Scout24’s €285 million acquisition of

Willkie, Noerr, Ashurst, KNPZ and Leo Schmidt-Hollburg Witte & Frank advised on the deal

Willkie client Scout24 AG, a leading operator of digital marketplaces specializing in the real estate and automotive sectors in Germany and other selected European countries, announced its agreement to acquire all shares of FFG FINANZCHECK Finanzportale GmbH (, a German online comparison portal for consumer loans. Scout24 agreed to acquire from Acton Capital Partners, btov Partners, Highland Europe, HarbourVest Partners and’s founder and CEO, among other selling shareholders for €285 million in cash.

With more than 1200 employees, Scout24’s leading digital marketplaces ImmobilienScout24 and AutoScout24 operate in Germany and across Europe. Based in Hamburg, is one of Germany’s leading independent, tech-enabled consumer financing platforms that connects consumers with product providers across any channel.

Willkie advised Scout24 with Maximilian Schwab (Picture), Susanne Zuehlke, Christian Rolf, Miriam Wolffsky, Manuel Köchel, Ali Kilic, Matthias Strecker and Andreas Sandberger.

KNPZ advised Scout24 with Kai-Uwe Plath and Anokh Singh (IP).

Noerr advised Scout24 on financing the acquisition with a team including Andreas Naujoks, Torsten Wehrhahn and Alexander Schilling.

Ashurst advised the lenders – led by UniCredit, ABN Amro – with Anne Grewlich, Christiane Bestgen and Anna Caterina Zoth.

Leo Schmidt-Hollburg Witte & Frank advised the sellers with Hubertus Leo (M&A), Tom Frank (Employment), Hartwig Schmidt-Hollburg (IP) and Felix Sparka (M&A).

Commeo advised the sellers with Johanna Kübler (Antitrust).

Involved fees earner: Kai-Uwe Plath – KNPZ Rechtsanwälte; Johanna Kübler – Commeo LLP; Hubertus Leo – Leo Schmidt-Hollburg Witte & Frank; Felix Sparka – Leo Schmidt-Hollburg Witte & Frank; Tom Frank – Leo Schmidt-Hollburg Witte & Frank; Hartwig Schmidt-Hollburg – Leo Schmidt-Hollburg Witte & Frank; Andreas Naujoks – Noerr; Torsten Wehrhahn – Noerr; Alexander Schilling – Noerr; Maximilian Schwab – Willkie Farr & Gallagher; Susanne Zuehlke – Willkie Farr & Gallagher; Christian Rolf – Willkie Farr & Gallagher; Anne Grewlich – Ashurst; Christiane Bestgen – Ashurst;

Law Firms: KNPZ Rechtsanwälte; Commeo LLP; Leo Schmidt-Hollburg Witte & Frank; Noerr; Willkie Farr & Gallagher; Ashurst;

Clients: UniCredit Bank AG; ABN AMRO; Scout24 AG; FFG FINANZCHECK Finanzportale GmbH;