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.