POELLATH advises the founders and shareholders of Babtec on the investment by Paragon Partners
Munich-based private equity firm Paragon Partners (“Paragon”) is acquiring a stake in Babtec Informationssysteme GmbH (“Babtec”), a leading provider of quality management software in the DACH region. Founders and shareholders Michael Flunkert and Waios Kastanis will re-main invested in the company and continue to support its further development together with Paragon. Completion of the transaction remains subject to customary regulatory approvals.
Headquartered in Wuppertal, Germany, Babtec develops and markets software solutions for quality management and integrated management systems. The company’s platform enables customers to digitally manage quality-related processes across the entire value chain, rang-ing from quality planning and audit management to complaint handling and supplier collabora-tion. With more than 1,300 customers and around 230 employees across several European locations, Babtec is one of the leading providers in its market segment in the German-speaking region.
Paragon Partners is an owner-managed private equity firm focused on established mid-sized companies in German-speaking countries with significant strategic and operational develop-ment potential. The firm works closely with its portfolio companies to drive sustainable growth and enhance operational performance. Paragon is active across a range of industries and currently holds investments in 12 companies.
POELLATH provided comprehensive legal and tax advice to the founders and shareholders of Babtec in connection with Paragon’s investment with the following team:
- Otto Haberstock (partner, M&A/PE, Munich)
- Gerald Herrmann (associated partner, tax, Munich)
- Daniel Wiedmann (associated partner, antitrust, Frankfurt)
- Alexander Pfefferler (counsel, M&A/PE, Munich)
- Daniel Zhu (counsel, M&A/PE, Munich)
- Moritz Löffler (senior associate, M&A/PE, Munich)
- Florentine Wagner (associate, M&A/PE, Munich)
