Munich \u2014 The publicly traded Cana\u00addian company Constel\u00adla\u00adtion Soft\u00adware, Inc. acqui\u00adred all shares in Peak\u00adwork AG in D\u00fcssel\u00addorf. Previous owners of Peak\u00adwork were company foun\u00adder Ralf Usbeck and other members of the manage\u00adment team as majo\u00adrity share\u00adhol\u00adders as well as the private equity fund Brock\u00adhaus and TUI Betei\u00adli\u00adgungs GmbH. Finan\u00adcial details of the acqui\u00adsi\u00adtion were not disclosed.<\/p>\n
Foun\u00added in 2009, German company Peak\u00adwork deve\u00adlops distri\u00adbu\u00adtion systems used by airlines, tour opera\u00adtors and online travel agen\u00adcies. Its product enables travel suppli\u00aders to access these services for sale to custo\u00admers. Peak\u00adwork, with appro\u00adxi\u00adm\u00adately 150 employees, will become part of Vela Soft\u00adware, one of Constel\u00adla\u00adtion Soft\u00adware\u2019s six busi\u00adness units. The company will operate inde\u00adpendently and stres\u00adsed that there will be no inter\u00adrup\u00adtion of services.<\/p>\n
Toronto-based Constel\u00adla\u00adtion is a publicly traded, global conglo\u00adme\u00adrate of soft\u00adware compa\u00adnies in a variety of industries.<\/p>\n
POELLATH provi\u00added compre\u00adhen\u00adsive legal advice to the sellers in the context of the tran\u00adsac\u00adtion as lead coun\u00adsel for the seller side with the follo\u00adwing team:<\/strong><\/p>\n Phil\u00adipp von Braun\u00adschweig (photo)<\/strong>, LL.M. (Ford\u00adham) (Part\u00adner, Lead Part\u00adner, Corporate\/M&A, Munich) POELLATH had alre\u00adady advi\u00adsed inves\u00adtor Brock\u00adhaus on its entry in 2017 and now recei\u00adved the trust of all sellers as lead coun\u00adsel for the transaction.<\/p>\n Advi\u00adsors to Constel\u00adla\u00adtion Soft\u00adware, Inc.: Taylor Wessing Hamburg<\/strong> Advi\u00adsor TUI: Mayer Brown D\u00fcsseldorf<\/strong> As well as Mareike Acker\u00admann (in-house) involved.<\/p>\n","protected":false},"excerpt":{"rendered":" Munich \u2014 The publicly traded Cana\u00addian company Constel\u00adla\u00adtion Soft\u00adware, Inc. acqui\u00adred all shares in Peak\u00adwork AG in D\u00fcssel\u00addorf. Previous owners of Peak\u00adwork were company foun\u00adder Ralf Usbeck and other members of the manage\u00adment team as majo\u00adrity share\u00adhol\u00adders as well as the private equity fund Brock\u00adhaus and TUI Betei\u00adli\u00adgungs GmbH. Finan\u00adcial details of the acqui\u00adsi\u00adtion were [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":48355,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1367,1368,1371,1372],"tags":[],"class_list":["post-48357","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-lawyers-tax-advisors-auditors-en","category-lawyers-tax-consultants-auditors","category-deals-en","category-consultant"],"yoast_head":"\n
\nDr. Nico Fischer (Part\u00adner, Tax Law, Munich)
\nDaniel Wied\u00admann, LL.M. (NYU) (Asso\u00adcia\u00adted Part\u00adner, Anti\u00adtrust Law, Frankfurt)
\nDr. Andreas Reuther (Asso\u00adcia\u00adted Part\u00adner, Employ\u00adment Law, Munich)
\nChris\u00adtine Funk, LL.M. (Coun\u00adsel, IT, Frankfurt)
\nDr. Matthias Meier (Senior Asso\u00adciate, M&A\/Corporate, Munich)
\nDavid L\u00fcbke\u00admeier, LL.M. (UCL) (Asso\u00adciate, Corporate\/M&A, Munich)
\nAndreas Gesell (Asso\u00adciate, Tax Law, Munich)<\/p>\n
\nDr. Jan Riebeling<\/p>\n
\nDr. Jan Streer<\/p>\n