Schoenherr has advised BK Invest GmbH on its acquisition of atms Telefon- und Marketing Services GmbH, which also includes sms.at mobile internet services GmbH, from German company dtms GmbH. The financial terms of the transaction were not disclosed.
Schoenherr describes atms as "one of the most successful medium-sized telecommunication companies in Austria, with 42 employees in Vienna and Graz serving more than 4,500 national and international customers," and says that "as the leading Austrian provider, atms designs, develops and implements network-based customer dialogue solutions in the voice, mobile and internet sectors." In addition, Schoenherr reports, "sms.at offers mobile messaging services (including WhatsApp, push- and voice messages) to more than 3,500 small and medium-sized companies in the German-speaking area."
"We were excited to support BK Invest, a joint venture formed by Austrian entrepreneurs Christian Bamberger and Stefan Kalteis, on this strategic acquisition," said Schoenherr Corporate/M&A Partner and project lead Markus Piuk.
Piuk was supported by Partner Thomas Kulnigg, Counsel Michael Woller, Attorneys at Law Manuel Ritt-Huemer, Constantin Benes, Veronika Wolfbauer, and Mario Perl, and Associates Christopher Junger, Teresa Waidmann, and Lukas Solek.
Editor's Note: After this article was published Fellner Wratzfeld & Partner announced that it had advised dtms GmbH on the deal, which closed on September 15, 2017.