P+P Pöllath + Partners provided comprehensive advice to the investors Creathor Venture, KfW & GMPVC, as well as founder Dr. Jörg Überla, on the sale of Danato GmbH to publishing company Gruner + Jahr. The purchase price was not disclosed.

Dr. Jörg Überla founded Danato in 2011. Danato is one of the leading e-commerce suppliers for gift ideas in the German-speaking area.

P+P Pöllath + Partners advised on various legal aspects, including commercial, antitrust and tax law, with the following team in all locations:

    * Tobias Jäger (lead, M&A, Munich)
    * Alexander Pupeter (partner, tax, Munich)
    * Daniel Wiedmann (counsel, antitrust law, Frankfurt)
    * Tim Junginger (associate, M&A, Munich)

On the buyer's side, CMS (Henrik Drinkuth, Andre Nolting and Nico Brunotte) served as advisors for Gruner + Jahr. Bettina Wulf of the firm Bertelsmann SE & Co. KGaA provided in-house advice.