“With its professional and innovative legal advice, the DORDA Digital Industries Group led by Axel Anderl has been a key factor in the development and success of our pioneering digital project over the past 17 years. The team around Christian Ritschka has now built on this and handled the transaction efficiently and pragmatically. I would like to thank DORDA for their prudent support over the many years and in the intensive last few months.” Roland Schmid, founder of IMMOunited
DORDA's Digital Industries Group advised Roland Schmid on the sale of IMMOunited, the company he founded in 2007, to Scout24 SE, the operator of the Austrian platform ImmoScout24.at.
DORDA advised on all legal aspects of the transaction. The parties have agreed not to disclose the details of the transaction. The acquisition is subject to customary closing conditions including regulatory approval.
IMMOunited is an Austrian specialist for the provision of land register data and information on real estate transactions, with the aim of creating more transparency on the Austrian real estate market through a comprehensive range of products. IMMOunited has continuously expanded its position as an innovative provider of real estate market data and analysis. The Digital Industries Group, led by Axel Anderl, has provided IMMOunited with successful legal support during its expansion for 17 years.
“It was a particular pleasure for me to accompany a thoroughbred entrepreneur like Roland Schmid on the entire journey - from the development and establishment of the digital business model to the sale. This is a very good illustration of the great capabilities and holistic support that our Digital Industries Group offers.” Axel Anderl, Head of the Digital Industries Group at DORDA.
Scout24 SE is one of the leading digital companies in Germany. With its digital marketplace ImmoScout24 for residential and commercial real estate, it has been successfully bringing together homeowners, agents, tenants and buyers for more than 25 years. In order to digitize the process of real estate transactions, ImmoScout24 is continuously developing new products and building a networked, data-intensive ecosystem for rental, purchase and commercial real estate in Germany and Austria.
The DORDA team consisted of partners Christian Ritschka (M&A; transaction lead), Axel Anderl (IP/IT/Data Protection; Head of Digital Industries Group), Bernhard Rieder (Corporate Law), Heinrich Kühnert (Antitrust Law) and Nino Tlapak (Data Protection) as well as principal associates Ulrich Weinstich (M&A), Mirko Marjanovic (Antitrust Law), Florina Thenmayer (Employment Law) and associate Max Simon Lesjak (M&A).