P+P advises Brockhaus Private Equity on the acquisition of the software specialist AUVESY
Brockhaus Private Equity acquired a majority interest in AUVESY, a software specialist based in Landau in the Palatinate.
The investment was made via Brockhaus Private Equity III fund as part of the acquisition of limited partnership shares in the AUVESY GmbH & Co. KG and shares in its partner, DataManag Verwaltungs GmbH. The existing shareholders have ceased to be the majority shareholders, but re-invested with significant minority shares.
Founded in 2007, Auvesy GmbH & Co. KG is a leading global provider of data management software for automated production facilities and manufacturing operations. The customized Auvesy software solution named "versiondog" allows manufacturing firms to benefit from a user-friendly all-in-one product offering centralized data storage, automated back-up, version control with detailed change tracking, clear documentation as well as compatibility with the system requirements of different equipment suppliers (including Siemens, ABB, Kuka, Rockwell and Mitsubishi). Auvesy software is already in use in more than 40 countries around the world in a range of different industries. The company is based in Landau, in the Palatinate region of Germany, and has around 65 employees.
Brockhaus Private Equity was founded in 2000 in Frankfurt am Main, Germany. As an independent growth investor specializing in buy-outs and expansion financings, Brockhaus Private Equity focuses on innovation and technology leaders in the German speaking regions.
P+P Pöllath + Partners comprehensively advised Brockhaus Private Equity with the following team:
- Philipp von Braunschweig (partner, M&A/private equity, Munich)
- Tobias Jäger (counsel, lead, M&A/private equity, Munich)
- Alexander Pupeter (partner, tax, Munich)
- Dr. Jens Linde (counsel, finance, Frankfurt am Main)
- Dr. Sebastian Rosentritt (associate, M&A/private equity, Munich)
- Andrea Streifeneder (associate, M&A/private equity, Munich)
- Benjamin Maciejewski, LL.M. (associate, M&A/private equity, Munich).
P+P already advised on the structuring of the Brockhaus Private Equity Fund III and advises the investor on a regular basis on transactions; most recently on the investment of Peakwork AG.
