POELLATH advises the owner families and the management of FOCONIS AG on sale to Main Capital

Founded in 2000 and headquartered in Vilshofen, Germany, FOCONIS AG has 80 employees and has grown into a leading software provider for banks in the German-speaking region. The company’s more than 600 customers primarily include savings banks, credit unions and also private banks and associations. The core product, FOCONIS-ZAK®, consolidates data from various sources (e.g., securities transactions, company information, credit ratings), analyzes, checks and corrects this data and then automatically updates it in the customer’s core banking system. This results in better data quality, improved compliance processes and lower operating costs for banks, as many manual compliance and data control processes can be automated.

Main Capital is a strategic investor with an exclusive focus on the software sector in the Benelux countries, DACH region and Scandinavia. Main Capital has long-term prospects centered around successful partnerships with management teams, with the goal of collectively building larger software groups. Main Capital manages approximately EUR 1 billion in investments in mature and growing software companies.

POELLATH provided comprehensive legal and tax advice to the owner families and the management of FOCONIS AG in the course of the sale with the following Munich team:

• Philipp von Braunschweig (partner, lead, M&A/private equity/management participation).
• Dr. Nico Fischer (partner, tax law)
• Andrea Streifeneder (associate, M&A/private equity/management participation)