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LeanIX investors sell the company to SAP

Photo: The SAP — Logo
8. Septem­ber 2023

Wall­dorf — The inves­tor group of LeanIX has sold the company to the Wall­­dorf-based soft­ware group SAP. Sellers include inves­tors such as Insight Part­ners, DTCP, Capna­mic Ventures, Iris Capi­tal, Dawn Capi­tal and Gold­man Sachs. The tran­sac­tion is expec­ted to close in the fourth quar­ter of 2023, subject to custo­mary closing condi­ti­ons and regu­la­tory appr­ovals. The parties have agreed not to disc­lose the terms of the transaction.

LeanIX was foun­ded in 2012 by Jörg Beyer and André Christ in Bonn. The start-up is a global leader in enter­prise archi­tec­ture manage­ment (EAM) and offers a cloud plat­form that enables custo­mers to gain visi­bi­lity into their IT systems, which is also a prere­qui­site for moder­ni­zing their own infor­ma­tion technology.

With the plan­ned acqui­si­tion, SAP aims to expand its product port­fo­lio and help custo­mers more easily manage chan­ges in the busi­ness envi­ron­ment and perma­nently improve busi­ness proces­ses through LeanIX’s Saas offe­ring. In addi­tion, LeanIX recently laun­ched an AI wizard to help compa­nies leverage the poten­tial of gene­ra­tive AI to manage IT landscapes.

Advi­sors to SAP: Allen & Overy
Led by part­ner Dr. Roman A. Kasten (Corporate/Private Equity, Frank­furt) and senior asso­ciate Linda Mayer (Corporate/M&A, Munich); the team also included part­ner Dr. Heike Weber (Tax Law, Frank­furt) as well as part­ner Dr. Börries Ahrens (Anti­trust Law, Hamburg), senior asso­cia­tes Catha­rina Glugla (Data Protec­tion), Anna Kräling (IP/IT, both Düssel­dorf), Merle Herr­mann (Labor Law, Hamburg) and asso­ciate Vero­nika Gaile (Corporate/M&A, Frankfurt).

Also advi­sing were part­ner Dr. Alex­an­der Veith (Corporate/M&A, Munich), coun­sel Dr. René Galle (Anti­trust, Hamburg), Dr. Stephan Bühner (FDI), Dr. Manuel Köchel (Tax, both Frank­furt), Henri­ette Hermann, (Anti­trust, Hamburg), Katha­rina Jüne­mann (IP/IT), Pascal Yves Schroe­der (Data Protec­tion, both Düssel­dorf), Mert Guel­mez (Anti­trust, Hamburg), Hendrik Slab­sche (Corporate/Private Equity, Frank­furt), the Tran­sac­tion Support Lawyer Corvin Kiesel­horst (Corporate/M&A, Munich) and Laura Thiel (Corporate/M&A, Frank­furt) as well as the Tran­sac­tion Offi­cers Lotte Dillen (Corporate/M&A, Frank­furt) and Sophia Merkl (Corporate/M&A, Munich).

In addi­tion, Allen & Overy lawy­ers from the USA, UK, France, Nether­lands, Turkey, Italy, Poland, Spain, Luxem­bourg, Austra­lia, Belgium and Hungary advised.

Rojs, Peljhan, Preles­nik & Part­ners, Slove­nia, acted as part­ner law firm.

Advi­sor Dawn Capi­tal: YPOG
Dr. Benja­min Ullrich (Lead, Tran­sac­tions), Part­ner, Berlin Tobias Lovett (Tran­sac­tions), Senior Asso­ciate, Berlin Farina Weber (Tran­sac­tions), Asso­ciate, Berlin

About Dawn Capital

Dawn Capi­tal is Europe’s largest specia­li­zed B2B soft­ware inves­tor. The company part­ners with inno­va­tive compa­nies that can become cate­­gory-defi­­ning global titans through excep­tio­nal teams, products and busi­ness models. Dawn is an early-stage inves­tor that supports Series A and B compa­nies and funds the best-performing compa­nies through growth rounds to exit. In B2B soft­ware, Dawn focu­ses on four areas: Data and Analy­tics, Secu­rity, Fintech, and the Future of Work. Previous invest­ments have included the likes of Mime­cast and iZettle, while current invest­ments include some of Europe’s leading soft­ware compa­nies such as Colli­bra, Show­pad, Data­iku, Templafy, Quan­texa, Garri­son and Tink.

 

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