HEUKING advises CVC on the exit from DKV Mobility Group SE

Colo­gne — CVC Capi­tal Part­ners Fund VII has sold its 20% mino­rity stake in DKV Mobi­lity Group SE and termi­na­ted its five-year part­ner­ship with the owner family.
CVC was advi­sed by HEUKING on this transaction.
HEUKING also provi­ded advice on stock corpo­ra­tion law, tran­sac­tion finan­cing and regu­la­tory advice on banking super­vi­sory law and merger control aspects. 

DKV Mobi­lity is a leading B2B plat­form for on-the-road payments and solu­ti­ons, serving more than 374,000 busi­­ness-to-busi­­ness custo­mers from the truck and fleet sector in more than 50 countries.
In 2023, the company gene­ra­ted a tran­sac­tion volume of 17 billion euros and a turno­ver of 714 million euros. 

CVC is a leading global private markets mana­ger, with a focus on private equity, secon­da­ries, credit and infra­struc­ture and a global network of 30 local offices in Europe, Asia and the US with EUR 193 billion in assets under management.

Heuking part­ner Dr. Oliver von Rosenberg
(Photo © Heuking), LL.M., has been working with CVC Capi­tal Part­ners for 20 years on a large number of tran­sac­tions. These include in parti­cu­lar the invest­ment in DKV Mobi­lity Group, the acqui­si­tion of Douglas from Advent, the sale of ista Group to Char­ter­house for EUR 2.4 billion, the acqui­si­tion of a stake in Evonik Indus­tries for EUR 2.4 billion and the subse­quent IPO of Evonik with joint venture part­ner RAG-Stif­­tung, the acqui­si­tion of Ruhr­gas Industries/Elster Group for EUR 1.5 billion and the subse­quent sale in a public take­over offer and in 2023 the acqui­si­tion of BORCO Group by Stock Spirits Group, a port­fo­lio company of CVC Capi­tal Part­ners Fund VIII. 

Advi­sor CVC Capi­tal Part­ners: HEUKING

Dr. Oliver von Rosen­berg, LL.M. (lead), Dr. Alex­an­der Jüngst, Mark Ross­broich, LL.M. (all M&A/private equity), all Colo­gne. Raphael Schor­le­mer (M&A / Private Equity), Colo­gne; Dr. Frede­rik Wiemer (Anti­trust), Hamburg; Michael Neises; Dr. André Hofmann, LL.M., Dr. Chris­toph Grin­gel, Chris­tian Staps, Thalia Roth (all Banking & Finance), all Frankfurt.