DLA Piper has advised the Luxembourg-based investment company Active Ownership Capital on the voluntary public takeover offer for exceet Group SE, a technology company specializing in electronics and security technology in Luxembourg which is listed on the regulated market in Germany.

Active Ownership Capital is an independent, partner-managed investment company that acquires significant minority stakes in publicly listed, undervalued small- and mid-size companies in German speaking countries (Germany, Switzerland, Austria) and the Nordics (Sweden, Finland, Denmark, Norway). Active Ownership Capital follows an active ownership approach and fosters value creation through operational, strategic and structural improvements.

exceet Group is an international technology group specializing in intelligent electronics and security technology. Exceet Group SE was founded in July 2011 as a result of the acquisition of the Swiss Exceet Group AG by Helikos SE. In January 2010, Helikos was placed as a special purpose acquisition company (SPAC) on the Frankfurt Stock Exchange.

The DLA Piper team was led by partner Andreas Fuechsel (Private Equity) and included partners Frank Schwem (Finance & Projects), Dr Michael Holzhaeuser (Antitrust, all Frankfurt) and Kerstin Schnabel (Corporate, Cologne), associates Philipp Groll (Private Equity), Matthias Siemes (Litigation & Regulatory), David Klock (Antitrust, all Frankfurt) and Hubertus Neu (Corporate, Cologne).