July 2026 – Frankfurt-based competition law firm COMMEO has advised the German start-up Prior Labs’ shareholders on competition law matters in connection with Prior Labs’ acquisition by SAP SE, Walldorf.
Prior Labs, a start-up founded in 2024, is one of the pioneers in the field of so-called tabular foundation models. These are AI models developed specifically for structured data. As part of the acquisition, SAP has committed to investing more than 1 billion euros over the next four years to develop Prior Labs into a frontier AI lab.
The acquisition was subject to approval under merger control law by the Federal Cartel Office on the basis of the statutory provisions regarding the transaction value threshold. The Federal Cartel Office has now approved the transaction.
Isabel Oest (lead advisor) and Julia Sagasser acted as advisers to COMMEO. The law firm YPOG, led by the team of Dr Tim Schlösser, Dr Benjamin Ullrich and Dr Benedikt Flöter, acted as lead M&A advisers to the sellers and Prior Labs.
COMMEO is a specialized law firm focusing exclusively on competition law. An established team of experienced lawyers (five partner, one counsel and five associates) advises national and international clients on all aspects of German and EU competition law.
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