Weil Advises KKR on its Agreement to Acquire a Majority Stake in heidelpay

Weil is advising KKR on its agreement to acquire a majority stake in German fintech heidelpay from AnaCap Financial Partners. Closing of the transaction is subject to approval by the German Federal Financial Supervisory Authority and other relevant supervisory authorities as well as customary closing conditions.

Founded in 2003, heidelpay is one of the fastest growing full-service providers for electronic payment services in Europe.

The Weil team advising KKR is led by Frankfurt Corporate partner Gerhard Schmidt and includes Tax partner Tobias Geerling, Corporate partner Barbara Jagersberger and Regulatory partner Uwe Hartmann, as well as Munich Corporate associates Manuel-Peter FringerAlexander Pfefferler and Andreas Fogel; Frankfurt Corporate associates Ansgar Wimber and Florian Wessel; Munich Tax associate Benjamin Rapp; Frankfurt Employment Law associate Mareike Pfeiffer; Munich Litigation associates Svenja WachtelKonstantin Hoppe and Barbara Sandfuchs.