GÖRG provided comprehensive legal advice to Ufenau Capital Partners (‘Ufenau’) on the sale of all shares held by the Ufenau IV German Asset Light fund in Fair Damage Control Holding GmbH (‘FDC’). The sale took place as part of a takeover of FDC by the European claims management service provider CED Group (‘CED’). The takeover is subject to merger control clearance by the competent authorities in Germany; completion is expected in the second quarter of 2025.
FDC is a leading provider for the assessment, settlement and comprehensive processing of building and electronic damage on the German market. Under the brands faircheck Schadenservice, RepairConcepts and E.Via Schadenmanagement, the company offers comprehensive claims management services - supported by modern digital solutions.
Since Ufenau joined the company in 2015, FDC has significantly expanded its market position through both strong organic growth and four strategic acquisitions. Today, FDC employs over 750 people at eight locations in Germany and its portfolio includes numerous well-known clients from various industries. Among other things, the company relies on AI-supported valuation tools and a nationwide network of experts.
With the planned acquisition of FDC, CED, a pan-European provider of insurance services, aims to expand its presence in Europe and its core markets by including Germany - in addition to already established markets in the Netherlands, France, Belgium and Spain. CED offers a comprehensive portfolio of claims management services ranging from risk assessment and emergency assistance to claims settlement and subrogation.
The GÖRG team led by Dr Tobias Fenck, partner in private equity and M&A, advised Ufenau on all legal and tax aspects of this transaction.
The Swiss investor group Ufenau has regularly relied on the expertise of Frankfurt partner Dr Tobias Fenck and his team for transactions in the German market for many years.
Advisors Ufenau Capital Partners
GÖRG Partnerschaft von Rechtsanwälten mbB
Dr Tobias Fenck (Lead, Partner, Private Equity/M&A, Frankfurt am Main)
Markus Beyer, LL.M (Lead, Partner, Private Equity/M&A, Frankfurt am Main)
Dr Adalbert Rödding, LL.M. (Partner, Tax Law, Cologne)
Dr Michael Heise, LL.M. (Partner, IT, Berlin)
Dr Christian Bürger (Partner, Antitrust Law, Cologne)
Dr Thomas Lange (Partner, Financing, Cologne)
Dr Holger Dann, LL.M. (Counsel, Tax Law, Cologne)
Dr Karl-Georg Küsters, LL.B., LL.M. (Associated Partner, Tax Law, Cologne)
Metehan Uzunçakmak, LL.M. (Associated Partner, Antitrust Law, Cologne)
Dr Valentin Zipfel (Associated Partner, IT, Frankfurt am Main)
Nele Motzek (Senior Associate, Financing, Cologne)
Larissa Jährig (Associate, Private Equity/M&A, Frankfurt am Main)
About Ufenau Capital Partners
Ufenau Capital Partners is an independent Swiss investment group based on Lake Zurich. Ufenau focuses on majority investments in service companies in the DACH region as well as Iberia, Poland, Benelux and the UK, which are active in the areas of business services, healthcare, IT services, education & lifestyle and financial services. Since 2011, Ufenau has invested in over 420 service companies in Europe. Ufenau manages EUR 3.0 billion in assets under management.
