The shareholder of mola-administration GmbH sold shares to the Apex Group, Bermuda a global fund administration provider with presence in the European fund administration market. With the completed transaction, Apex enters the German market and mola increases its current product offering to their customer base.

Transaction

The shareholder of mola-administration GmbH sold shares to the Apex Group, Bermuda a global fund administration provider with presence in the European fund administration market. With the completed transaction, Apex enters the German market and mola increases its current product offering to their customer base.

Apex Group has long considered Germany to be a market with significant growth opportunities. Therefore, the acquisition further enables Apex's expansion into the geography. The merger with Apex will enable Mola to provide its clients with an even broader product and service offering, which will benefit not only current but also future clients throughout the entire lifecycle of their funds.The selling managing partner Frank Falkenberg remains on board as a minority shareholder and with operational responsibility. Network Corporate Finance exclusively advised the shareholder and the company on the transaction.

Company

Since its inception in 2011 in Hamburg, Germany, Mola Administration provides fund administration services to domestic and international private equity and venture capital funds. Mola works with closed-end funds and provides them with administrative support in the areas of finance, legal, tax as well as regulatory requirements. Mola administers the fund vehicles as well as the side and carry entities of venture capital, later stage, special situations, debt and crypto currency funds with a total volume of approximately €3.5 billion.

For additional information on BioneXX: www.mola-administration.de