Schalast advises Xortec GmbH on the add-on acquisition of Videosystems Sicherungstechnik Vertriebs GmbH

A Team of attorneys of Schalast's Frankfurt office advised Xortec GmbH on the acquisi-tion of all shares in the Munich based Videosystems Sicherungstechnik Vertriebs GmbH.

Lead counsel in this project was Prof. Dr. Christoph Schalast, supported by Sven Boesing LL.M. (Georgia). The acquisition of VSV constitutes the first add-on acquisition by Xor-tec following the participation of Beyond Capital Partners Fund II in Xortec – in which Schalast advised the Fund – in January 2021.

As a result of the acquisition, Xortec strengthens its position as distributor and provider of sound advice regarding video-surveillance solutions and safety technology. The acquisi-tion of all shares is not so much a takeover as a consolidation of the cooperation between the two companies, which is why the business operations of VSV shall continue un-changed. Xortec in this transaction was comprehensively supported in the drafting and negotiations of the relevant agreements.
VSV was advised in this transaction by Dr. Stefan Schlawien of the law firm SNP Schlawien (Munich).

About Xortec

Xortec is a leading value-added distributor of integrated video surveillance and data com-munication solutions. The focus of Xortec lies in the distribution of such professional equipment and a broad, accompanying range of services.

About Videosystems Sicherungstechnik GmbH

Videosystems Sicherungstechnik GmbH offers a wide range of high-quality video-surveillance and safety technology solutions of renowned producers as well as in this con-text extensive advise-, project-, training- and support services.

About Beyond Capital Partners

Beyond Capital Partners is an investment company advising its funds on the acquisition of majority shareholdings of profitable small- and medium sized enterprises in the DACH region focusing on the asset-light segments business services, IT, software, healthcare, lifestyle and entertainment.

Consultants

Xortec: Prof. Dr. Christoph Schalast (Partner, Lead), Sven Bösing, both SCHALAST Rechtsanwälte Notare, Frankfurt am Main.

Videosystems GmbH: Dr. Stefan Schlawien, Dr. Philipp Schlawien, both SNP Schlawien, Munich.