The funds advised by PREMIUM Equity Partners acquire heinekingmedia together with KEMPEN Private Markets Fund, Amsterdam, as part of a succession solution for the previous founders and the MADSACK Media Group. The parties have agreed not to disclose the purchase price. — With a team led by Hamburg partner Dr. Stefan Duhnkrack, Heuking Kühn Lüer Wojtek provided legal advice to funds advised by PREMIUM Equity Partners GmbH on the purchase of heinekingmedia GmbH.
heinekingmedia GmbH is a fast-growing hidden champion in the field of digitization of educational institutions and schools, both classrooms and pedagogy as well as administration. The product portfolio includes collaborative hardware and software solutions (UCC / Unified Communications and Collaboration) that digitally optimize the flow of information and communication between educational institutions, schools, students, teachers and parents. More than 10,500 schools in Germany use the products and services of the market leader. Over 1.5 million users use its GDPR-compliant mobile apps, messaging apps, and collaborative software solutions. They are suitable for both classroom and distance learning, as well as for collaborative use in virtual meeting rooms.
By supporting PREMIUM, heinekingmedia will make a significant contribution to the digitization of schools and educational institutions and accelerate initiatives such as those of the German federal government under the DigitalPakt Schule to improve the digital education infrastructure. In addition, PREMIUM will enable growth to expand and globalize the product portfolio, particularly in software and content solutions.
The founders of heinekingmedia will move to the new company advisory board. As the new CEO, Markus Doetsch — supported by Annette Ohlich — will strengthen the management of heinekingmedia. Both have already successfully managed growth companies in the digitalization sector in the past.
PREMIUM Equity Partners is an investment company founded in 2011 with a focus on strong niche companies in the DACH region with revenues between EUR 10 million and EUR 50 million. PREMIUM invests capital in the context of growth financing, succession solutions and spin-offs. For each investment, PREMIUM combines its many years of transaction and financing experience with the industry know-how of its industrial partners. heinekingmedia is PREMIUM’s eighth transaction. The investment of PREMIUM Mittelstand Fund II GmbH & Co KG benefits from the financial support of the European Union under the European Fund for Strategic Investments (“EFSI”).
Advisor PREMIUM Fund: Heuking Kühn Lüer Wojtek
Dr. Stefan Duhnkrack (Lead Partner, M&A)
Tim Petermann (Head of Due Diligence)
Dr. Hans Markus Wulf (IT)
Dr. Søren Pietzcker, LL.M. (IP)
Dr. Hans Henning Hoff (Commercial)
Dr. Carlo Schmidt (Labor Law)
Dr. Matthias Kühn, LL.M. (Procurement Law)
Beliardis Ehlert-Gasde (due diligence), all Hamburg
Dr. Katharina Prasuhn, (Due Diligence), Munich
Thomas K. W. Schrell. LL.M. (funding)
Anja Harms (Financing), both Frankfurt am Main