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Aareal Bank advised by CMS on acquisition of market leader for online selling of rent deposit guarantees

01/02/2019

Stuttgart – MDAX-listed Aareal Bank AG has acquired plusForta GmbH, the market-leading online intermediary for rent deposit guarantees. The transaction has already been successfully completed. The parties agreed not to disclose the purchase price.

A CMS team headed by lead partner Dr Claus-Peter Fabian advised Aareal Bank on all legal aspects of the transaction. The bank has also repeatedly relied on the expertise of CMS in the past.

Wiesbaden-based Aareal Bank Group is a leading international property specialist. It offers smart financing, software products and digital solutions for the real estate sector and related industries and is represented on three continents: Europe, North America and Asia/Pacific.

plusForta GmbH, with headquarters in Düsseldorf and an office in Berlin, was established in 2008 by SchneiderGolling & Cie. Beteiligungsgesellschaft mbH and Capitol Immobilien GmbH. The insurtech firm sells deposit guarantees provided by insurance companies R+V Versicherung and Württembergische Versicherung via its “kautionsfrei.de” and “kautionsfuchs.de” platforms.

CMS Germany

Dr. Claus-Peter Fabian, Lead Partner
Cornelius Bareiß, Associate
Markus Beil, Associate, all Corporate/M&A
Dr. Martin Mohr, Counsel, Tax 

Press Contact
presse@cms-hs.com 

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