POELLATH advises GENUI on the acquisition of KGS Software GmbH
The investment company GENUI has acquired a majority stake in KGS Software GmbH (“KGS”), a leading specialist for digital archiving of data and documents. The seller is the investment company Maxburg Capital Partners (“Maxburg”), which had secured a majority stake in KGS in 2018. Maxburg will continue its involvement through a co-investment by Maxburg Beteiligungen IV. The existing KGS management team will continue to steer and drive the future development of the company. The parties have agreed not to disclose the financial details of the transaction. POELLATH advised GENUI on the legal and tax aspects of the acquisition.
Founded in 2000 and based in Neu-Isenburg near Frankfurt, KGS is an archiving specialist that enables its customers to migrate and archive data and documents from SAP, as well as documents from other leading applications using high-performance, lean software. Since 2020, the company has united all KGS product modules under the tia® brand to create a shared vision of the intelligent document archive.
GENUI is a company founded by renowned entrepreneurs and investment experts that believes in “good entrepreneurship”: GENUI only makes long-term commitments to companies with the aim of achieving sustainable growth and social impact.
Maxburg is an investment management company focused on the German-speaking region that primarily supports companies in partnership to drive sustainable growth. The investment company supports companies with both minority and majority shareholdings with an investment volume of EUR 10 to 100 million.
POELLATH advised GENUI on the legal and tax aspects of the acquisition with the following team:
- Dr. Tim Kaufhold (partner, lead, M&A/private equity, Munich)
- Dr. Hardy Fischer (partner, tax, Berlin)
- Daniel Wiedmann (associated partner, foreign trade law, Frankfurt)
- Christine Funk (counsel, IP/IT, Frankfurt)
- Dr. Moritz Klein (counsel, M&A/private equity, Munich)
- Dr. David Hötzel (counsel, tax, Berlin)
- Stefan Schmuck (senior associate, M&A/private equity, Munich)
- Dr. Dominik Sorber (senior associate, employment law, Munich)
- Daniel Hoppen (associate, M&A/private equity, Frankfurt)
