WEIL advises Apax Digital on investment in Signavio
Berlin, London, Frankfurt a. Main, Munich — Signavio received EUR 157 million (USD 177 million) in a Series B financing round for further global expansion. The financing round led by Apax Digital, the growth capital arm of London-based financial investor Apax Partners, also included Deutsche Telekom Capital Partners (DTCP) and Summit Partners. The Frankfurt and Munich offices of international law firm Weil, Gotshal & Manges LLP advised Apax Digital on its investment in SaaS provider Signavio.
Signavio, which was valued at EUR 350 million in the financing round, is a leading provider of cloud-based process modeling and management systems. The company is headquartered in Berlin and operates at a total of nine locations worldwide.
Advisor Apax Digital: Weil, Gotshal & Manges LLP
The Weil transaction team was led by Frankfurt-based Corporate Partner Dr. Kamyar Abrarin this transaction. and was supported by Tax Partner Ludger Kempf (Frankfurt) and Associates Sebastian Brenner, Thomas Weise, Aurel Hille, Steffen Giolda (all Corporate, Frankfurt), Mareike Pfeiffer (Labor Law, Frankfurt), Alisa Preissler (Tax, Frankfurt), Dr. Konstantin Hoppe, Dr. Barbara Sandfuchs (IP/IT, Munich), Dr. Sandra Kühn (Litigation, Munich) and Paralegals Sandra Maurer (Corporate, Munich) and Kristina Thiel (Labor Law, Frankfurt). Weil’s U.S. attorneys also served: partners Kevin Sullivan (Corporate, Boston) and Ted Posner (Litigation, Washington, DC) and associate Anthony Cahill (Corporate, Boston).