A team led by Stuttgart-based partner Dr. Peter Ladwig comprehensively advised the shareholders of OMIKRON Data Quality GmbH (in the market also known as “FACT-Finder”) on the sale of all of their shares to investment company GENUI and supported the client during the transaction.
In addition to support during the bidding process and the drafting and negotiating of all agreements within the scope of the transaction, Heuking Kühn Lüer Wojtek’s advice included in particular the structuring and support of the carve-out that was preceding the sale to establish the target structure., The “Data Quality” business unit was spun off as part of the carve-out and transferred to OMIKRON Data Solutions GmbH at the end of last year.
OMIKRON Data Quality GmbH was founded by Carsten Kraus in 1988 and subsequently developed into a leading provider of software solutions in data quality and search and navigation in online stores. Following the carve-out of the “Data Quality” business unit, OMIKRON Data Quality’s activities extend specifically to the eCommerce sector. With its “FACT-Finder” software application, the company is a leader in the search, navigation, and merchandising sector in online stores. The technology is used in more than 1,800 online stores worldwide.
GENUI is a German investment company that was established in Hamburg in 2014.
OMIKRON Data Solutions will be continued by OMIKRON Data Quality’s former shareholders and will focus on the development, sales, and SaaS solutions for master data management and data quality as well as associated services in the future.
Counsel to the shareholders of OMIKRON Data Quality GmbH and of OMIKRON Data Solutions GmbH in connection with the carve-out
Heuking Kühn Lüer Wojtek:
Dr. Peter Ladwig (Lead),
Dr. Alexander Schott,
Dipl.-Finw. Yvonne Hundsdörfer (all Corporate/M&A),
Antje Münch, LL.M. (IP/IT), all Stuttgart