Forterro’s Acquisition of ERP Vendor abas Software

White & Case LLP has advised Forterro, a European group of ERP software companies backed by Battery Ventures, on its acquisition of abas Software AG.

Forterro, a group of European ERP software companies, backed by Battery Ventures, today announced that it has entered into a definitive agreement to acquire abas Software AG, a privately held ERP vendor, headquartered in Germany, with subsidiaries and partners in 27 countries.

abas was founded in 1980 and provides a complete ERP portfolio to 4,000 mid-market manufacturing and distribution businesses around the world. Today the company employs 450 people.

The transaction is subject to approval by German antitrust authorities.

Board Advisors Deutschland AG acted as M&A advisor and Friedrich Graf von Westphalen as legal advisor to abas Software AG.

White & Case advised Forterro on the transaction with Stefan Koch (Picture) and local partner Jan Ole Eichstädt (both Frankfurt), and included partners Justus Herrlinger (Hamburg) and Bodo Bender (Frankfurt), local partners Thyl Hassler (Düsseldorf), Andreas Lischka, Tim Bracksiek and Michael Leicht (all Frankfurt), associates Paul Kohlhaas, Christian Sperling, Julia Cornelius (both Frankfurt), Sebastian Stütze (Hamburg) and David Pamer (Berlin), and senior transaction lawyer Alexander Hansen Díaz (Frankfurt).

Involved fees earner: Bodo Bender – White & Case; Tim Bracksiek – White & Case; Jan Ole Eichstädt – White & Case; Thyl Haßler – White & Case; Justus Herrlinger – White & Case; Julia Cornelius – White & Case; Stefan Koch – White & Case; Paul Kohlhaas – White & Case; Michael Leicht – White & Case; Andreas Lischka – White & Case; David Pamer – White & Case; Sebastian Stütze – White & Case;

Law Firms: White & Case;

Clients: Forterro ;