DRS Investment acquires stake in ASCORA

Esch­born — DRS Invest­ment acqui­res stake in ASCORA GmbH. Rödl & Part­ner compre­hen­si­vely advi­sed the mana­ging part­ner of the soft­ware specia­list Ascora GmbH, Dr. Sven Abels, on the sale of his company shares to the private invest­ment company DRS Invest­ment GmbH. The parties have agreed not to disc­lose the purchase price.

Ascora GmbH, based in Gander­ke­see (Lower Saxony), was foun­ded in 1994 and is a medium-sized, owner-mana­­ged soft­ware house. The company deve­lops consu­mer soft­ware for Windows and Mac as well as smart­phone apps and parti­ci­pa­tes in various rese­arch and deve­lo­p­ment projects in Germany and Europe. Ascora has deve­lo­ped into an estab­lished part­ner around the digi­ta­liza­tion of busi­ness proces­ses and today employs over 30 soft­ware deve­lo­pers. With over 12 million users, Ascora GmbH is one of the largest provi­ders of consu­mer soft­ware solu­ti­ons in Germany. Ascora has recei­ved the Deloitte Tech­no­logy Fast 50 Award and the 2018 Growth Cham­pion award from Focus and Statista, among others. Ascora GmbH was also included in the list of “Top Employ­ers for Medium-Sized Busi­nesses 2018” by Focus Business.

DRS Invest­ment GmbH is a private invest­ment company for medium-sized compa­nies and is based in Munich. The invest­ment focus is on stable and estab­lished busi­ness models, niche play­ers and soft­ware and tech­no­logy compa­nies. Mana­ging Part­ner Dr. Andreas Spie­gel (photo) brings more than 15 years of expe­ri­ence as an entre­pre­neur and inves­tor in medium-sized companies.

Advi­sor to Ascora GmbH: Rödl & Part­ner Esch­born — Corpo­rate Finance
HenningKürbis, Asso­ciate Part­ner (Lead, Corpo­rate Finance and M&A)
Hendrik Blumen­stock, Senior Consul­tant (Corpo­rate Finance and M&A)

Rödl & Part­ner Nurem­berg — Legal advice:
Michael Wiehl, Part­ner, Attor­­ney-at-Law, Tax Law Specia­list (Lead, Legal M&A), Sebas­tian Dittrich, Asso­ciate (M&A and Corpo­rate Law)

Rödl & Part­ner Munich
Björn Stübi­ger, Part­ner (Head of Corpo­rate Finance and M&A)

About Rödl & Partner
Rödl & Part­ner — The agile caret­a­ker for medium-sized global market leaders. As lawy­ers, tax advi­sors, busi­ness and IT consul­tants and audi­tors, we are repre­sen­ted at 108 of our own loca­ti­ons in 50 count­ries. Our clients trust our 4,500 colle­agues worldwide.