POELLATH advises EOS on acquisition of FLEXiCODE GmbH and FLEXiCODE Schweiz AG
Munich-based private equity firm EOS Partners (“EOS”) has acquired a stake in FLEXiCODE GmbH and FLEXiCODE Schweiz AG (collectively “FLEXiCODE” or the “Company”), an IT service provider based in Germany and Switzerland with a focus on the IFS ecosystem. Founders Carolin Scheifl and Lorenz Wiederer, as well as shareholder Raphael Prior, have reinvested a significant portion of their shares and will continue the executive management of the Company. Together with EOS, FLEXiCODE will further expand its leading position in the IFS ecosystem and consistently continue to grow. The focus will be on expansion into high-growth areas, such as field service management, increasing recurring revenues through cloud and service offerings and strengthening its international presence. POELLATH provided legal advice to EOS on the acquisition regarding reinvestments and a management participation model.
FLEXiCODE is an established IT service provider in the IFS environment focusing on medium-sized industrial companies in the DACH region. The Company supports its customers in their digital transformation – from ERP implementation and IFS Cloud upgrades to managed services and in-house software development. FLEXiCODE is headquartered in Winzer (Switzerland) and has additional locations in Germany and Switzerland with approximately 100 employees
EOS is a long-term investment firm focusing on medium-sized companies in the DACH region, Benelux countries and Nordic countries that have unique selling points, sustainable customer relationships and high growth potential.
POELLATH advised EOS on the legal aspects of the acquisition regarding reinvestments and a management participation model with the following Munich team:
- Silke Simmer (counsel, lead, management participation, M&A/PE)
- Dr. Benedikt Hohaus (partner, co-lead, management participation, M&A/PE)
- Natalie Tafelski (associate, management participation, M&A/PE)
