COMMEO Advises Prior Labs Shareholders on Competition Aspects of Acquisition by SAP SE

"Frankfurt competition law firm COMMEO advised the shareholders of AI start-up Prior Labs on competition matters, while YPOG acted as lead M&A advisers to the sellers and Prior Labs in the acquisition by SAP SE. Prior Labs, founded in 2024 and specialising in tabular foundation models, will receive over €1 billion from SAP over four years. The Federal Cartel Office approved the transaction."

COMMEO advised the shareholders of Prior Labs on competition law matters, and the law firm YPOG acted as lead M&A advisers to the sellers and Prior Labs, in connection with Prior Labs’ acquisition by SAP SE, Walldorf. Prior Labs, founded in 2024, is a German start-up and one of the pioneers in the development of tabular foundation models—AI models designed specifically for structured data. As part of the acquisition, SAP has committed to invest more than €1 billion over the next four years to develop Prior Labs into a frontier AI lab. The acquisition was subject to merger control approval under the statutory transaction value threshold provisions. The Federal Cartel Office has approved the transaction. COMMEO represented the shareholders of Prior Labs with a team composed by: Isabel Oest (lead advisor) and Julia Sagasser. YPOG represented the sellers and Prior Labs with a team composed by: Dr Tim Schlösser, Dr Benjamin Ullrich and Dr Benedikt Flöter.

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COMMEO Advises Prior Labs Shareholders on Competition Aspects of Acquisition by SAP SE

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COMMEO Advises Prior Labs Shareholders on Competition Aspects of Acquisition by SAP SE

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