Wall\u00addorf, Germany \u2014 SAP SE is acqui\u00adring Signa\u00advio GmbH from a consor\u00adtium consis\u00adting of Apax Part\u00adners, Deut\u00adsche Tele\u00adkom Capi\u00adtal Part\u00adners, Summit Part\u00adners, GP Bull\u00adhound and the foun\u00adders, repor\u00adtedly paying about 1 billion euros. \u2014 Wilkie Farr & Gallag\u00adher LLP advi\u00adses the consor\u00adtium on the sale of Signa\u00advio GmbH to SAP SE.<\/p>\n
Signa\u00advio, foun\u00added in 2009, is a leading provi\u00adder of SaaS-based busi\u00adness process analy\u00adsis and decis\u00adion manage\u00adment soft\u00adware that enables orga\u00adniza\u00adti\u00adons to design, imple\u00adment, analyze and manage complex proces\u00adses, decis\u00adi\u00adons and work\u00adflows. The parties have agreed not to disc\u00adlose details of the tran\u00adsac\u00adtion. The tran\u00adsac\u00adtion is expec\u00adted to be comple\u00adted by the 2nd quar\u00adter of 2021.<\/p>\n
The inves\u00adtors were invol\u00adved as follows: The Ameri\u00adcan finan\u00adcier Summit Part\u00adners<\/strong>, which has been with Signa\u00advio since 2015, still held around 8.1% of the company at the exit. Deut\u00adsche<\/strong> Tele\u00adkom Capi\u00adtal Part\u00adners<\/strong> \u2014 now better known as DTCP \u2014 held 6.6%. The Ameri\u00adcan inves\u00adtor Apax<\/strong>, which, like DTCP, inves\u00adted in Sgna\u00advio in 2019, was last on board with 40.6%. Which, at best, has now raised over 400 million. Last but not least, GP Bull\u00adhound<\/strong> also held a stake in Signa\u00advio (0.4%).<\/p>\n Signa\u00advio foun\u00adder Gero Decker last held around 15.2% of Signa\u00advio. On paper, this means around 152 million euros. Signa\u00advio co-foun\u00adder Nico\u00adlas Peters, who will work at the soft\u00adware startup until the summer of 2020, most recently held around 9.3% of the company. Co-foun\u00adder Willi Tsche\u00adsch\u00adner (CTO) most recently held around 9.5% of the company\u2019s shares. Co-foun\u00adder Torben Schrei\u00adter, who worked at Signa\u00advio until 2016, came to 2.8% shortly before the exit.<\/p>\n Will\u00adkie advi\u00adsed the consor\u00adtium consis\u00adting of lead inves\u00adtor Apax Part\u00adners, Deut\u00adsche Tele\u00adkom Capi\u00adtal Part\u00adners, Summit Part\u00adners, GP Bull\u00adhound and the foun\u00adders (\u201cConsor\u00adtium\u201d) on the sale of Signa\u00advio GmbH (\u201cSigna\u00advio\u201d) to SAP SE (\u201cSAP\u201d). The consor\u00adtium announ\u00adced that it has ente\u00adred into an agree\u00adment to sell Signa\u00advio, a leader in busi\u00adness process intel\u00adli\u00adgence and process manage\u00adment, to SAP.<\/p>\n Advi\u00adsor to the consor\u00adtium: Will\u00adkie Farr & Gallagher<\/strong> About Will\u00adkie Farr & Gallag\u00adher LLP<\/strong> Wall\u00addorf, Germany \u2014 SAP SE is acqui\u00adring Signa\u00advio GmbH from a consor\u00adtium consis\u00adting of Apax Part\u00adners, Deut\u00adsche Tele\u00adkom Capi\u00adtal Part\u00adners, Summit Part\u00adners, GP Bull\u00adhound and the foun\u00adders, repor\u00adtedly paying about 1 billion euros. \u2014 Wilkie Farr & Gallag\u00adher LLP advi\u00adses the consor\u00adtium on the sale of Signa\u00advio GmbH to SAP SE. Signa\u00advio, foun\u00added in 2009, is [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":36670,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1367,1368,1369,1371],"tags":[],"class_list":["post-43363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-private-equity-en","category-news-en","category-lawyers-tax-advisors-auditors-en","category-lawyers-tax-consultants-auditors","category-investors","category-deals-en","news-category-deals-news-en"],"yoast_head":"\n
\nunder the leader\u00adship of part\u00adner Dr. Kamyar Abrar<\/strong> (Corpo\u00adrate, Frank\u00adfurt), consis\u00adted of part\u00adners Simon F. Spen\u00adcer (IP, New York), Eugene L. Chang (IP, New York), William H. Rooney (Anti\u00adtrust, New York), Michael L. Katz (Corpo\u00adrate, New York), Dr. Markus Lauer (Corpo\u00adrate, Frank\u00adfurt), coun\u00adsels Miriam Steets, Wolf\u00adgang M\u00fcnchow, Daniel Zakrzew\u00adski, Dr. Moritz Vetter\u00admann (all Corpo\u00adrate, Frank\u00adfurt), Ludger Kempf (Tax, Frank\u00adfurt), Matthias Schr\u00ada\u00adder (Liti\u00adga\u00adtion, Frank\u00adfurt), Matthias T\u00f6ke (Finance, Frank\u00adfurt) and Jona\u00adthan Konoff (Anti\u00adtrust, New York), asso\u00adcia\u00adtes Aurel Hille (Anti\u00adtrust, Frank\u00adfurt), Cesare Vannuc\u00adchi, Jane Hentz, Ilie Manole, Andreas Sand\u00adber\u00adger, Philip Th\u00fcr\u00admer (all Corpo\u00adrate, Frank\u00adfurt), Dr. Nadine Kramer, Martin Waskow\u00adski (both HR, Frank\u00adfurt), Chris\u00adtian Schmidt (Tax, Frank\u00adfurt), Chris\u00adto\u00adpher Cleri\u00adhew, Stefa\u00adnie Lech\u00adler (both Finance, Frank\u00adfurt), Ahmad El- Gamal (Trade & Export, Washing\u00adton), Scott Wallace (Tax, London).<\/p>\n
\nWill\u00adkie Farr & Gallag\u00adher LLP is an inter\u00adna\u00adtio\u00adnal law firm with more than 750 lawy\u00aders with offices in New York, Washing\u00adton, Hous\u00adton, Palo Alto, San Fran\u00adcisco, Chicago, Paris, London, Frank\u00adfurt am Main, Brussels, Milan and Rome.<\/p>\n","protected":false},"excerpt":{"rendered":"