POELLATH advises Venitus IT Solutions GmbH on acquisition of Proventa AG
Munich-based Venitus IT Solutions GmbH (“Venitus,” the “Group”), a fast-growing IT platform for end-to-end digitalization solutions for small and medium-sized businesses, has acquired Proventa AG (“Proventa”), a leading specialist in open-source data platforms. Through this strategic investment, Venitus continues its long-term growth and strengthens its data and technology competencies in a targeted manner. As a long-term growth investor, Venitus supports Proventa in the continuous expansion of its service portfolio and in tapping new market potential within the Venitus Group. This integration establishes significant synergies and forms the basis for sustainable growth for both companies through the development of a comprehensive, end-to-end digitalization offering for small and medium-sized businesses. POELLATH advised Venitus on legal and tax matters in connection with the transaction.
Proventa AG, based in Frankfurt am Main, is a recognized consulting firm for digital transformation in Germany. The company supports its clients in complex innovation and development projects with comprehensive expertise in open-source data technology implementation, digital transformation and process automation.
The Venitus Group is a growth-oriented IT platform that consolidates specialized technology and service companies. The group's goal is to support medium-sized companies and KRITIS organizations in their digital transformation with a comprehensive, end-to-end portfolio. Venitus combines strategic investments with operational support and targeted development of synergies within the Group.
POELLATH advised Venitus on legal and tax matters in connection with the acquisition with the following team:
- Otto Haberstock (partner, co-lead, M&A/private equity, Munich)
- Daniel Zhu (counsel, co-lead, M&A/private equity, Munich)
- Lukas Fellhölter (senior associate, M&A/private equity, Munich)
- Angelina Seelbach (senior associate, M&A/private equity, Munich)
- Moritz Löffler (senior associate, M&A/private equity, Munich)
- Florentine Wagner (associate, M&A/private equity, Munich)
- Dr. Nico Fischer (partner, tax, Munich)
- Gerald Herrmann (associated partner, tax, Munich)
- Jannis Lührs (senior associate, tax, Munich)
- Dr. Saskia Bardens (senior associate, tax, Munich)
- Christine Funk (counsel, IP/IT, Frankfurt)
- Michael Andreas Haase (counsel, corporate law, Munich)
- Dr. Andreas Reuther (associated partner, employment law, Munich)
- Nicole Kaltenberg (associate, employment law, Munich)
- Niklas Kastel (associate, employment law, Munich)
