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POELLATH advises Elvaston Capital on investment in iS Software Group

Photo: Dr. Thomas Keul, Mana­ging Part­ner at Elva­s­ton Capi­tal in Berlin
13. May 2022

Berlin/ Regensburg/ Munich — A fund advi­sed by Elva­s­ton Capi­tal (“Elva­s­ton”) has acqui­red a majo­rity stake in iS Soft­ware Group (“iS Soft­ware”), a German soft­ware deve­lo­per for the energy and water indus­try. The seller was WZ Energy Holding GmbH (“WZ Energy”). POELLATH provi­ded compre­hen­sive legal and tax advice to Elva­s­ton in connec­tion with the acquisition.

Based in Regens­burg, iS Soft­ware has been deve­lo­ping and distri­bu­ting stable and modern soft­ware solu­ti­ons for small and medium-sized compa­nies in the energy and water indus­try for more than 25 years. The company supports and accom­pa­nies its appro­xi­mately 300 custo­mers with indi­vi­dual concepts and solu­ti­ons as well as forward-looking tech­no­lo­gies. iS Soft­ware employs about 120 people at 5 loca­ti­ons and focu­ses on current topics, such as the new market commu­ni­ca­tion 2022, Redis­patch 2.0, new billing models or the SMGWA connection.

Elva­s­ton is an entre­­pre­­neur-led invest­ment company based in Berlin, specia­li­zing in medium-sized compa­nies in German-spea­­king coun­tries. Elva­s­ton acqui­res majo­rity stakes and provi­des equity capi­tal to finance growth. The port­fo­lio inclu­des succes­sion solu­ti­ons for entre­pre­neurs and fami­lies, group spin-offs and buy-and-build concepts in indus­tries with conso­li­da­tion poten­tial, growth finan­cing in the form of equity capi­tal incre­a­ses and tran­sac­tions in listed companies.

Consul­tant Elva­s­ton: POELLATH

Dr. Tim Kauf­hold (Part­ner, Lead Part­ner, M&A/Private Equity, Munich)
Dr. Nico Fischer (Part­ner, Tax Law, Munich)
Daniel Wied­mann, LL.M. (NYU) (Asso­cia­ted Part­ner, Distri­bu­tion and Anti­trust Law, Frank­furt a.M.)
Dr. Moritz Klein (Coun­sel, M&A/Private Equity, Munich)
Chris­tine Funk, LL.M. (Senior Asso­ciate, M&A/Private Equity, Frank­furt a.M.)
Nemanja Burgić, LL.M. (Senior Asso­ciate, M&A/Private Equity, Munich)
Matthias Ober­bauer, LL.M. (Senior Asso­ciate, M&A/Private Equity, Munich)

About POELLATH

POELLATH is a market-leading inter­na­tio­nal busi­ness and tax law firm with more than 150 lawy­ers and tax advi­sors in Berlin, Frank­furt and Munich. We stand for high-end advice on tran­sac­tions and asset manage­ment. We offer legal and tax services from a single source. In our selec­ted and highly specia­li­zed prac­tice groups, we not only know the law, but also shape best prac­tice in the market toge­ther with our clients. Natio­nal and inter­na­tio­nal rankings regu­larly list our consul­tants as leading experts in their field.

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