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YPOG advises Project A on MBO of kfzteile24

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Hamburg – YPOG advised Project A Ventures on the successful management buy-out of kfzteile24. The management of the popular digital platform for car parts and automotive accessories is taking over the company in a buy-out. Project A thus continues its support for kfzteile24. In addition, the management team was supported by SB21 as well as KOEHLER Group.

Since 2015, the company was majority-owned by the investment group EQT Partners with Project A as co-investor and digitalisation partner and has established itself over the years as the leading German online platform for automotive aftermarket parts. Through the buy-out, kfzteile24 has gained additional financial resources to further consolidate and expand its market position as the leading online provider in the German automotive aftermarket.

A YPOG team led by Stefan Witte provided comprehensive legal and tax advice to Project A in this transaction. YPOG and Project A have a long-standing client relationship; only recently, a YPOG team advised the venture capital investor on the Series A extension of the Berlin-based EdTech start-up Knowunity in the total amount of €9 million.

Team

Dr. Stefan Witte (Lead) (Transactions), Associated Partner, Hamburg
Dr. Malte Bergmann (Tax), Partner, Hamburg
Dr. Martin Schaper (Transactions), Partner, Berlin
Johannes Schmidt (Transactions), Associate, Hamburg
Lucas Schmitt (Transactions), Associate, Hamburg

About Project A Ventures

Project A is one of the leading venture capital companies in Europe with offices in Berlin, Munich, and London. In addition to $1 billion in assets under management, Project A supports its portfolio companies with a team of over 140 in-house experts in fields such as software and product development, business intelligence, brand, design, marketing, CRM, sales, venture development, or recruiting. Project A is managed by Rainer Berak, Ben Fischer, Dr. Florian Heinemann, Uwe Horstmann, Thies Sander, and Dr. Anton Waitz.

In 2020 Project A was named Germany's best VC by Business Insider magazine. Project A was founded in 2012 and since then has backed more than 60 start-ups in 12 countries. The portfolio includes companies such as Catawiki, WorldRemit, Homeday, Spryker, sennder, KRY, Trade Republic, and Voi.

 

Download Press Release

 

Contact

Benno Engelmann
T +49 172 2749 689 | E presse@ypog.law
Engelmann Advisory
engelmann-advisory.com 

 

About us

YPOG stands for You + Partners of Gamechangers. As a leading law and tax firm, YPOG supports founders, investors, companies and funds in Germany and internationally in bringing visionary ideas to life in the tech ecosystem and dynamic future markets.
YPOG advises on the structuring of venture capital and private equity funds, financing rounds and complex transactions, as well as on regulatory and tax matters relating to digital assets and financial innovation. As a strategic partner, YPOG develops practical solutions of the highest legal standard. 
The firm combines legal and tax expertise with legal tech, digital workflows and AI-based systems to provide efficient and scalable advice.
YPOG and its professionals are regularly recognised by JUVE, Chambers and Partners, The Legal 500, Best Lawyers and Leaders League. More than 380 lawyers, tax advisers, tax specialists, one notary and business professionals work for YPOG across its offices in Berlin, Cologne, Hamburg and Munich. 

Further information: www.ypog.law/en/ and www.linkedin.com/company/ypog

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