Taylor Wessing advises Volaris Group on the acquisition of socoto GmbH & Co. KG

Led by Hamburg-based partner Dr Jan Riebeling, Taylor Wessing provided comprehensive legal advice to the internationally tech investor Volaris Group on its acquisition of socoto GmbH & Co. KG, a leading provider of marketing software solutions. Volaris focuses on fostering the development of specialised and innovative software companies in vertical markets. With this acquisition, Volaris is further expanding its German portfolio.  

About the Volaris Group

As an operating group of Constellation Software Inc., Volaris focuses on strengthening companies in their respective markets and enabling their growth – whether through organic measures such as new initiatives and product development, optimisation of operational business, or through complementary acquisitions. 

About socoto

socoto is a specialist software and services provider based in Trier, Germany. For many years, the company has been developing and implementing software solutions for the management of marketing materials and campaigns for decentralised organisations. Its customers include numerous national and international car manufacturers as well as other retail chains, such as DIY stores and pharmacies. By joining the Volaris Group, socoto secures access to comprehensive best-practice expertise in corporate development and sets the course for growth and the expansion of its innovative technology stack through artificial intelligence. 

Legal advisers to Volaris

Taylor Wessing Germany: Dr Jan Riebeling (lead), Michael Zbonikowski (both Corporate/M&A, Hamburg); Dr Carsten Schulz (Projects & Infrastructure, Hamburg); Dr Marco Hartmann-Rüppel (Regulatory, Hamburg)

On the Volaris Group side, the transaction was handled in-house by Axel A. Heltzel, Portfolio Head of Legal.