Insolvency administrators jointly sell Vistafon Group

Insolvency administrators Dr. Alexander Fridgen (Baker Tilly) and Hans-Wilhelm Goetsch (BGP Insolvency Administrators) are jointly selling the Vistafon Group out of insolvency: As part of an asset deal, MVC Mobile VideoCommunication GmbH (“MVC”) is acquiring both Munich-based Vistafon GmbH and Mainz-based Vistafon Consulting GmbH. Key customer relationships and the majority of jobs have been retained. 

Companies wanted to merge – delays led to insolvency 

Prior to the initiation of insolvency proceedings, there were plans to merge the Vistafon companies, expand the shareholder base, and strengthen liquidity, following years of extensive cooperation between the companies. However, as the implementation of the merger was delayed, insolvency proceedings had to be initiated for both companies. 

Attorney-at-law and Baker Tilly partner Dr. Alexander Fridgen (for Vistafon GmbH) and attorney-at-law Hans-Wilhelm Goetsch (for Vistafon Consulting GmbH) were appointed as provisional insolvency administrators. 

Successful distressed transaction: Transferring restructuring of both businesses 

Since the commencement of insolvency proceedings, Dr. Fridgen and Goetsch have worked closely together to preserve restructuring opportunities for both companies. Both insolvency administrators jointly commissioned an M&A team led by Dr. Andreas Fröhlich, Partner and Head of Corporate Finance at Baker Tilly, to sell the two businesses. 

With MVC, a joint buyer was finally found for both companies. Immediately after the formal opening of insolvency proceedings, which took place for both companies on October 31, 2025, both businesses were transferred to the buyer. 

"Thanks to the excellent and close cooperation between both insolvency administrators and the M&A team, we have achieved a very good solution: since the individual businesses could hardly be sold in isolation due to their close interdependence, this joint asset deal is the best possible realization of the company's assets. The transaction also creates real added value for the new investors – they can now integrate the Vistafon companies into their group using the restructuring instruments available under insolvency law," says Dr. Alexander Fridgen. 

The interdisciplinary and cross-firm collaboration team: 

• Insolvency administrator for Vistafon GmbH: Dr. Alexander Fridgen (Baker Tilly Partner, Munich) 
• Baker Tilly insolvency law and restructuring: Dr. Dejan Marković, LL.M. Eur. (Baker Tilly Director) 
• Baker Tilly M&A consulting: Dr. Andreas Fröhlich (Partner); Paul Margolin (Director) 
• Insolvency administrator for Vistafon Consulting GmbH: Hans-Wilhelm Goetsch (BGP Insolvency Administrator, Mainz) 

About Vistafon Group 

The Vistafon Group, consisting of Vistafon Consulting GmbH, Mainz, and Vistafon GmbH, Munich, was a manufacturer-independent full-service provider for modern communication and collaboration solutions. Since its establishment in 2013, Vistafon Group has specialized in video conferencing solutions, collaboration tools, cloud telephony, and media technology, offering its customers a comprehensive service portfolio ranging from consulting, sales, and installation to technical service and rental. 

About MVC Mobile VideoCommunication GmbH 

MVC is a full-service provider of unified communication and collaboration (UCC) solutions. With over two decades of experience and more than 1,000 customers, MVC is one of the most experienced partners in the market. Customers attest to MVC's highly personalized and professional support. MVC's portfolio includes consulting, design, and implementation, as well as comprehensive services – including cloud-based solutions – all from a single source.