team members have many years of complementary experience in the areas of operational management/restructuring and mergers & acquisitions. The team members have partially been working together successfully for more than 20 years. They have an established network and many years of experience with German ”Mittelstand” companies.
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About us
YPOG stands for You + Partners of Gamechangers – forward-thinking legal and tax advice. Supporting companies that are focused on emerging technologies, YPOG embraces change as an opportunity to develop cutting-edge solutions. The YPOG team offers comprehensive expertise in the areas of Funds, Tax, Transactions, Corporate, Banking, Regulatory + Finance, IP/IT/Data Protection, Litigation, and Corporate Crime + Compliance + Investigations. YPOG is one of the leading law firms in Germany for venture capital, private equity, fund structuring, and the implementation of distributed ledger technology (DLT) in financial services. Both the firm and its partners are regularly recognized by renowned national and international publications such as JUVE, Best Lawyers, Chambers and Partners, Leaders League, and Legal 500. YPOG is home to more than 150 experienced attorneys, tax advisors and tax specialists as well as a notary, working across offices in Berlin, Hamburg, Cologne, and Munich.
Further information: www.ypog.law/en/ and www.linkedin.com/company/ypog