Exit: Brockhaus Private Equity sells AUVESY Group to Hg Capital
Frankfurt a. M./ POELLATH advised Brockhaus Private Equity, the AUVESY management team and other shareholders on the sale of their stake in the AUVESY Group, a technological global market leader for data management systems, to Hg Capital. The existing AUVESY management team will continue to hold a stake in the company, while the former majority owner Brockhaus Private Equity will exit completely.
Founded in 2007 and based in Landau in der Pfalz, AUVESY GmbH is a leading global provider of software solutions for version control and change management in automated industrial environments. The software enables automated production facilities and other intelligent machines, as well as their machine data and information, to be automatically backed up and centrally managed. The company employs around 90 people and manages over 5 million industrial “Internet-of-Things” devices in 45 countries.
POELLATH already advised Brockhaus Private Equity on the acquisition of AUVESY in 2017 from the then founders and now also accompanied the sale to Hg Capital. The parties have agreed not to disclose further details of the transaction. The closing of the transaction is still pending.
Advisor Brockhaus Private Equity: POELLATH with the following cross-location team:
Tobias Jäger (Partner, Lead Partner, M&A/Private Equity, Munich)
Philipp von Braunschweig, LL.M. (Fordham) (Partner, M&A/Private Equity, Munich)
Dr. Benedikt Hohaus (Partner, Management Participation, Munich)
Dr. Nico Fischer (Partner, Tax Law, Munich)
Dr. Jens Linde (Associated Partner, Financing, Frankfurt)
Daniel Wiedmann, LL.M. (NYU) (Associated Partner, Antitrust Law, Frankfurt)
Andrea Streifeneder (Associate, M&A/Private Equity, Munich)
Dr. Matthias Meier (Associate, M&A/Private Equity, Munich)
Johanna Scherk (Associate, Management Participation, Munich)