bpv Huegel advised Raiffeisen Informatik on the placement of SoftwareONE shares in an accelerated bookbuilding process

19 May 2020. bpv Huegel advised Raiffeisen Informatik on the sale of shares in SoftwareONE Holding AG placed in an over-night accelerated bookbuilding process. KKR, Raiffeisen Informatik, the heirs of Patrick Winter and B. Curti Holding sold last week in total 17,500,000 shares (11.04%) in SoftwareONE Holding AG at a price of CHF 20.00 per share resulting in total proceeds of CHF 350mn. Following the settlement of the transaction, the four selling parties hold stakes of 10.4%, 5.6%, 5.5% and 10.1%, respectively, in SoftwareOne Holding AG.

SoftwareONE is a leading global provider of end-to-end software and cloud technology solutions, headquartered in Switzerland. With around 5,400 employees and sales and service delivery capabilities in 90 countries, SoftwareONE provides around 65,000 business customers with software and cloud solutions from over 7,500 publishers. SoftwareONE’s shares (SWON) are listed on SIX Swiss Exchange.

bpv Huegel already advised Raiffeisen Informatik as shareholder in connection with the initial public offering of SoftwareONE Holding AG and listing on the SIX Swiss Exchange taking place in November 2019.

In the team of bpv Huegel advising Raiffeisen Informatik for the accelerated bookbuilding process were the partners Thomas Lettau (Corporate/M&A), Christoph Nauer (Capital Markets, Corporate/M&A) and attorney at law Roland Juill (Capital Markets, Corporate/M&A).

Lenz & Staehelin, Zurich, Matthias Wolf (Corporate and M&A), Patrick Schleiffer and Patrick Schärli (both Capital Markets) acted as Swiss counsel for the sellers.

Simpson Thacher & Bartlett LLP, London, Nicholas Shaw, advised KKR, and on US law aspects.

The heirs of Patrick Winter were advised by Küng Rechtsanwälte & Notare AG, Manfred Küng.

Credit Suisse AG, J.P. Morgan Securities plc, UBS AG and KKR Capital Markets Partners LLP acted as Joint Bookrunners for the placement.


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