P+P advises Berlin Technologie Holding on sale of shares in Sevenval Technologies to Oaktree

April 2019

Berlin Technologies Holding GmbH ("BTH") sold its shares in Sevenval Technologies to U.S. investor Oaktree Capital Group. The completion of the transaction still requires the approval of the German Federal Cartel Office.

The Cologne-based software firm, founded in 1999, employs approximately 170 people and develops solutions such as the API gateway couper.io for agile development through the frontend or the cloud service wao.io for the automatic optimization of web performance and security without interfering in existing systems. Since 2013, Sevenval has been owned by the management and an investor consortium under the management of Berlin Technologie Holding GmbH. Customers include Postbank, Allianz, Alnatura, Mercedes Benz, Opel, Stepstone, FAZ, Das Örtliche, HDI and Mazda.

BTH is a Berlin-based investor that typically invests between EUR 500,000 and 3,000,000 per company and financing round (both equity capital and convertible loans). Target groups are start-ups and companies that are primarily active in the technology sector in the areas of mobile, FinTech, enterprise software or the so-called "Internet of things".

P+P Pöllath + Partners advised BTH on all legal matters with the following team: