bpv Huegel advises Raiffeisen Informatik on the sale of global operating COMPAREX Group to Swiss SoftwareONE

Raiffeisen Informatik sells COMPAREX, a global IT service provider, to SoftwareONE.

Moedling/Vienna, 17 October 2018. COMPAREX AG announced that 100 per cent of its shares had been sold by Raiffeisen Informatik to SoftwareONE with KKR as investor.

bpv Huegel advised Raiffeisen Informatik, the IT services company of the Raiffeisen group, as lead transaction counsel on the sale of 100% of its shares in the global IT service provider COMPAREX to SoftwareONE, a global provider of software and cloud portfolio management services. The transaction was signed in October 2018 and is expected to be completed in the first half of 2019.

The transaction creates a major software licensing specialist with local offices in 88 countries with more than 5,500 experts. The merged company will support customers optimize and manage an estimated €10 bn in software purchases.

bpv Huegel advised as lead transaction counsel on all aspects of the transaction. The team led by Thomas Lettau (partner, corporate/m&a) consisted of Christoph Nauer (partner, corpo-rate/m&a), Gerald Schachner (partner, tax), Astrid Ablasser-Neuhuber (partner, competition), Gerhard Fussenegger (partner, competition), Verena Hügel (corporate/m&a) and Holger Steinborn (corporate/m&a), Merve Taner (corporate/m&a) and Bernhard Motal (corporate/m&a).

bpv Braun Partners, Prague and Bratislava (lead partner: Arthur Braun) and bpv Grigorescu Stefanica, Bucharest (lead partner: Anca Albulescu) as further bpv legal firms as well as Meyerlustenberger Lachenal (lead partners: Alexander Vogel and Karin Oberlin) and Linklaters (lead partner: Wilhelm Haarmann) advised on local laws.

SoftwareOne was advised by Lenz & Staehelin and Latham & Watkins. Clifford Chance advised Comparex as target.

Photo:
Thomas Lettau (partner, corporate/m&a)
Copyright: Tanja Hofer

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