HEUKING advises Funnel AB on the acquisition of AdTriba
Stockholm/Hamburg — The Swedish software company Funnel AB has acquired the German AdTriba GmbH, a provider of marketing attribution solutions.
A team led by Hamburg HEUKING partner Dr. Jörg Schewe advised Funnel AB comprehensively on all legal and tax aspects of the transaction.
The takeover is a further development of the cooperation between the two companies, which has already existed for several years.
The acquisition of AdTriba strengthens Funnel’s position as a leading provider of marketing intelligence software in Europe.
Funnel provides a platform that makes it possible to collect, harmonize and visualize data from various marketing sources.
AdTriba offers a solution to measure and optimize the contribution of each marketing channel to business success.
By integrating AdTriba into the Funnel platform, Funnel’s customers can now also analyze and improve the effectiveness of their marketing campaigns across different channels.
Funnel AB is an international software company headquartered in Stockholm that has specialized in providing clear dashboards to help companies collect, report and export information since its foundation in 2014.
With more than 2,000 customers in over 60 countries, including well-known brands such as Adidas, Sony, Uber, Trivago and Home Depot, Funnel AB employs around 350 people at locations in Stockholm, Dublin, London and Boston.
Funnel AB has so far received more than 100 million US dollars in financing from several well-known investors over several financing rounds.
AdTriba GmbH is a German software company based in Hamburg that was founded in 2015.
With around 20 employees, it offers a marketing attribution solution that makes it possible to measure and optimize the influence of each individual marketing channel on the customer journey and to determine the ROI of campaigns.
AdTriba GmbH has more than 30 clients in Germany, Austria and Switzerland, including well-known brands such as Flixbus, Deuba, Axel Springer Verlag, Douglas, Freenow and Montblanc.
Advisors Funnel AB / Funnel Holding AB: HEUKING Dr. Jörg Schewe (lead, M&A/Corporate), Dr. Henrik Lay (Tax), both Hamburg, Dr. Lutz Keppeler (IT/GDPR), Cologne, Caroline Frohnwieser (M&A/Corporate), Simon Pommer, LL.M. (Tax), Dr. Julia Fiedler, LL.B., Theresa Arndt, LL.M. (both Labor Law, Employment), Larissa Krebs (Corporate, Finance), all Hamburg, Dr. Ruben Schneider (IT/GDPR), Cologne
Further advisors Funnel AB / Funnel Holding: Advokatfirman Vinge KB (Stockholm) Matthias Pannier, Johan Winnerblad Filip Magnusson, Adrian Filipovic