Mola Administration sold to Apex Group with Heuking
A team led by Dr. Peter Christian Schmidt, Partner at Heuking Kühn Lüer Wojtek’s Hamburg office, legally advised the shareholder of Mola Administration, a fund administration service provider, on its sale to Apex Group. The merger allows Mola to offer its clients an even more comprehensive range of products and services in administration, benefiting existing and future clients throughout the entire fund life cycle. Mola’s Managing Partner Frank Falkenberg will remain on board as a minority shareholder with operational responsibility.
Founded in 2011 in Hamburg, Mola Administration is a service provider for fund administration for national and international private equity and venture capital funds in Germany. Mola supports closed-end funds in Finance, Law, and Tax, and in regulatory requirements. It administers the fund vehicles and the side and carry companies of venture capital, later stage, special situation, debt and cryptocurrency funds with a total volume of about EUR 3.5 billion.
Headquartered in Hamilton, Bermuda, Apex Group is a global fund administration solutions provider operating in the regulated European banking, custody, and fund administration markets. Apex delivers an extensive range of services for funds with a team of 5,000 employees across 50 locations worldwide. The acquisition of Mola enables Apex to expand into the highly attractive German market.
Counsel to Mola Administration
Heuking Kühn Lüer Wojtek:
Dr. Peter Christian Schmidt (Lead, M&A), Hamburg
Dr. Julius Wedemeyer (M&A), Hamburg
Dr. Hans Markus Wulf (IP, Media & Technology), Hamburg
Dr. Henrik Lay (Tax), Hamburg
Dr. Volker Voth (Employment), Hamburg
Nathalie Hemmerling (M&A), Hamburg