Clearwater advises the family shareholder of DKV MOBILITY SERVICES GROUP on its financing to repurchase a minority shareholding in DKV from CVC
We have advised the family shareholder of DKV MOBILITY SERVICES Group (DKV) on its financing to repurchase a 20% minority shareholding in the company from CVC Capital Partners Fund VII (CVC).
DKV is a provider of international mobility services and, for decades, one of the leading companies in the mobility industry, and is now a fully family-owned company again. After a five-year partnership, the family, which has been a shareholder of the company since 1959, repurchased a 20% minority stake from CVC.
CVC acquired shares in the fast-growing company in 2019. During this time, the company has significantly increased its product and service offering and strengthened the positive development of its business’s performance. With more than 2,500 employees, DKV will continue to pursue its long-term growth strategy and, with the family as the sole shareholder, implement new ideas and impetus for greater efficiency and sustainability for its customers.
More information: https://www.clearwatercf.com…