Orrick has advised U.S. software provider Flexera on its acquisition of Brainwaregroup, a Switzerland-based software asset management (SAM) provider.
The acquisition significantly expands Flexera’s presence in Germany, Austria and Switzerland and further supports its position as a leading global provider of SAM solutions for large, midsize and small enterprises seeking to optimize software spend and minimize risk across their portfolios.
Flexera Software LLC provides application usage management solutions to application producers and enterprises. The company, led by Jim Ryan and Joseph Freda, is based in Itasca (IL).
Flexera was advised by an Orrick team led by Düsseldorf data privacy IT/IP partner Christian Schröder (Picture), M&A and private equity partner Stefan Renner, André Zimmermann, Felix Schäfer, Robert Weinhold and Louisa Kallhoff.
Walder Wyss advised Flexera with a team including Stefan Knobloch (Corporate/M&A, Partner) Fabienne Anner (Corporate/M&A, Associate), Dimitrios Berger (Banking&Finance, Associate), Hugh Reeves (IP/IT, Associate), Azar Sang Bastian (IP/IT, Trainee), Ueli Sommer (Employment, Partner) and Simone Wetzstein (Employment, Associate).
Involved fees earner: Stefan Knobloch – Walder Wyss Ltd.; Fabienne Anner – Walder Wyss Ltd.; Dimitrios Berger – Walder Wyss Ltd.; Hugh Reeves – Walder Wyss Ltd.; Azar Sang Bastian – Walder Wyss Ltd.; Ueli Sommer – Walder Wyss Ltd.; Simone Wetzstein – Walder Wyss Ltd.; Christian Schröder – Orrick; Robert Weinhold – Orrick; Stefan Renner – Orrick; André Zimmermann – Orrick; Felix Schäfer – Orrick; Louisa Kallhoff – Orrick;
Clients: Flexera Software LLC;