Momentum advises FUNKE Mediengruppe subsidiary Passion 4 Gästezimmer on the acquisition of FeWo-Touristik GmbH, operator of the leading specialty portal hundeurlaub.de
Frankfurt am Main, 05.12.2024: The transaction law firm Momentum advised the FUNKE Mediengruppe subsidiary Passion 4 Gästezimmer on the acquisition of FeWo-Touristik GmbH, the operator of the leading specialized portal hundeurlaub.de. The advisory services included legal due diligence as well as the drafting and negotiation of the purchase agreement.
The website hundeurlaub.de is the leading platform for helping pet owners navigate the often complex search for dog-friendly accommodations. hundeurlaub.de is connected to the FUNKE subsidiary Passion 4 Gästezimmer, where FUNKE Digital consolidates all its listing portals specialized in room rentals.
Selected Comments on the Transaction:
“We are very pleased to have supported the team of FUNKE Mediengruppe once again in an exciting buy-and-build transaction,” said Momentum Partner Philipp Weber.
“With the acquisition of hundeurlaub.de, we are continuing our strategic focus on target-specific portals for accommodation providers and guests with special requests. At the same time, we are creating new synergies through the close integration of our existing offerings and technologies to further diversify our portfolio and promote sustainable growth,” stated Victoria Tschirch, Managing Director of Passion 4 Gästezimmer.
“hundeurlaub.de is also an exciting addition for us because it embodies a strong community spirit: alone on social media, the platform reaches over 785,000 members—more than any other comparable offering in the market,” said Marcel Weikert, Head of Operations at Passion 4 Gästezimmer.
“For FUNKE, this is another consistent step in our buy-and-build strategy. We are very pleased to have gained a strong partner as we understand its business and see great potential in it,” emphasized FUNKE CDO Stephan Thurm and FUNKE Digital Managing Director Alexander Rüben.
About Passion 4 Gästezimmer:
At the subsidiary Passion 4 Gästezimmer, FUNKE consolidates all target-specific advertising portals from the room rental sector. The largest portals include Monteurzimmer.de and Pension.de. All platforms connect landlords of temporary accommodations with guests who have special requirements and interests.
About Momentum:
Momentum is a law firm boutique specializing in transactions. We provide efficient, proactive, and pragmatic advice in the areas of M&A, private equity, venture capital, corporate law, and tax law. As experienced and entrepreneurial-minded lawyers, we understand our clients’ specific needs and help bring transactions to fruition. Our strong national and international network of partner firms enables us to offer comprehensive legal and tax transaction advice as a so-called “one-stop shop.”
Deal Team Momentum Attorneys and Tax Advisors:
Philipp Weber, Partner (M&A, Corporate Law, Financing)
Dr. Philipp Gold (Corporate Law, Tax Law)
Thomas Hartmann, Associate (Corporate Law, Commercial)
Contact:
Philipp Weber, Partner
Momentum Attorneys and Tax Advisors
Eschersheimer Landstr. 14
60322 Frankfurt am Main
Email: weber@momentum-partner.de
Phone: +49 (0) 171 91 00 765