Proventis Partners advised Baschnagel Group

The shareholders of Autocenter Baschnagel have sold 100% of their company shares to the interim managing director, René Fischer, as part of a “Management Buy Out”. Tahe transaction is a succession solution, which gives the more than 90 employees of the company certainty about the future of the company. Due to the large family structure of the owning family Baschnagel, a family-internal company succession had been determined to be too difficult.

Proventis Partners supported the succession solution in an advisory capacity.