21
Thu, Nov
43 New Articles

Wolf Theiss and Binder Groesswang Advise on Software AG's Restructuring and Sale of its Super iPaaS Business to IBM

Wolf Theiss and Binder Groesswang Advise on Software AG's Restructuring and Sale of its Super iPaaS Business to IBM

Austria
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Wolf Theiss, working with Simpson Thacher & Bartlett, Gorrissen Federspiel, and Hengeler Mueller, has advised Software AG on the carve-out and sale of its Super Integration Platform as a Service business to IBM. Binder Groesswang, working with Cravath, Swaine & Moore, advised IBM.

The transaction, valued at EUR 2.1 billion, closed on July 1, 2024.

Software AG focuses on developing enterprise software for business process management and big data analytics. 

The Wolf Theiss team included Partners Horst Ebhardt, Richard Clegg, and Anna Rizova, Counsel Doris Buxbaum, Senior Associates Staniella Todorova, Yanitsa Radeva, Maria Nikolova, and Zhulieta Markova, and Associate Talliya Romanova.

The Binder Groesswang team included Partner Michael Kutschera, Senior Associate Roswitha Seekirchner, Associate Matija Bernat, and Legal Assistant Ivanna Zinko.

Editor's Note: After this article was published, Paksoy announced that it advised Software AG. The firm's team included Partner Nazli Bezirci and Senior Associate Melisa Sevinc Atilganer.

Wolf Theiss at a Glance

With over 360 lawyers in 13 countries, over 80% of the firm’s work involves cross-border representation of international clients. We have concentrated our energies on a unique part of the world: the complex, fast-developing markets of the CEE/SEE region. Through our international network of offices, we work closely with our clients to develop innovate solutions that integrate legal, financial, and business know-how.

Wolf Theiss provides fully integrated corporate services in mergers and acquisitions, private equity, real estate, banking and finance, tax and insurance, employment law, competition law, energy law, privatisation, restructuring, public procurement and litigation. At Wolf Theiss, we measure our success by the success of our clients. We align our goals with yours to ensure that your needs are being met in even the most complex of cross-border matters. This means that we know how to listen to you and help you use the assets you already have while finding opportunities.

Firm's website:

Wolf Theiss – Leading Lawyers in CEE/SEE