Allen & Overy advises on sale of Swyx Solutions AG
18 January 2018
Allen & Overy LLP advises the shareholders of Swyx Solutions AG on all legal aspects of the sale of Swyx Solutions AG to Waterland Private Equity. Consummation of the transaction is subject to merger control clearance. The parties agreed to keep the purchase price confidential.
Swyx is a developer of software-based communications solutions specially tailored to meet the demands of medium-sized companies. More than one million users rely on in-house and cloud-based communication solutions offered by Swyx. Swyx is a German stock corporation headquartered in Dortmund, Germany, with subsidiaries in the UK and France.
The current shareholder base consists of 27 shareholders and includes strategic and financial investors, current and former members of the management team and employees.
Waterland is an independent private equity investment group with offices in the Netherlands (Bussum), Belgium (Antwerp), Germany (Munich, Hamburg), Poland (Warsaw), United Kingdom (Manchester) and Denmark (Copenhagen). Waterland manages 6 billion euros of investor commitments.
The Allen & Overy team is being co-led by senior associate Alexander Wüpper and partner Dr. Hartmut Krause (both Corporate/M&A, Frankfurt). They are supported by partner Dr. Asmus Mihm and associate Thomas Dieker (both Tax), partner Dr. Hans-Peter Löw, senior associate Boris Blunck (both Employment), counsels Nikolai Sokolov (Private Equity) and Dr. Andre Wandt (Corporate), associates Gregor Petric and Frederic Wünsche (both Corporate/M&A, all Frankfurt), partner Dr. Jens Matthes and senior associate Miray Kavruk (both IP) and partner Tobias Neufeld and associate Catharina Glugla (both data protection, all Düsseldorf) and partner Jürgen Schindler and associate Benjamin Geisel (both competition, Brussels).