Berlin, August 2023 – A YPOG team led by Dr. Stephan Bank and Dr. Helder Schnittker provided comprehensive legal, tax and regulatory advice to Berlin-based private equity firm KKA Partners on the structuring of its second fund generation. The new fund, which is labeled KKA Value Fund II, has a total volume of € 230 million, thereby significantly surpassing its initial target size of € 200 million. The fund’s investor base comprises limited partners from KKA’s first fund generation as well as new institutional investors from Europe and the USA, including endowment funds, pension funds, insurance companies, large family offices, and entrepreneurs. Notably, institutional investors from the USA account for more than 40 % of the fund’s total commitments.
With this new fund, KKA aims to support growth and technological development for medium-sized companies in the DACH region. So far, the new fund generation has already completed four platform investments with a particular focus on B2B services and the healthcare sector. As a key feature, the new fund focuses on the systematic technologization of medium-sized companies, which KKA has identified as a significant value driver for its investments.
With the final closing of KKA Value Fund II, KKA and YPOG continue their successful cooperation. The team around Stephan Bank and Helder Schnittker, on whose expertise KKA already relied in connection with the structuring of its first fund generation and of various investment vehicles, advised on all legal, regulatory and tax matters. YPOG’s transaction team also supported KKA in several transactions, including the acquisition of Xantaro Group.
Team
Dr. Stephan Bank (Co-Lead, Structuring), Partner, Berlin
Dr. Helder Schnittker (Co-Lead, Tax/Structuring), Partner, Berlin
Dr. Niklas Ulrich (Regulatory), Senior Associate, Hamburg
Dr. Florian Wilbrink (Structuring), Senior Associate, Berlin
Axel Zirn (Structuring), Associate, Berlin
Wolfram Dickersbach (Tax), Associate, Berlin
Dr. Sebastian Schwarz (Tax), Associated Partner, Berlin
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About KKA Partners
KKA Partners was founded in 2018 and focuses on primary buyouts in the DACH region to promote the growth and value creation of small and medium-sized companies through technology. The industry focus is on HealthCare, Smart Industries, Business Services as well as Consumer Goods and Services. KKA's current portfolio includes Curamed, a group of private German psychiatric hospitals, Xantaro, a German-British IT services and software company for critical communication networks, SSF, a leader in business process outsourcing, and Prokuras, a real estate services company. KKA targets majority acquisitions and focuses on partnering with entrepreneurs.
Contact
Benno Engelmann
T +49 172 2749 689 | E presse@ypog.law
Engelmann Advisory
engelmann-advisory.com
About us
YPOG is a law firm specialized in tax and business law, active in the core fields of Funds, Tax, Banking + Finance, and Transactions. The team at YPOG represents a broad client base, which ranges from emerging technology companies and family-run SMEs to large corporations, as well as private equity, and venture capital funds. YPOG is one of the leading advisors for venture capital, private equity, and fund structuring in Germany. The firm and its partners have been recognized nationally and internationally by JUVE, Best Lawyers, Legal 500, Focus, Chambers and Partners as well as Leaders League. Today, YPOG has more than 150 experienced attorneys, tax advisors and tax specialists and a notary, in four offices, located in Berlin, Hamburg, Cologne, and Munich.
