PwC Legal advises consortium on acquisition of Planet Sports

Mai 29, 2020

Düsseldorf, 29 May 2020

PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal) has provided comprehensive legal advice to a consortium led by Invision Capital Partners V Ltd. and the experienced founders of TonerPartner.com on the acquisition of the PlanetSports Group. PwC Legal led the negotiations of the asset purchase agreement and supported the corporate restart of the Planet Sports Group.

Planet Sports, based in Munich, has been synonymous for the past 25 years with board-sports, associated-streetwear and adventure. From now on, the business is returning to its roots, board-sports and e-commerce. Planet Sports will benefit from the significant joint expertise of its new shareholders in successfully developing a profitable and rapidly growing e-commerce business.

Invision is a leading European investor, focused on mid-market companies based in the German speaking regions. Since 1997 Invision invested in over 50 companies, supporting growth with capital and value creation initiatives. Invision partners with entrepreneurs, managers and family shareholders.

The TonerPartner Group is headquartered in Hattingen and has over 130 employees. Its leading European web-shop specializes in selling printing consumables to SME customers. In 2016 Invision acquired a majority stake in TonerPartner.com.

Advisors Invision and founders of TonerPartner.com:

PwC Legal:

Lars Benger (Lead), Dr. Johannes Auf dem Kampe, Rebecca Lappeßen (M&A/Private Equity, Düsseldorf), Hubertus Kleene, Johanna Battmer (Antitrust law and foreign trade law, Düsseldorf und Hannover), Martin Vollmann (Insolvency employment law, Berlin), Sebastian Harder (Insolvency law, Cologne), Dr. Jan-Peter Ohrtmann und Dr. Alexander Golland (Data protection law, Düsseldorf)

 

For further information please contact:

Martin Krause
PwC Communications
Tel.: +49 211 981-1657
E-Mail schreiben


About PwC Legal:

In today’s rapidly evolving marketplace, our clients are increasingly concerned with business collaborations, restructuring, mergers and acquisitions, financing and questions of social responsibility. They need legal security when dealing with such complex issues. That is why we work closely with PwC’s tax, human resources and finance experts and draw on the resources of our legal network in more than 100 countries to deliver comprehensive advice. Whether a global player, a public body or a wealthy individual, each client can rely on a personal account manager to address his or her specific legal needs. This dedication helps us ensure our clients’ long-term business success.

PwC Legal. More than 250 lawyers at 18 locations. Integrated legal advice for the real world.

Contributors

Dr. Johannes  Auf dem Kampe

Corporate/M&A

Tel: +49 211 981-5511

Martin  Vollmann

Employment and immigration law

Tel: +49 30 2636-5629

Sebastian Harder

Corporate/M&A

Tel: +49 221 2084-100

Dr. Jan-Peter Ohrtmann

IP, IT, Commercial

Tel: +49 211 981-2572

Dr. Alexander  Golland

IP, IT, Commercial

Tel: +49 211 981-2007