Zachert Photography GmbH takes over photo studio chain “studioline”

Zachert Photography GmbH takes over photo studio chain “studioline”

Across Germany, 60 branches will continue to operate and around 400 jobs will be saved

Germany-wide, December 19, 2024.  studioline, the market leader, has a secure future. The traditional photo studio chain is being taken over by Zachert Photography GmbH, a wholly owned subsidiary of Zachert Private Equity GmbH (ZPE). ZPE specializes in the restructuring and further development of traditional medium-sized companies. The takeover means that 60 branches as well as the business headquarters at 44 locations and around 400 jobs will be retained until further notice.

Strategic realignment and new concept

“Studioline is a traditional company with over 110 years of history and the market leader in this segment. This must be preserved. We see the potential and are focusing on a sustainable concept,” explains Olaf Zachert, Managing Partner of the companies. “We are making targeted investments in the further development of the brand for customers and potential new customers. We will preserve and expand studioline’s strengths and unique selling points and create new customer experiences,” says the investor. The new owner is focusing on cooperations and the creation of synergies in new business areas. Zachert Private Equity GmbH is investing a mid-single-digit million euro amount. The negotiations with the studioline insolvency administrator Reinhold Schmid-Sperber from the law firm REIMER were accompanied by Dr. Helge Krüger (REIMER) and the commercial law firm Seitz on behalf of the purchaser.

As a first step, the investor wants to approach the landlords of the 60 stores. “Our primary goal is to secure jobs, strengthen the core business and continue to inspire customers with high-quality photo experiences. All parties involved should strive for future-oriented solutions to achieve this,” says Olaf Zachert. This is a key component of the takeover and, above all, the continuation of studioline.

Insolvency administrator Reinhold Schmid-Sperber from the law firm REIMER welcomes the solution: “We are pleased that we have found a uniform solution for the majority of studioline branches and their approximately 400 employees and trainees.”

Overview of locations (by federal state in alphabetical order):

Contact for media:
Ulf Mehner / Mathias Rentsch (Communication ZPE),
Phone +49 172 8935317 / +49 176 55434382, Presse.ZPE@weichertmehner.com

About ZPE:
Zachert Private Equity GmbH (ZPE) is a restructuring expert with many years of experience in investing in mostly traditional medium-sized companies in often complex situations of upheaval. The primary objectives are to preserve jobs and strengthen the respective business model. To this end, the company often develops buy-and-build strategies. The founder and managing partner of the company, based in Grünheide, is Olaf Zachert.
https://zachert-pe.com/

About Studioline:
Studioline is Germany’s largest chain of photo studios specializing in studio portraits. With a large number of locations in the best city centers, Studioline offers high-quality photo shoots for every stage of life – from baby and family photos to wedding and beauty shoots. The nationwide photo studios continue to focus on portrait photography and lifestyle shoots. The company files for insolvency in July 2024. The company was saved with the takeover by Zachert Photography GmbH.