04-07-2015News

Heuking Kühn Lüer Wojtek advises Oakley Capital Private Equity concerning the acquisition of PARSHIP

A team from the business-advisory partnership Heuking Kühn Lüer Wojtek, headed by Dr Pär Johansson, has advised Oakley Capital Private Equity concerning the acquisition of the Hamburg-based online dating agency PARSHIP. Completion of the transaction is still conditional on approval by the cartel authorities.

PARSHIP was formed in 2000 as Germany's first online dating agency, and is one of Europe's leading providers of dating services in the Internet. The company has approximately 150 employees and operates in twelve other countries in addition to Germany, in particular Austria, Switzerland, Belgium and the Netherlands.

The investment company Oakley Capital Private Equity was formed in 2002 and has its registered office in London. It invests in high-growth companies in Great Britain and Western Europe, and manages an investment volume of some 750 million euros. Heuking Kühn Lüer Wojtek advises Oakley Capital on a regular basis. The Cologne-based team specialising in private equity transactions most recently advised Oakley Capital and Bellaxa AG concerning the sale of the shareholding in the intergenia Group to HEG Co. Ltd. (Host Europe), which is part of the Cinven portfolio.

Advisers to Oakley Capital Private Equity
Heuking Kühn Lüer Wojtek:

Dr Pär Johansson,
Tim Remmel, LL.M. (both in a lead-management role),
Kristina Schneider, LL.M.,
Dr Christian Gross-Bölting (all M&A);
Dr Verena Hoene, LL.M.,
Kai Oliver Runkel (both IP/IT),
Dr Sascha Schewiola (employment law), all Cologne

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