bpv Grigorescu Stefanica provided local legal advice to Raiffeisen Informatik, the Raiffeisen IT services company, in selling its full stake in COMPAREX AG to SoftwareONE, a global provider of software portfolio management and cloud services, KKR being one of the investors its principals. The transaction was signed in October 2018 and is expected to be completed in the first half of 2019.
The company resulting from this transaction becomes an important player in the software licensing segment, with offices in 88 countries and over 5,500 experts worldwide. The company will provide customer assistance in optimizing and managing a software acquisition portfolio worth about 10 billion euros.
bpv HÜGEL (Vienna), as principal consultant, provided legal assistance on all aspects of this transaction.
Anca Albulescu, bpv partner Grigorescu Stefanica, led the team from Bucharest, composed of Iulia Dragomir, coordinating lawyer Radu Zmaranda, CIPP / E, and Diana Radu, collaborative lawyer, the team that provided legal assistance on the issues transaction related to local law, contributing to the COMPAREX due diligence process, as well as to the relevant aspects of transaction documentation.
The transaction involved close co-ordination with the other jurisdictions involved in this global due diligence process.
The bpv team Grigorescu Stefanica worked closely with the bpv Hüegel team, led by Thomas Lettau, Corporate / M&A Partner, as well as bpv Braun Partners teams in Prague and Bratislava who offered legal assistance at local level.