Munich/ Frankfurt a. Main — The Munich and Frankfurt offices of the international law firm Weil, Gotshal & Manges LLP have advised KKR on the acquisition of a majority stake for more than €600 million in the German FinTech company heidelpay (Heidelberger Payment GmbH) from AnaCap Financial Partners. The closing of the transaction is subject to the approval of BaFin and other regulatory authorities as well as customary closing conditions. The parties have agreed not to disclose the purchase price.
Founded in 2003 and based in Heidelberg, the heidelpay Group is one of the fastest growing full-service providers of electronic payment services in Europe.
The Weil team was led in this transaction by Frankfurt-based Corporate Partner Prof. Dr. Gerhard Schmidt (photo). and comprised the partners Tobias Geerling (Tax, Munich), Dr. Barbara Jagersberger (Corporate, Munich) and Dr. Uwe Hartmann (Regulatory, Frankfurt) as well as the associates Manuel-Peter Fringer, Alexander Pfefferler, Andreas Fogel (all Corporate, Munich), Dr. Ansgar Wimber, Florian Wessel (both Corporate, Frankfurt), Benjamin Rapp (Tax, Munich), Mareike Pfeiffer (Labor Law, Frankfurt), Svenja Wachtel (Litigation, Munich), Dr. Konstantin Hoppe, Dr. Barbara Sandfuchs (both IT/IP, Munich) and Paralegal Madleen Düdder (Corporate, Munich).
About Weil, Gotshal & Manges
Weil, Gotshal & Manges is an international law firm with more than 1,100 lawyers, including approximately 300 partners. Weil is headquartered in New York and has offices in Boston, Dallas, Frankfurt, Hong Kong, Houston, London, Miami, Munich, Paris, Beijing, Princeton, Shanghai, Silicon Valley, Warsaw and Washington, D.C. www.weil.com