ARQIS advises Totalmobile on the sale to Five Arrows and DBAG

Düssel­dorf — ARQIS has advi­sed the manage­ment of UK-based Total­mo­bile Limi­ted, a leading provi­der of field service manage­ment soft­ware, in connec­tion with a manage­ment reinvest­ment follo­wing the acqui­si­tion of Total­mo­bile by Five Arrows and funds mana­ged by Deut­sche Betei­li­gungs AG (DBAG). With the sale of Total­mo­bile, Bowmark Capi­tal reali­zes its exit. 

Foun­ded in Belfast in 1985, Total­mo­bile Limi­ted is a leading global provi­der of field service manage­ment soft­ware. By offe­ring a cloud-based field-first plat­form, Total­mo­bile enables process opti­miza­tion that goes hand in hand with increased effi­ci­ency for Total­mo­bi­le’s customers. 

Deut­sche Betei­li­gungs AG is an inves­tor in well-posi­­tio­­ned compa­nies with growth poten­tial in the SME sector, prima­rily in the DACH region. The assets mana­ged and advi­sed by DBAG amount to around 2.6 billion euros. 

Five Arrows, Roth­schild & Co’s specia­list alter­na­tive invest­ments busi­ness, has €31 billion of assets under manage­ment globally. Five Arrows’ corpo­rate private equity busi­ness focu­ses on invest­ments in mid-market compa­nies with strong market posi­ti­ons in the data and soft­ware, tech­­no­­logy-enab­­led busi­ness services and health­care sectors. 

An ARQIS team led by part­ner Dr. Mirjam Boche advi­sed the manage­ment of the Total­mo­bile Group on this tran­sac­tion. The advice included the nego­tia­tion and imple­men­ta­tion of a manage­ment parti­ci­pa­tion program. ARQIS worked closely with the lead law firm Mish­con de Reya, which ARQIS had consul­ted on ques­ti­ons of German law. 

Consul­tant Total­mo­bile Manage­ment: ARQIS (Düssel­dorf)

Dr. Mirjam Boche (Lead Part­ner, Tran­sac­tions), Coun­sel: Dr. Maxi­mi­lian Back­haus (Tran­sac­tions), Jens Knip­ping (Tax)

Mish­con de Reya LLP (London)

Part­ners: Kevin McCar­thy, James Pater­son (both Tran­sac­tions), Mana­ging Asso­ciate: Karine Bashar­dust (Tran­sac­tions), Asso­ciate: Eve Drys­dale (Corpo­rate Tax)

About ARQIS

ARQIS is an inde­pen­dent commer­cial law firm that opera­tes inter­na­tio­nally. Around 80 lawy­ers and legal specia­lists advise dome­stic and foreign compa­nies at the highest level on German, Euro­pean and Japa­nese commer­cial law. With its focus groups Tran­sac­tions, HR Law, Japan, Tech Law, Risk and Regu­la­tory, the firm is geared towards provi­ding its clients with compre­hen­sive advice. The law firm was foun­ded in 2006 and has offices in Düssel­dorf, Munich and Tokyo as well as a talent hub in Berlin. Further infor­ma­tion can be found at www.arqis.com.