GOF advises PROM12 on investment in Communardo software

Munich — Busi­ness law firm Gütt Olk Feld­haus advi­sed PROM12, an invest­ment company focu­sed on the technology/ tech-enab­­led services/ soft­ware sectors, on the acqui­si­tion of Commu­nardo Soft­ware GmbH. Commu­nardo, head­quar­te­red in Dres­den, Germany, is a full-service provi­der for the modern work­place with nearly 220 employees at seven loca­ti­ons in Germany, Austria and Alba­nia, gene­ra­ting reve­nues of 40 million euros.

PROM12 as a specia­list for Digi­tal Trans­for­ma­tion and IT Services supports Commu­nardo in its future deve­lo­p­ment, working closely with Communardo’s manage­ment to stra­te­gi­cally deve­lop the company for inter­na­tio­nal growth. Ilja Hauß and Dirk Röhr­born will remain as share­hol­ders. Dirk Röhr­born will conti­nue to be respon­si­ble for Communardo’s busi­ness as CEO.

The acqui­si­tion is subject to appr­oval by the anti­trust autho­ri­ties. GOF advi­sed PROM12 on all phases of the transaction.

Legal advi­sors PROM12: Gütt Olk Feld­haus, Munich
Dr. Kilian Helm­reich (Part­ner, Lead), Adrian von Prit­t­witz (Part­ner; both Corporate/M&A), Thomas Becker (Of Coun­sel, IP/IT/Data Protec­tion), Isabelle Vran­cken, Karl Ehren­berg (both Senior Asso­cia­tes, both Corporate/M&A)

Pusch Wahlig Work­place Law, Munich: Ingo Sappa (Labor Law)

About Gütt Olk Feldhaus
Gütt Olk Feld­haus is a leading inter­na­tio­nal law firm based in Munich. We provide compre­hen­sive advice on commer­cial and corpo­rate law. Our focus is on corpo­rate law, M&A, private equity and finan­cing. In these specia­list areas we also take on the litigation.