capiton acquires Magix Software
Berlin — Shearman & Sterling advised capiton on the financing of the acquisition of a majority stake in Magix Software, a leading global developer and provider of video, music and photo editing software.
capiton is an independent, owner-managed private equity company that manages a total fund volume of € 1.1 billion and invests in larger medium-sized companies in Germany, Austria and Switzerland in the context of management buy-outs and expansion financing. Magix is a primary transaction and the first component of capiton’s increased activity in the area of digital business models.
Headquartered in Berlin, Magix has additional development sites in Dresden and Madison (USA). Magix has been active in the video and music editing software market for more than twenty years and can therefore draw on a very broad and loyal customer base.
Advisor capiton: Shearman & Sterling
The Shearman & Sterling team included partner Winfried M. Carli, associates Odilo Wallner and Maria Iorno (all Germany-Finance).
About capiton
In our view, private equity is more than just invested money. We assume responsibility with every investment: for our investors’ money as well as for the companies and their employees. We invest in a variety of sectors, with some we consider particularly attractive. Across all industries, we take a detailed, case-by-case look at each investment opportunity and analyze risks and opportunities. Another focus is our specialization in medium-sized businesses. Even though the size of our investment pools has grown steadily in recent years, the investments remain within the usual range for medium-sized companies. It is important for us to be in agreement with our investees in terms of direction and goal. We pursue the same goal as they do: success with long-term solid business concepts that open up growth prospects for everyone.
About Shearman & Sterling
Shearman & Sterling is an international law firm with 22 offices in 13 countries and approximately 850 lawyers. In Germany, Shearman & Sterling is represented at the Frankfurt office. The firm is one of the international market leaders in advising on complex cross-border transactions. Worldwide, Shearman & Sterling primarily advises international corporations and large national companies, financial institutions, and large mid-sized companies. For more information, visit www.shearman.com.