General Atlantic Partners exits Navigon

General Atlantic Partners acquired Navigon in 2006 when it bought a 90% stake in the company.

Company
NAVIGON was founded in 1991 through the merger of digital cartography specialist CIS GmbH and GPS Gear GmbH, both based in Würzburg. Based in Hamburg, the firm is a manufacturer of navigation systems. Navigon operates subsidiaries in Europe, Asia and North America and employs over 400 staff.

Advisers
Buyer - Gleiss Lutz, Dr Jörn Wöbke, Prof Dr Gerhard Wegen, Jan Christoph Mosch, Christian Mencke, Dr Stefan Weidert, Dr Herwig Lux, Barbara Klüßendorf, Linda Bittner, Dr Stefan Lingeman, Dr Charlotte Beck, Dr Rut Groneberg, Dr Wolfgang Bosch, Dr Alexander Fritzsche, Dr Julia Marquier, Dr. Michael Marquardt, Dr Johann Wagner (Legal)Stephan Waldhausen (Corporate, Dusseldorf); Norbert Schneider (Tax, Dusseldorf/Cologne); Peter Niggemann (ACT, Dusseldorf);

Equity - Freshfields Bruckhaus Deringer, Stephan Waldhausen, Ansgar Schönborn (Corporate finance); Norbert Schneider, Philipp Hoffsümmer (Tax due diligence); Peter Niggemann, Nicolai Seitz (IP/IT due diligence).

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