12.09.2017

Luther advises Idinvest Partners during the unitranche financing of the acquisition of Auvesy by Brockhaus Private Equity

The proceeds from the financing were applied toward the acquisition of a minority interest in the software specialist firm Auvesy by Brockhaus Private Equity.

Background

Luther Rechtsanwaltsgesellschaft mbH advised Idinvest Partners during a unitranche financing. The proceeds from the financing were applied toward the acquisition of a minority interest in the software specialist firm Auvesy by Brockhaus Private Equity.

Idinvest Partners (www.idinvest.com) is a leading independent European investment and financing company with a focus on the European mid-cap market. The company is providing financing for the transaction as a so-called unitranche. The parties involved have agreed not to disclose the value of the financing volume.

Luther has been advising Idinvest Partners on a continuous basis during transactions in Germany, most recently in April of this year during the granting of a subordinated loan for the acquisition of "frostkrone group" with funds advised by EMERAM Capital Partners.

About AUVESY GmbH & Co. KG

Founded in 2007, AUVESY GmbH & Co. KG is a leading global supplier of version and data management software for automated production facilities and manufacturing processes. With its specialised software packet "versiondog," AUVESY offers a product that provides industrial establishments with a uniform data filing structure, fully automatic data protection, version management with detailed change detection and clear documentation and is coordinated with the automation systems of different manufacturers (such as, for example, Siemens, ABB, Kuka, Rockwell, and Mitsubishi). AUVESY software has been successfully employed in various sectors in more than 40 countries worldwide.  The company currently has approximately 65 employees.

About Brockhaus Private Equity

Brockhaus Private Equity was founded in the year 2000 in Frankfurt am Main. As an independent growth investor for buyouts and expansion financing, Brockhaus Private Equity focuses on innovation and technology leaders in the German-speaking market.

For the purpose of the transaction, Brockhaus Private Equity has engaged the law firm P+P Pöllath + Partners (Philipp von Braunschweig, Tobias Jäger, Dr. Jens Linde).

For Idinvest Partners

Luther, Banking and Capital Market Law: Christoph Schauenburg, LL.M. (Partner, Lead), Stefan Jokel (Associate, both in Frankfurt am Main)

Luther, Mergers & Aquisitions: Dr. Thomas Kuhnle (Partner), Kathrin Rettner (Associate, both in Stuttgart)

Luther, Tax Law: Ulrich Siegemund (Partner), Mehmet Dogan Dogruyol (Associate, both in Frankfurt am Main)