Digital Experiences Group GmbH (“DEG”), in which Harald Quandt Industriebeteiligungen GmbH (“HQIB”) holds a majority stake, has acquired a majority stake in SMAL GmbH (“SMAL”).
SMAL is an international full-service design and development agency with offices in Munich, Amsterdam and San José. Since 2011, SMAL has been developing outstanding brands, products and services in the physical and digital space.
SMAL represents an important strategic extension for DEG due to its complementary services. SMAL and Ergosign will remain independent companies with their respective brands within DEG and will work together strategically and operationally in the joint group of companies in the future.
The founders of SMAL will remain with the company both as co-partners and in their operational roles. The parties have agreed not to disclose further details of the transaction.
HQIB is an investment company of the Harald Quandt family and a small number of selected (industrial) families and partners. HQIB invests in small and medium-sized companies in German-speaking countries that are active in established, future-oriented and technically demanding sectors with attractive growth potential.
act legal – with more than 350 professionals throughout Central Europe – offers act legal sophisticated national and international legal advice – the attractive alternative to large international law firms.
act legal Germany regularly and comprehensively advises HQIB on their transactions.
Advisors to HQIB:
act legal Germany: Dr. Fabian Brocke, LL.M. (Corporate/M&A), Dr. Nina Honstetter (Corporate, Labour Law); Marcus Columbu (Finance); Dr. Fabian Laugwitz MBA, LL.M. Eur. (Real Estate)
Ebner Stolz: Alexander Euchner; Wolfgang Klövekorn; Franz Günther (all Tax)