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Nexia Ebner Stolz

The Firm

Ebner Stolz advised on the acquisition of a majority interest in Thalia by a consortium led by the Herder publishing family from Advent International

Ebner Stolz advi­sed on the acqui­si­tion of a majo­rity inte­rest in Tha­lia by A con­sor­tium led by the Her­der pub­lis­hing family from Advent Inter­na­tio­nal

  • The Her­der family, the Kreke family, the digi­tal ent­re­p­re­neur Leif Göritz and the CEO Michael Busch have acqui­red Tha­lia, the mar­ket lea­der in the retail book mar­ket
  • Ebner Stolz advi­sed the purcha­sers on finan­cial and tax mat­ters as well as on purchase price deter­mi­na­tion and during SPA nego­tia­ti­ons

Ham­burg, 14 July 2016 – The MDP firm Ebner Stolz has pro­vi­ded assi­s­tance in connec­tion with the acqui­si­tion of all sha­res in the Tha­lia retail book­sel­ling group by a con­sor­tium led by the Her­der family, which has a long tra­di­tion in pub­lis­hing, from a joint hol­ding com­pany of Advent Inter­na­tio­nal and the Kreke family.
 
Ebner Stolz advi­sed the purcha­sers on finan­cial and tax due dili­gence, tax struc­tu­ring as well as during SPA nego­tia­ti­ons and on purchase price deter­mi­na­tion.
 
Tha­lia is the mar­ket lea­der in Ger­man-spea­king coun­tries with more than 280 books­to­res in Ger­many, Aus­tria and Swit­zer­land. The com­pany is a cross-chan­nel retai­ler, offe­ring expert advice to its valuable custo­mers in the “real” and “vir­tual” world of books both in tra­di­tio­nal books­to­res and in its online shop. In March 2013, Tha­lia laun­ched the tolino brand toge­ther with part­ners in the book shop­ping seg­ment and Deut­sche Tele­kom as tech­no­logy part­ner. Since then, it has brought to mar­ket six e-rea­ders. With more than one mil­lion e-books, the part­ners offer one of the lar­gest Ger­man-lan­guage e-book assort­ments. Tha­lia was foun­ded in 1919 in Ham­burg in the buil­ding that hou­ses the Tha­lia Theatre.
 
The Ebner Stolz team: Mar­kus Sch­mal (head of finan­cial due dili­gence, purchase price deter­mi­na­tion, SPA advice), Dr. Mar­kus Emm­rich (head of tax due dili­gence and tax struc­tu­ring, SPA advice) and Dr. Hol­ger Mach (tax due dili­gence and tax struc­tu­ring).
 
Par­ties to the con­tract: Ran­jan Sen (Mana­ging Part­ner of Advent Inter­na­tio­nal) was in charge for the sel­lers, while Manuel Her­der (pub­lis­her), Leif Göritz (media ent­re­p­re­neur) and Dr. Hen­ning Kreke (rep­re­sen­ta­tive of the Kreke family) were res­pon­si­ble for the buy­ers.

Con­tact

Mar­kus Sch­mal
Lud­wig-Erhard-Straße 1
20459 Ham­burg
phone +49 40 37097-175
mar­kus.sch­mal@eb­ner­stolz.de

About Ebner Stolz
Ebner Stolz is one of the lar­gest inde­pen­dent mid-sized MDP firms in Ger­many and is among the Top Ten in the sec­tor. The firm has deca­des of in-depth expe­ri­ence in audi­ting, tax advice, legal advice, and cor­po­rate con­sul­ting. More than 1,200 emp­loyees in all major Ger­man cities and busi­ness cen­t­res offer a broad range of ser­vices based on a multi-dis­ci­p­li­nary approach. With around 100 emp­loyees, Ebner Stolz Cor­po­rate Finance ser­vice line is a key area of Ebner Stolz ser­vice port­fo­lio, which is cha­rac­te­ri­zed by a mar­ket lea­ding posi­tion in the seg­ment for SME tran­sac­ti­ons. In addi­tion to mid-cap cli­ents, Ebner Stolz advi­ses also nume­rous pri­vate equity firms and family offices on both domestic and cross-bor­der tran­sac­ti­ons. Cross-bor­der audi­ting and con­sul­ting assign­ments are car­ried out with part­ners of Nexia Inter­na­tio­nal, one of the world’s lea­ding net­works of inde­pen­dent con­sul­ting and audi­ting firms. Nexia has more than 560 offices in 120 coun­tries.

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