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POELLATH advises COMPEON on takeover by Dock Financial

Munich-based fintech Dock Financial has acquired Düsseldorf-based SME financing platform Compeon, after having already invested 10% in August 2022. The three Compeon founders, Nico Peters, Kai Böringschulte and Frank Wüller, will remain on board as managers. The takeover price is confidential.

COMPEON is a product- and vendor-independent, full-service provider for SME financing in Germany. The aim of the B2B provider is to quickly offer companies, freelancers and the self-employed the best financing solution via the platform, as well as the best conditions in terms of interest rate, term, equity and collateral. In addition to credit, loans and leasing, COMPEON also arranges factoring and alternative financing such as mezzanine capital, purchase and project financing or private debt. To this end, the company works with more than 300 established banks, savings banks and alternative finance partners.

Dock Financial is an infrastructure provider for banking and payment solutions, supporting financial service providers and insurance companies in their digitalization. The company’s focus is on a recently developed "Banking as a Service" platform that allows banks, fintechs and non-financial companies to offer their own payment accounts and cards to their respective customers.

POELLATH provided comprehensive legal advice to Compeon with the following Munich team:

Monika Goede
+49 (89) 24 24 0 - 228 call