Clifford Chance has advised Infomedia, the TPG-backed global automotive aftersales technology company, on its acquisition of Veact GmbH — a Munich-based provider of data activation, predictive service marketing and aftersales customer management solutions serving more than 1,000 dealership sites across the EMEA region — in a cross-border transaction announced on 12 June 2026.
The Clifford Chance team was led by partners Jacob Kahwaji from the firm’s Sydney office, advising on corporate and private equity aspects, and Thomas Krecek from Frankfurt, leading the corporate M&A work. The instruction spanned five practice groups across three offices — corporate M&A, tech and digital, tax, employment and intellectual property — reflecting the complexity of a data-intensive technology acquisition requiring coordinated advice on data assets, IP ownership, employment structures and tax treatment simultaneously.
Partner Christopher Fischer and counsel Nicolas Hohn-Hein advised on employment and IP aspects respectively from the Frankfurt and Düsseldorf offices.
Infomedia, headquartered in Australia, was taken private by TPG — a leading global alternative asset manager — in August 2025 and provides data-as-a-service and software-as-a-service solutions to OEMs, dealerships and third-party partners across the vehicle and customer lifecycle. The Veact acquisition extends Infomedia’s European footprint in the automotive aftersales sector and enables the combined group to deliver an end-to-end data platform for original equipment manufacturers and dealer networks managing the entire vehicle ownership lifecycle. Veact works with some of the world’s leading automotive brands across its EMEA dealership network.
The transaction structure — a private equity-backed acquirer buying a European technology target with data assets at its core — required the full breadth of Clifford Chance’s cross-border corporate practice. The Sydney-Frankfurt-Düsseldorf team composition reflects the transatlantic and cross-European nature of private equity-backed technology M&A in 2026, where acquirers backed by global alternative asset managers such as TPG, KKR and Blackstone are consistently buying European technology businesses and requiring coordinated multi-jurisdictional advice.
For Magic Circle corporate practices the transaction adds to Clifford Chance’s visible private equity M&A deal flow alongside Freshfields, Linklaters and Allen & Overy Shearman in the competition for cross-border technology acquisition mandates. For in-house legal teams at automotive OEMs, dealerships and technology platform businesses the growing consolidation of automotive data and aftersales technology — driven by private equity investment in the sector — will generate increasing demand for M&A, data governance and IP advisory work through the remainder of 2026 and into 2027.