Schoenherr Advises FirmenABC Shareholders on Exit

Schoenherr Advises FirmenABC Shareholders on Exit

Austria
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Schoenherr, working with Germany's Zinger Strachwitz, has advised the shareholders of the FirmenABC Group on their exit to Austrian investor consortium Invest AG and Industrieliegenschaftenverwaltung AG. Wildmoser/Koch and Tracc Legal reportedly advised the buyers.

According to Schoenherr, the exit share purchase agreement was for “all shares in the FirmenABC Group in Austria and Germany. The share purchase agreement was signed on December 22, 2022, and closing is subject to approval by the Austrian Federal Competition Authority and the German Federal Cartel Office.”

According to the firm, “FirmenABC.at is operated by FirmenABC Marketing GmbH. Based in Eugendorf near Salzburg, Austria, the company was founded in 2005 by Klaus Rebernig and Manfred Gansch. As the leading referral marketing agency for small and medium-sized enterprises in the German-speaking region, FirmenABC presents and portrays reputable companies from all sectors.”

Schoenherr’s team included Partner Roman Perner, Attorney at Law Michael Marschall, and Associates Lukas Pirringer and Tobias Hayden.