LLCP portfolio company Cleversoft acquires Tetralog Systems

Photo: Holger H. Ebers­ber­ger, Part­ner, Private Equity at McDer­mott Will & Emery Munich (Photo © McDermott)
26. May 2024

Munich/ Frank­furt a. M. — Clever­soft, a port­fo­lio company of private equity inves­tor Levine Leicht­man Capi­tal Part­ners (LLCP), acqui­res Tetra­log Systems. McDer­mott Will & Emery advi­sed Clever­soft on the acqui­si­tion of Tetra­log Systems AG.

With this acqui­si­tion, Clever­soft is expan­ding its port­fo­lio to include Wealth­Tech solu­ti­ons for port­fo­lio analy­sis and opti­miza­tion, among other things, and is conti­nuing its growth strategy.

Foun­ded in 2004 and head­quar­te­red in Munich, Clever­soft Group is a leading provi­der of regu­la­tory soft­ware and services for the finan­cial services indus­try. The Group provi­des over 1,000 finan­cial insti­tu­ti­ons world­wide with solu­ti­ons for opti­mi­zing busi­­ness-rele­­vant compli­ance processes.

Tetra­log Systems AG has been digi­tiz­ing the invest­ment advi­sory process for finan­cial insti­tu­ti­ons in Europe for more than 30 years. Its clients include well-known Tier 1 banks and asset mana­gers. As part of Clever­soft, Tetra­log will conti­nue to operate on the market under its tradi­tio­nal name.

Levine Leicht­man Capi­tal Part­ners is a mid-market private equity firm with $9.3 billion in assets under manage­ment and offices in Los Ange­les, New York, Chicago, Char­lotte, Miami, London, Stock­holm, The Hague and Frankfurt.

LLCP acqui­red Clever­soft from Main Capi­tal in 2023. A team from McDer­mott Will & Emery also advi­sed on this tran­sac­tion at the time.

Advi­sor Clever­soft: McDer­mott Will & Emery 

Under the leader­ship of Holger H. Ebers­ber­ger (Part­ner, Private Equity, Munich) and Dr. Thomas Diek­mann (Coun­sel, Private Equity, Munich); the team also included Marion Dalvai-König (Asso­ciate, Real Estate Law, Munich), Dr. Armin Teymouri (Asso­ciate, Private Equity, Munich), Stef­fen Woitz (Part­ner, IP/IT, Munich), Lukas Deutz­mann (Asso­ciate, Employ­ment Law, Cologne/Düsseldorf), Dr. Claus Färber (Coun­sel, Data Protec­tion Law, Munich), Dr. Florian Schie­fer (Part­ner, Tax Law, Frank­furt) and Dr. Chris­tian Rolf (Part­ner, Employ­ment Law, Frankfurt).

About McDer­mott Will & Emery

McDer­mott Will & Emery is a leading inter­na­tio­nal law firm with more than 1,400 lawy­ers in more than 20 offices in Europe, North America and Asia. Our lawy­ers cover the entire spec­trum of commer­cial and corpo­rate law with their advice. The German prac­tice is mana­ged by McDer­mott Will & Emery Rechts­an­wälte Steu­er­be­ra­ter LLP.

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