Baker Tilly advises GBC Group on acquisition of full-service IT provider
- 03/02/2023
- Reading time 2 Minutes
Baker Tilly continues its excellent cooperation with GBC Group and has again advised the IT service provider on its merger with Bremen-based Comp-Pro Group in connection with tax and business management issues.
The Munich Baker Tilly Transaction Team has already advised GBC on two previous and successful mergers with MAXXYS AG and Pohl Consulting Team GmbH. In the current project, Baker Tilly’s advice focused on financial and tax due diligence as well as tax support in connection with the Share Purchase Agreement’s (SPA) wording. The team consisted of Partner Uwe Roth, Tax Advisor, Director Stefan Lehner, Tax Advisor, (both Tax) as well as Frank Stahl, German CPA/Tax Advisor, Sebastian Hafner, CFA, both Partners, and Consultant Luis Strobl (all Financial).
Through its merger with Comp-Pro Group, which is well-known in the area of DATEV and cloud telephone services, GBC Group is enhancing its organization by strategic business areas and four locations in North Germany. In addition to the aforementioned areas, Comp-Pro’s service portfolio also includes classic service areas such as cloud and on-premise infrastructures as well as IT security, managed services and IT security technology.
Through the merger of innovative and technologically oriented companies, GBC Group positions itself for the digitalization in the SME sector. With its now 7 locations and more than 150 employees, it places itself primarily in the areas of cloud & infrastructure, modern work, managed services, security, data protection & compliance.