Corporate Law | Transactions / M&A | Tax Law | Corporate and Group Tax Law

Flick Gocke Schaumburg advises Hotsplots on sale of Wifirst

31.01.2024 | Deals done

Flick Gocke Schaumburg advises Hotsplots on sale of Wifirst

Flick Gocke Schaumburg has advised the shareholders of Berlin-based technology provider Hotsplots GmbH on the sale of Hotsplots to the French Wifirst Group. Wifirst has been part of CAPZA, an alternative asset manager founded in 2004, since March 2022.

Advisors to the shareholders of Hotsplots GmbH: Flick Gocke Schaumburg

Dr. Irka Zöllter-Petzoldt (corporate law/M&A), Christian Pitzal (tax); associate: Barbara Jursch (corporate law/M&A

Hotsplots GmbH, founded in 2004 by Dr. Ulrich Meier and Dr. Jörg Ontrup, provides WiFi solutions. It currently has over 17,500 active hotspot locations in Europe, including stationary hotspots in towns and cities, local and long-distance public transport, retail, hospitality, and more.

B2B telecommunications provider Wifirst, headquartered in Paris, was founded in 2002 and specializes in managed WiFi infrastructures. Its team of more than 300 employees is active in 30 countries. The company has offices in London, Barcelona, Milan and Berlin. <<<