Pava Partners was mandated by the group of 11 minority shareholders of REGIOCAST GmbH & Co. KG (“REGIOCAST”) to find a buyer for their shares. As part of a very complex legal process, a limited number of buyers were identified and approached. The experienced media buyer Moira Rundfunk GmbH and BO-Beteiligungsgesellschaft GmbH was found to be the ideal partner for REGIOCAST. The acquisition is for both an important part of the implementation of their radio strategy and leads to further consolidation of the Regiocast GmbH & Co.KG shareholder pool. The M&A team from CMS Hasche Sigle in Leipzig gave legal support throughout the whole process and negotiations.

Erwin Linnenbach, Member of the shareholder pool
“We appreciate the comprehensive and very professional advice of Pava Partners. This complex transaction  would not have been closed sucessfully without the guidance of Pava Partners.”

All parties have agreed to keep further transaction details confidential.

About REGIOCAST

REGIOCAST is a Germany-leading radio company with holdings in several radio stations, radio marketers and other service companies in the media sector. These include e.g. RADIO PSR, R.SA and R.SH Radio Schleswig Holstein.

About Moira Rundfunk GmbH

The Moira Rundfunk GmbH is a subsidiary of the media group Medien Union GmbH, headquartered in Ludwigshafen, with various publishers and radio stations.

About BO-Beteiligungsgesellschaft

BO-Beteiligungsgesellschaft is a joint venture company of  NWZ Funk und Fernsehen und the Bremen daily newspaper.