POELLATH advises Elvaston Capital on investment in iS Software Group
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)
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.