SKW Schwarz Advises SAE on Sale to Norwegian Company Xait

Munich — SKW Schwarz advi­sed the share­hol­ders of SAE GmbH on the sale of a majo­rity stake in the company to Xait, which is backed by Main Capi­tal Part­ners. With this first add-on acqui­si­tion since the start of its part­ner­ship with Main Capi­tal, Xait is streng­thening its posi­tion in the CPQ segment. 

SAE, head­quar­te­red in Weng, Germany, offers a modu­lar CPQ and vari­ant manage­ment plat­form for auto­ma­ting confi­gu­ra­tion, pricing, and quoting proces­ses. The plat­form is prima­rily used by indus­trial and manu­fac­tu­ring compa­nies in the mecha­ni­cal and plant engi­nee­ring sectors, as well as in the indus­trial equip­ment and auto­mo­tive industries. 

Head­quar­te­red in Stavan­ger, Norway, Xait is a global provi­der of soft­ware for colla­bo­ra­tive docu­ment editing and propo­sal crea­tion. The company serves more than 300 custo­mers, prima­rily in the (rene­wa­ble) energy, capi­tal goods, and busi­ness services sectors. 

Consul­tant, SAE GmbH: SKW Schwarz, Munich

Marion Anzin­ger (Lead), Dr. Stephan Morsch (both Corpo­rate Law/M&A), Dr. Daniel Meßmer (IT), Alex­an­der Möller (Employ­ment Law, Frank­furt), Dr. Stefan Pein­tin­ger (IP), Nicole Wolf-Thomann (Tax Law); Coun­sel: Eva Bona­cker (M&A), Peer Niklas Bolten (Real Estate Law, Berlin), Asso­cia­tes: Raluca-Ramona Calin (Corpo­rate Paralegal)

SKW Schwarz is an inde­pen­dent full-service law firm. With appro­xi­m­ately 120 attor­neys across three loca­ti­ons in Germany, the firm provi­des legal coun­sel in all rele­vant areas of busi­ness law. At the end of 2018, the firm foun­ded SKW Schwarz @ Tech GmbH, where attor­neys conso­li­date all legal tech acti­vi­ties across loca­ti­ons and prac­tice areas. — www.skwschwarz.de