POELLATH advises the management of coeo Group on the sale to doValue

The European private equity firm Waterland has sold its majority stake in coeo Group (“coeo”), a leading technology-driven provider in receivables management, to the listed European credit specialist doValue. During its partnership with founder Tom Haverkamp, coeo was developed into a European market leader in receivables management. With the transaction, the company continues its European expansion strategy and further strengthens its position as a technology-driven market leader. The management team, including Sebastian Ludwig (CEO DACH) and Elias Reitter (CEO International), will remain invested in the company and will continue to drive its development as part of the doValue Group.

Dr. Barbara Koch-Schulte provided comprehensive legal and tax advice to the management of coeo Group on the transaction in connection with the exit and a reinvestment in coeo.