Momentum advises Unigestion on the acquisition of Springer Fachmedien München and the entire business for mobility education and training from Springer Nature, resulting in the formation of TecVia Group
Unigestion acquired 100% of Springer Nature’s business for mobility education and training solutions via a carve-out. The business is headquartered in Munich with Springer Fachmedien München being based there. It includes further companies in Germany, France, Spain, Austria and Switzerland. In the individual markets, the group is known through its strong brands such as Verlag Heinrich Vogel, Codes Rousseau and Etrasa. The businesses will be integrated in the newly-established TecVia Group (“TecVia”).
TecVia is the leading pan-European provider of content and software solutions for driver’s license training and the education and training of commercial drivers. With its software solutions, TecVia maps the workflows of its customers and supports them in their daily business along their entire value chain. TecVia offers its customers a complete range of services: From a fully comprehensive ERP system with various interfaces for third-party providers to teaching software for all driver’s license classes and all content for the training and continuing education of commercial drivers to digital student learning media enabling the learner drivers prepare for the theoretical and practical driver’s license test. TecVia is also active in the growing market for driving simulators with its own software and specific hardware concepts. Simulators enable learner drivers to gain early practical knowledge in a safe environment before their first driving lesson on the road, significantly increasing the efficiency of practical driving training. TecVia distinguishes itself with its long-standing, close customer relationships and its comprehensive range of solutions tailored to the needs of driving schools. The company is uniquely positioned as the only full-service partner for driving schools. In 2022, more than 20,000 driving school customers were supported by around 400 employees in five countries – Germany, France, Spain, Austria, and Switzerland, where approximately 1.6m driving students have prepared for the theoretical and practical driving license test with TecVia content and tools. In addition to its organic growth ambitions (e.g. in the area of simulators), TecVia’s management team sees potential in strategic acquisitions and is selectively reviewing further acquisition opportunities. As a financially and strategically powerful partner, Unigestion supports the international growth of the new TecVia-group.
The acquisition is Unigestion’s third active direct investment in the German-speaking region in the last 18 months. As with all Unigestion investments, ESG considerations have been systematically integrated into the investment process to ensure that the investment creates long-term sustainable value for clients, stakeholders, and society.
Momentum advised on the transaction as lead advisor together with a team of (international) law firms:
Germany
Momentum
Dr. Matthias Heilmeier (Partner, M&A/Corporate)
Dr. Philipp Gold (Partner, M&A/Tax)
Dr. Daniel Wied, M. Jur. (Oxon) (Partner, M&A/Corporate)
Peter Bellendorf (Senior Associate, Real Estate/Commercial)
Tobias Lämmle (Senior Associate, M&A/Corporate)
Sarah Kaspar (Associate, M&A/Corporate)
Boesling IP
Inga George (Partner, IP/IT)
Pusch Wahlig Workplace Law
Dr. Tobias Brors (Partner, Labour Law)
Dr. Sebastian Krumnack (Managing Associate, Labour Law)
Karsten Keller (Managing Associate, Labour Law/Company Pensions)
Luther
Dr. Christoph Schauenburg (Partner, Finance)
Volkan Top (Senior Associate, Finance)
K&L Gates
Dr. Annette Mutschler-Siebert, M. Jur. (Oxon) (Partner, Anti-Trust)
Marion Baumann (Counsel, Anti-Trust)
Alexander Rospert (Associate, Anti-Trust)
Kantenwein Zimmermann Spatscheck & Partner
Dr. Stefan Hackl (Partner, Commercial/Distribution)
Florian Zindler (Associate, Commercial/Distribution)
Shamsi Arbab-Zadeh, LL.M. (Associate, Commercial/Distribution)
France
LPA-CGR Avocats
Michael Samol (Partner, M&A/Corporate)
Sandra Hundsdörfer (Partner, Labour Law)
Silke Nadolni (Partner, Real Estate)
Prudence Cadio (Partner, IP)
François Metz (Counsel, Real Estate)
Aude Dumas (Associate, Labour Law)
Maxime Labonne (Associate, M&A/Corporate)
Clémence Cartade (Associate, M&A/Corporate)
Austria
Schindler Attorneys
Katharina Schindler (Partner, M&A/Corporate)
Manuel Gerber (Senior Associate, M&A/Corporate)
Switzerland
WalderWyss
Florian Gunz Niedermann (Partner, M&A/Corporate)
Fabienne Anner (Managing Associate, M&A/Corporate)
Spain
Cuatrecasas
Dr. Kai Christian Fischer (Partner, M&A/Corporate)
Xavier Morera Balcells (Senior Associate, M&A/Corporate)
Advice to Springer Nature:
Inhouse-Team
Karoline Haufler (Vice President Corporate Legal & Group Company Secretary)
Ulrike Pfeiffer (Legal Counsel Corporate Legal & Group Company Secretary)
Freshfields
Lars Meyer (Partner, M&A/Corporate)
Dr. Frank Schaer (Partner, Labour Law)
Xiaoguang Cai (Counsel, M&A/Corporate)
Alexander Pospisil (Counsel, Finance)
Dr. Christoph Becherer, LL.M. (Principal Associate, M&A/Corporate)
Tom Hingley (Principal Associate, IP)
Dr. Alexander Schramm, LL.M. (Associate, M&A/Corporate)
Dr. Agnieszka Chambellan (Associate, M&A/Corporate)
Benedikt Schwarz (Associate, Finance)
Marius Stein (Associate, IP)
KleinWenner
Jens Förderer (Partner, M&A/Corporate)
Uwe Augustin (Partner, Labour Law)
Notaries
Dr. Simon Weiler, Munich
Dr. Christoph Robitzsch, Berlin
Momentum is a boutique law firm specializing in transactions and advising in the areas of M&A, Private Equity, Venture Capital, Corporate law, and Tax law – entrepreneurial, efficient, with experience and highest quality standards.
