P+P advises DPE on acquisition of Massenberg
DPE Deutsche Private Equity (DPE) has acquired Massenberg GmbH (Massenberg) in Essen from seven former shareholders.
Massenberg is an established company with eight locations and over 300 highly qualified employees in Germany. The company is one of the leading specialists for construction maintenance and repair in the German-speaking region. Services include concrete maintenance to corrosion protection (including cathodic corrosion protection) and also industrial painting. The company is a market leader in the restoration of parking garages and underground parking garages, tall buildings and technically challenging projects.
DPE, founded in 2007 in Munich, is an independent German private equity firm that invests in medium-sized companies in the DACH region (Germany, Austria and Switzerland). Since it was established, DPE has invested in 27 companies as majority and minority shareholders and carried out 54 follow-on investments with these portfolio companies.
P+P Pöllath + Partners advised DPE on tax matters with the following team:
- Dr. Michael Best (partner, tax, Munich)
- Gerald Herrmann (counsel, tax, Munich)
- Raphael Baumgartner (associate, tax, Munich)
P+P Pöllath + Partners advised DPE on a regular basis; just this year on investments in valantic GmbH and IT services provider BE-terna.
