The private equity firm BlackFin Capital Partners acquires DWS Group's digital investment platform IKS. DWS will hold 30% in the new venture.
DWS and BlackFin have also agreed on a long-term strategic partnership to further develop the digital investment platform.
The transaction is subject to approval by the antitrust and regulatory authorities.
Hengeler Mueller advises BlackFin Capital Partners SAS on the transaction. The team is led by partners Dirk Bliesener (Financial Regulatory/M&A, Frankfurt) and Jens Wenzel (M&A, Berlin) and includes partners Alf-Henrik Bischke (Antitrust, Düsseldorf), Markus Ernst (Tax, Munich), Christian Hoefs (Employment, Frankfurt) and Oliver Rieckers (Corporate, Düsseldorf), counsel Fabian Seip (Regulatory/IP/IT, Berlin), Jan L. Steffen (Financial Regulatory, Frankfurt) and Marvin Vesper-Gräske (M&A, Berlin) as well as associates Nicolas Kutscher, Ingo Berner, Clemens Höhn (all M&A, Berlin), Christian Dankerl (Antitrust, Düsseldorf), Selina Rohr (Employment, Frankfurt), Tobias Schwab (Tax, Munich) and Gerrit Tönningsen (Financial Regulatory, Frankfurt).