DLA Piper Advises Deutsche Beteiligungs AG on EUR 20 Million Share Buyback Program.

DLA Piper has advised Deutsche Beteiligungs AG (DBAG), a leading financial investor focused on medium-sized enterprises, in the implementation of a new share buyback program. The program, which is valued at up to EUR 20 million, comes after the successful completion of an earlier buyback program initiated in March 2024. DLA Piper also played a key role in advising DBAG on that initial initiative.

The newly approved buyback program will see DBAG repurchase up to 800,000 shares, representing approximately 4.25% of its current share capital. The buyback will begin shortly and will continue for up to one year. DBAG's management board is exercising its authority granted by the shareholders' meeting held on February 28, 2023, in accordance with Section 71 para. 1 no. 8 of the German Stock Corporation Act (AktG).

This program will be conducted by a credit institution on the stock exchange, complying with Article 5 of the Market Abuse Regulation and the Delegated Regulation (EU) 2016/1052 from the EU Commission. Notably, the buyback of own shares will be suspended for a period of one week before and after DBAG’s Annual General Meeting scheduled for May 27, 2025.

The DLA Piper team supporting this transaction included Counsel Juliane Poss and Partner Dr. Roland Maaß from the firm’s Frankfurt office, as well as Partner Kerstin Schnabel and Associate Melissa Sehringer from the Cologne office. Dr. Matthias Döll managed the legal aspects of the transaction internally at Deutsche Beteiligungs AG.

Deutsche Beteiligungs AG (DBAG) is a private equity firm based in Frankfurt, Germany, specializing in investments in medium-sized companies. Founded in 1985, DBAG focuses on providing equity capital to support business growth in the industrial and service sectors. The firm actively invests in companies, offering strategic guidance, capital, and operational expertise to drive expansion and profitability. DBAG has a strong track record of creating value through long-term investments and strategic support.

DLA Piper is a global law firm with a strong reputation for providing legal services across a broad spectrum of industries and sectors. With offices in more than 40 countries, the firm offers comprehensive legal solutions in areas such as corporate law, litigation, intellectual property, real estate, and regulatory matters. DLA Piper serves a diverse range of clients, including multinational corporations, governments, and individuals, delivering innovative and strategic advice. The firm is known for its collaborative approach, providing tailored legal expertise to address complex, cross-border issues while maintaining a commitment to exceptional client service.

DLA Piper Advises Meridian Foundation on Metro AG Delisting