P+P advised Brockhaus Private Equity on the acquisition of a stake in Peakwork AG
The investment was made through the Brockhaus Private Equity III fund in the context of the acquisition of shares and a capital increase. The existing shareholders will continue to hold a majority interest in the company.
Peakwork is the leading software provider for the tourism industry. By means of the Player Hub technology®, travel offers can be marketed online and made available to the end user through the real time channels of Peakwork partners such as Google, Kayak, Tripadvisor or Facebook. Peakwork AG, founded in 2009, is already active in 29 international markets and employs more than 200 people at six locations in Germany, the UK, the US and Singapore. In November 2016, the TUI Group acquired a 15% stake in the company.
Brockhaus Private Equity was founded in 2000 in Frankfurt am Main. As an independent growth investor for buyouts and expansion financing, Brockhaus Private Equity focuses on innovation and technology market leaders in the German-speaking market.
P+P Pöllath + Partners advised Brockhaus Private Equity with the following Munich-based team:
- Philipp von Braunschweig (lead partner, PE/M&A)
- Tobias Jäger (counsel, PE/M&A)
- Dr. Sebastian Rosentritt (associate, PE/M&A)
P+P previously advised on the structuring of Brockhaus Private Equity Fund III and regularly advises the investor on transactions, such as the acquisition of the majority stake in J&S GmbH Automotive Technology in Berlin.
