P+P advises Elvaston on investment in Stonebranch

December 2017

Through its Elvaston Fund III, the Berlin-based private equity firm Elvaston Capital has invested in Stonebranch, Inc., headquartered in Alpharetta, Georgia.

Stonebranch develops and distributes a modern workload automation software that serves to simplify and safeguard critical IT processes within companies. In total, the company has over 300 customers, including some of the largest companies worldwide in the finance, technology and healthcare sectors. The company is considered one of the worldwide market leaders in workload automation. Stonebranch has 16 locations in the US, Canada and throughout Europe.

Elvaston is a private equity firm led by entrepreneurs that specializes in medium-sized technology companies.

P+P Pöllath + Partners advised Elvaston Capital on legal and tax matters with the following team:

P+P regularly advises Elvaston, most recently on the partial disposal of the investment in the SHD Group to Bregal and the investment in Magnolia International.