nyxmo LAB sells its shares in flux.connect to Beneficio Invest
Frankfurt a.M. - McDermott Will & Emery advised nyxmo LAB GmbH on the sale of its stake in flux.connect GmbH. The acquirer is Beneficio Invest GmbH.
flux.connect GmbH has developed the server or cloud-based platform “flux.connect”. This enables communication between connected devices such as POS systems, booking platforms or POS payment terminals and providers of additional services. This means, for example, that POS payment transaction terminals can also be controlled by a cash register system (terminal cash register integration) or booking system.
nyxmo LAB, based in Munich, Germany, develops software for point-of-sale solutions such as card and online payment, loyalty and digital cash code systems.
The team led by partner Dr. Michael Cziesla has recently advised on a number of tech transactions, most recently Investcorp on the acquisition of a stake in Contentserv Group.
Advisors to nyxmo LAB: McDermott Will & Emery, Frankfurt a.M.
Dr. Michael Cziesla, Photo (lead), Norman Wasse, LL.M. (both Corporate/M&A), Dr. Heiko Kermer (Counsel, Tax Law), Marion von Grönheim (Associate, Corporate/M&A)
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