Taylor Wessing advises Scira on the sale of the K&M Group to Oakley Capital

The international law firm Taylor Wessing has advised Scira Unternehmensberatungs GmbH on the sale of the leading, independent Managing General Agent (MGA) in Germany Konzept & Marketing (“K&M”) and the insurance broker versifair, which together form the K&M Group, to the pan-European private equity investor Oakley Capital. A team led by Hamburg-based M&A expert Dr. Jens Wolf provided legal advice to the seller on the transaction.

Oakley Capital is investing together with co-investors Joachim Müller, former CEO of Allianz Commercial, and the existing management team of K&M.

Founded in 2001 and based in Hanover, K&M operates as an underwriting agent in Germany for private non-life insurance products (property, accident, liability), a growing market that is currently worth €28 billion. K&M develops, markets and administers tailored insurance products on behalf of insurance companies.

Legal advisors Scira

Taylor Wessing Germany: Dr. Jens Wolf (lead, Partner, Hamburg), Philipp Hoegl (Salary Partner, Hamburg), Marcel Leines (Salary Partner, Düsseldorf), Lukas Beermann (Associate, Düsseldorf) all M&A/Venture Capital, Prof. Dr. Jens Escher (Partner, Düsseldorf), Rudi Hasenberg (Partner, Frankfurt/M.), Dr. Philipp Weiten (Salary Partner, Düsseldorf ), Markus Piontek (Senior Associate, Düsseldorf) all Tax, Dr. Gregor Schmid (Partner, Berlin), Caroline Bunz (Associate, Berlin) both IP/IT, Dr. Stefan Horn (Salary Partner, Hamburg) Competition/Antitrust, Dr. Martin Knaup (Partner, Hamburg), Wilhelm Freiherr von Feilitzsch (Salary Partner, Hamburg) both Compliance, Jonas Warnken (Partner, Hamburg), Employment.