DLA Piper has advised iubenda, a portfolio company of team.blue, on the acquisition of all shares of Swedish Company consentmanager AB. Together, the two companies will continue to expand under the umbrella of team.blue, a leading digital enabler for companies and entrepreneurs across Europe, with more than 2.5 million customers. Combined, they will have offices in Italy, Germany, Sweden, France and Poland, but the group is already operating on a global scale with a team of 130 across 25+ nationalities.
iubenda and consentmanager will create one of Europe’s leading providers for consent management and privacy compliance, with over 100.000 customers in 100+ countries. Since 2011, iubenda has been helping SMEs with attorney-level solutions to make their websites and apps comply with privacy laws. consentmanager was founded in 2018 and focusses on consent solutions (“cookie banners”).
The three founders Andrea Giannangelo (CEO, iubenda), Domenico Vele (CTO, iubenda), and Jan Winkler (CEO, consentmanager) will continue to lead the company. They will be supported by the wider team.blue organisation, with the aim of consolidating the successful growth story of iubenda and consentmanager and to further accelerate its international expansion in the e-compliance business.
iubenda, based in Milan, Italy, offers several integrated solutions to answer the compliance needs of organisations across multiple languages and legislations on websites and apps. These include solutions on Privacy and Cookie policies, the EU Cookie law, Terms and Conditions, GDPR consent recording and CCPA disclosures. The group is already operating on a global scale with a team of over 100 across more than 25 different nationalities. The company has about 90,000 customers today, spread over 100+ countries.
consentmanager AB is a Swedish company specialising in GDPR compliance software solutions. The company was founded in 2018 in Västeras, Sweden. With more than 25,000 customers worldwide and offices in Berlin, Paris, Hamburg and Warsaw. consentmanager is one of the leading compliance solutions on the market.
The DLA Piper team was jointly led by partner Dr Nils Krause and senior foreign associate Dan Li (both Corporate/M&A, Hamburg) and consisted of partners Semin O (Antitrust) and Dr Björn Enders (Tax), counsel Miray Kavruk (IPT, all Frankfurt), Georg Haberkorn (Pensions, Munich) and Florian Jeske, senior associates Katharina Fischer (both Employment, Hamburg), Alexanders Lamers (Real Estate) and Rainer Hartmann (Tax, both Frankfurt) as well associates Hazel Franke, Dr. Samir Buhl (both Employment, Hamburg), Ekaterina Filikhina (IPT, Munich), Carina Ludwig, Clemens Daniel Schlotter (both Corporate/M&A, Hamburg) and Caroline Huber (Antitrust, Frankfurt).
Also involved from the international DLA Piper offices were from Stockholm a team led by partners Anna Berntorp and Richard Folke as well as associate Therese Pekkanen (all Corporate/M&A), from Milan partner Christian Iannaccone and senior associate Giulia Fioramonti (both Corporate/M&A) and from Paris partner Simon Charbit and associate Loic Bustos (both Corporate/M&A).