Flick Gocke Schaumburg advises IK Partners on sale of MDT technologies to BU Bregal Unternehmerkapital

Flick Gocke Schaumburg has provided tax advice to IK Partners and the other shareholders on the sale of their shares in MDT technologies GmbH to a fund advised by BU Bregal Unternehmerkapital AG.

The IK VIII Fund has signed an agreement to sell MDT technologies, a leading European building automation platform. The parties have agreed not to disclose the financial details of the transaction; completion is subject to the usual regulatory approvals.

Advisors to IK Partners and shareholders: Flick Gocke Schaumburg

Prof. Vassil Tcherveniachki (lead); associates: Dr. Sina Willkomm, Jonathan Zeller (all tax)

The advisory services included providing tax support for the transaction.

IK Partners is a leading European private equity firm with over 30 years’ experience, supporting small to medium-sized companies in their development.

Founded in 1984 and based in Engelskirchen, MDT technologies GmbH is a leading manufacturer of smart components for building automation systems based on the KNX standard. The product range includes wired and wireless KNX components, high-quality designer sensors, and cloud-based management solutions for the automation and control of functions such as heating, ventilation and lighting in residential and commercial properties.

BU is an investment company with offices in Zug, Munich, Amsterdam, Milan and London. Funds advised by BU target investments in medium-sized companies across this region and neighboring markets. <<<