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Osborne Clarke advises DTCP on sale of CoreMedia AG


Written on 3 December 2019

Osborne Clarke advised DTCP on the sale of its shares in the software company, CoreMedia AG, to private equity firm, OpenGate Capital on October 31st, 2019.

CoreMedia AG’s Content Cloud is a content management platform (CMS) that enables intuitive collaboration between marketers, merchandisers and developers in the field of digital marketing. For example, eCommerce companies can provide their customers and prospects real-time product information with high-quality marketing content or personalized messages. CoreMedia AG’s clients include companies in eCommerce, luxury goods, industrial manufacturing, retail, media and telecommunications and public sectors.

DTCP is an investment management group that manages and advises approximately $ 1.7 billion and over 60 portfolio companies on behalf of Deutsche Telekom and other institutional investors. The group provides venture capital, private equity and advisory services to the technology, media and telecommunications industries. As a bridge between Europe, North America and Asia, DTCP connects people, capital and ideas, thereby fostering innovation and creating value for its portfolio companies, investors and the connected society.

A team of Osborne Clarke consisting of Corporate and M & A lawyers Nicolas Gabrysch, Matthias Elser, Robin Eyben and Maximilian Vocke supported DTCP legally in the sales process.

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