P+P advises Elvaston on sale of Habel Group

August 2019

The private equity firm Elvaston Capital has sold its majority stake in HABEL/Aktzentum Group to PROXESS Holding GmbH, a newly founded subsidiary of Beta System Software AG. P+P Pöllath + Partners advised Elvaston Capital.

HABEL/Akzentum Group is a provider of document management systems. Both 100% subsidiaries HABEL GmbH & Co KG and Akzentum GmbH offer complete solutions for archiving, document recognition and workflows and primarily support medium-sized customers in the digitalization and automation of business processes. Approximately 90 employees attend to approx. 2,600 customers, mostly in Germany, Austria and Switzerland. The group turnover of the HABEL/Akzentum Group was approx. EUR 9.5 million in the 2018 fiscal year.

Elvaston is a private equity firm led by entrepreneurs that specializes in medium-sized tech companies in the German-speaking region.

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

Markus Rasner (Oppenhoff & Partners) advised the buyers.

P+P Pöllath + Partners regularly advises Elvaston, most recently on the acquisitions of LogControl GmbH and Futura Retail Solutions AG.