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P+P advises TÜV SÜD on investment in mobilApp GmbH

TÜV SÜD Group has acquired a stake in mobilApp GmbH. The parties have agreed to keep the transaction volume confidential.

TÜV SÜD was founded in Germany in 1866 and is headquartered in Munich. The company currently employs approximately 24,000 people in over 1,000 locations. TÜV SÜD has established itself as the one of the leading technical service providers worldwide – with product testing, inspections, auditing and system certifications, as well as training sessions.

mobilApp GmbH, headquartered in Hannover, developed the first app solution for automobile dealerships that connects state-of-the-art communication techniques with the existing systems in the dealership and facilitates communications with customers.

P+P Pöllath + Partners advised TÜV SÜD Group on all legal matters with the following team:

  • Jens Hörmann (partner, lead, M&A, Munich)
  • Philipp Kopp (senior associate, M&A, Munich)
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