POELLATH advises Intact’s management on sale to CGE Partners and Five Arrows

The management and the previous majority owner, tech investor IM-Cap Partners, will retain a stake in the company. The parties have agreed to keep the financial details of the transaction confidential.

Based in Lebring, Austria, Intact digitizes complex workflows in the certification process. The software enables customers to seamlessly manage all key operational processes – from audit planning and execution to certificate approval and invoicing – in a modular Software-as-a-Service (SaaS) tool.

CGE Partners is a European mid-market investment fund. CGE invests in companies that utilize technology to facilitate the transition to a more digital, sustainable, secure and compliant future. CGE provides the capital and expertise to enable rapid international expansion in global markets.

Five Arrows is the alternative investment arm of Rothschild & Co and manages EUR 26 billion in assets from its offices in Paris, London, New York, Los Angeles, San Francisco and Luxembourg. With over EUR 9 billion in assets under management, Five Arrows’ corporate private equity business focuses on investments in companies with highly defensible market positions, strong management teams, business models with high visibility for organic growth and strong business metrics, as well as multiple operational levers to unlock latent value. These sectors are limited to data & software, technology-driven business services and healthcare.

POELLATH advised the management of Intact on the management participation as part of the sale with the following Munich-based team:

• Dr. Benedikt Hohaus (partner, lead, management participation, M&A/PE)
• Silke Simmer (counsel, management participation, M&A/PE)