Marondo Capital invests in Datavard
Munich — King & Wood Mallesons (KWM) advised Marondo Capital GmbH (Marondo) on its investment in Datavard AG (Datavard) in the context of a capital increase. Marondo’s investment will enable data management expert Datavard to continue its strategic growth and successful corporate development.
Headquartered in Heidelberg, Germany, with additional locations worldwide (in Europe, the US, and Asia), Datavard is an innovative provider of intelligent solutions and consulting for SAP data management, application decommissioning, integration of SAP data into Big Data and Data Lakes, managed services, and system landscape transformation, including SAP S/4 HANA migration. The IT company counts international companies such as Allianz, BASF and Nestlé among its customers.
Marondo is an innovative investment company for fast-growing, technology-focused companies of the next generation of SMEs in Germany and DACH. The fund invests in companies in the classic German engineering disciplines through majority & minority transactions. This includes the industry sectors software & IT, industry 4.0, environmental technologies, new materials as well as medical technology and health technologies. Photo: Marko Maschek, founding partner Marondo Capital.
Advisor Marondo Capital GmbH:
Dr. Michael Roos (Partner), Hilke Schmitt (Counsel), Dr. Laura Schumann (Associate)