POELLATH advises Energy Software Group on acquisition of S&P Solutions
Together with S&P Solutions, the Energy Software Group will continue to grow the company, as well as further expand its position in the market through inorganic growth. POELLATH provided comprehensive legal and tax advice to the Energy Software Group in connection with the acquisition.
Braunschweig-based S&P Solutions has been developing IT solutions for numerous technical processes since the late 1990s. The company employs approximately 30 people and serves the entire German-speaking region with its applications for network and plant operations and meter management. The technical information system ASS also offers customized functions to optimally support processes in utility companies.
Elvaston is an entrepreneur-led investment firm specializing in medium-sized companies in German-speaking countries. Elvaston acquires majority stakes and provides equity capital for growth financing. The portfolio includes succession solutions for entrepreneurs and families, group spin-offs and buy-and-build concepts in industries with consolidation potential, growth financing in the form of equity capital increases and transactions in listed companies. The portfolio company Energy Software offers software solutions for the energy and water industry, especially for small and medium-sized utilities and water suppliers.
POELLATH provided comprehensive legal and tax advice to the Energy Software Group in the context of the acquisition with the following team: