Family Business | Labor and Social Security Law | Transactions / M&A

Flick Gocke Schaumburg advises GBU on the acquisition of eck*cellent IT

17.03.2021 | Deals done

Flick Gocke Schaumburg has advised GBU Gesellschaft für Beteiligungen an mittelständischen Unternehmen mbH on the acquisition of 100 percent of the shares in eck*cellent IT GmbH, Braunschweig. GBU mbH is the investment company of a single family office in north-western Germany. eck*cellent IT GmbH develops individual software solutions focusing on Java. It has a strong client base in the automotive sector. Company founder Hildegard Eckhardt indirectly held all of the shares in the company until the sale.
Flick Gocke Schaumburg performed the legal, tax, and financial due diligence for the family office and provided comprehensive advice on the share purchase agreement.

Advisors to GBU mbH: Flick Gocke Schaumburg (Bonn)
Partners: Dr. Jens Eggenberger (M&A), Dr. Daniel Dreßler (taxes and finances) and Dr. Tobias Nießen (labor and employment law)

GBU mbH acquires, holds and manages shares in midsized enterprises in various industries. The family office of shareholders of the Big Dutchman Group takes a long-term investment approach, aiming to sustainably support and promote the companies in which it invests.

eck*cellent IT GmbH develops and programs individual software solutions for its clients from the automotive industry, research sector, agriculture, and other industries. The company has grown steadily since its foundation in 1998. It currently employs over 100 project managers, process consultants, software architects, and software developers at its offices in Braunschweig and Dortmund.