Deal TypBuy-side Financial & Tax Due Diligence
BrancheAutomotive Software & Digital Retail Solutions
KlientEAG Group
BDO Deal Advisory supported EAG Group as buy-side due diligence advisor in its acquisitions of CarObserver (VirtualOffice GmbH) and dotzilla GmbH & Co. KG, two established providers of digital software solutions for the automotive trade in Germany. The transactions further strengthen EAG's position as a leading software and data provider for the European automotive market and expand its Omnetic platform into the German market.
CarObserver, founded in 1988 and headquartered in Hamm, Westphalia, is an established provider of software solutions for the automotive industry. With over 35 years of experience, the company supports car dealerships and manufacturers across Germany in optimising margins and residual values on used and demonstrator vehicles. CarObserver's specialised software solutions cover the entire sales and margin process, and count well-known brands such as Mercedes-Benz, Volkswagen, and Audi among its customers.
dotzilla GmbH & Co. KG, founded in 2002 and headquartered in Oberhausen, Germany, is a leading online specialist for automotive retail. The company serves over 600 car dealerships, dealer groups, and several manufacturers with comprehensive digital solutions, including its CarGate360° data optimiser, lead management tools, and dealer website solutions. dotzilla's omnichannel approach enables automotive retailers to maximise their online presence and sales performance across all digital channels.
EAG Group, founded in 2018 and headquartered in Prague, Czech Republic, is an international investment group focused on the digital transformation of the automotive market. Operating across 12 European countries with more than 11,000 B2B customers, EAG's portfolio encompasses the brands Omnetic, Carvago, and CarsData, covering the entire vehicle lifecycle from selection and financing through to resale. Through its Omnetic division, EAG pursues an active buy-and-build strategy targeting leading software and data providers in key European markets. The acquisitions of CarObserver and dotzilla represent a significant step in expanding Omnetic's footprint in the German automotive software market.
BDO Deal Advisory supported EAG Group in the context of these transactions by providing Financial Due Diligence and Tax Due Diligence services, delivering a comprehensive assessment of both targets' financial position and tax profiles to underpin EAG's investment decisions.
BDO Team Financial Due Diligence (BDO Austria): Tobias Hauer, Michael Artner, Vivien Müller
BDO Team Tax Due Diligence (BDO Germany): Michael Brauer, Philipp Baumeister
CarObserver, founded in 1988 and headquartered in Hamm, Westphalia, is an established provider of software solutions for the automotive industry. With over 35 years of experience, the company supports car dealerships and manufacturers across Germany in optimising margins and residual values on used and demonstrator vehicles. CarObserver's specialised software solutions cover the entire sales and margin process, and count well-known brands such as Mercedes-Benz, Volkswagen, and Audi among its customers.
dotzilla GmbH & Co. KG, founded in 2002 and headquartered in Oberhausen, Germany, is a leading online specialist for automotive retail. The company serves over 600 car dealerships, dealer groups, and several manufacturers with comprehensive digital solutions, including its CarGate360° data optimiser, lead management tools, and dealer website solutions. dotzilla's omnichannel approach enables automotive retailers to maximise their online presence and sales performance across all digital channels.
EAG Group, founded in 2018 and headquartered in Prague, Czech Republic, is an international investment group focused on the digital transformation of the automotive market. Operating across 12 European countries with more than 11,000 B2B customers, EAG's portfolio encompasses the brands Omnetic, Carvago, and CarsData, covering the entire vehicle lifecycle from selection and financing through to resale. Through its Omnetic division, EAG pursues an active buy-and-build strategy targeting leading software and data providers in key European markets. The acquisitions of CarObserver and dotzilla represent a significant step in expanding Omnetic's footprint in the German automotive software market.
BDO Deal Advisory supported EAG Group in the context of these transactions by providing Financial Due Diligence and Tax Due Diligence services, delivering a comprehensive assessment of both targets' financial position and tax profiles to underpin EAG's investment decisions.
BDO Team Financial Due Diligence (BDO Austria): Tobias Hauer, Michael Artner, Vivien Müller
BDO Team Tax Due Diligence (BDO Germany): Michael Brauer, Philipp Baumeister